German ICMIF member HUK-COBURG and the German Initiative for Safe Roads (Initiative für sichere Straßen GmbH) have announced the signing of a cooperation agreement. From now on, HUK-COBURG will supply anonymised driving data from its telematics tariff to the Road Safety Initiative in Bonn. The aim is to use data analysis to identify potential danger […]
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ICMIF member Grupo San Cristóbal (Argentina), an insurance and financial services company with more than 80 years of experience, has recently obtained the Great Place to Work certification for the quality of the culture achieved in the organisation. The company received its first globally recognised and trusted one-year certification badge. The results were obtained from […]
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On 29 April 2024, ICMIF member Vaudoise Assurances Holding SA (Switzerland) acquired 100% of the share capital of Prevanto SA, which advises on public and private pension funds in Switzerland. This acquisition follows that of Pittet Associés SA, a consulting firm for pension funds and insurance companies, in 2019, which was subsequently joined by SwissLife […]
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ICMIF Supporting Member Gallagher Re has published the first of its 2024 series of Global InsurTech reports. This year’s series of reports will examine the role of Artificial Intelligence (AI) in the reinsurance industry, breaking down the function and processes of AI into their relevant parts within the reinsurance value chain. The first report of […]
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On Saturday 4 May 2024, residents across Canada will participate in Wildfire Community Preparedness Day, an annual initiative that encourages residents to take proactive steps to better prepare their homes and neighbourhoods against wildland fire. This initiative has been supported by Canadian ICMIF member Co-operators since its inception in 2015. Each year, neighbourhoods and community […]
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ICMIF member Simplyhealth, one of the UK’s leading health plan providers, has announced the addition of an innovative new eyecare service to its growing community of quality-assured healthcare services. The aim is to provide people with discounted and faster access to optical support. The new partnership is with vision benefits company EyeMed UK (part of […]
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ICMIF partner organisation A4S has produced “top tips” guidance for the finance teams of insurers and reinsurers for calculating their emissions baseline. A4S says the climate crisis risks creating an uninsurable world, but the insurance industry has a pivotal role in avoiding the worst outcomes. Insurance-associated emissions – the scope 3 emissions associated with their […]
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ICMIF member Thrivent and baseball team the Minnesota Twins have announced a multi-year partnership – including a new fund that provides USD 200,000 annually to select local nonprofits, naming rights to the team’s club level of the home stadium, Target Fields, and a rebranded annual ticket plan – that will inspire a new model for […]
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The global mutual and cooperative sector collectively wrote USD 1.41 trillion in insurance premiums and increased the sector’s share of the total insurance market to an eight-year high of 26.3% in 2022, according to the International Cooperative and Mutual Insurance Federation’s latest Global Mutual Market Share report. The ICMIF Global Mutual Market Share 2024 report […]
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ICMIF member Sheffield Mutual Friendly Society (UK) has declared its results for 2023, showing a positive investment return on its with-profits fund of 9.0% and paying out a record profit share of over GBP 5.1m to members. 2023 business & financial highlights: Asset base increased to a record GBP 215 million Total number of traditional […]
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