ICMIF member Shepherds Friendly (UK) has announced a partnership with insurance and healthcare technology firm Alula Technologies to modernise and future-proof its underwriting. The Manchester-based mutual has adopted Alula’s low-code underwriting platform, designed to be quickly adapted to changing market conditions and member needs. The new system will allow Shepherds Friendly to provide cover to […]
Canadian ICMIF member Co-operators has announced updated climate investing targets, including a goal to increase its climate solutions* investments from a USD 2 billion baseline in 2024 – representing 21% of the company’s investment portfolio to USD 3 billion by 2030. These heightened targets demonstrate Co operators commitment to decarbonise the economy, accelerate climate adaptation […]
Philippines model showcased to inspire inclusive insurance growth in Asia Pacific. The United Nations Development Programme’s Insurance and Risk Finance Facility (UNDP IRFF) brought together insurance regulators from the Philippines and across Asia Pacific for a three-day peer-to-peer exchange on expanding inclusive insurance through mutual microinsurance earlier this year. Held from 28–30 July 2025 in […]
Japanese ICMIF member Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives) has announced its investment in the Hyogo Prefecture FY2025 Disaster Resilience Bond. Zenkyoren says one of its missions is to help build safe and prosperous local communities through proactive business activities. The organisation works closely with Agricultural Cooperatives to promote disaster preparedness and carries […]
The Commonwell Mutual Insurance Group (The Commonwell), a Canadian mutual insurer and ICMIF member, has announced it will provide CAD 400,000 in community funding across Ontario in 2025. The Commonwell says this is in response to the financial challenges many people and organisations are facing and it wants to step up to provide financial support […]
Due to increasing incidences of cyberattacks which are affecting Swedish businesses and farms, ICMIF member Länsförsäkringar has announced the launch of a market-leading offering of cyber insurance with new loss prevention services. The offering comes thanks to Länsförsäkringar’s collaboration with the cybersecurity company Safestate. The new services will help identify and fix vulnerabilities and reduce […]
In a significant step toward environmental stewardship, ICMIF member Unimutual has announced its investment in the planting of 1,000 trees through the Forktree Project, a regenerative initiative aimed at restoring degraded farmland and enhancing biodiversity across South Australia. This initiative forms a cornerstone of Unimutual’s Environmental, Social, and Governance (ESG) strategy, underscoring the organisation’s commitment […]
ICMIF member Farm Mutual Re, a 100% Canadian mutual reinsurance company, has led a CAD 65 million growth equity funding round in Collectivfide. The investment, raised in two tranches (CAD 45 million on 31 March 2025, and CAD 20 million on 1 September 2025), will accelerate Collectivfide’s strategy of acquiring and supporting leading independent insurance […]
As reinsurance industry leaders prepare to gather in Monte Carlo for the annual Rendez-Vous de Septembre, ICMIF Supporting Member AM Best publishes its latest research on the global industry highlighting the segment’s strong technical results and disciplined underwriting amid a market recalibration since the January 2023 renewal period. Now available in one comprehensive volume, featuring […]
New Zealand mutual insurer and ICMIF member MAS has been recognised with three Most Satisfied Customers Awards in Canstar’s 2025 Insurance Awards, reinforcing the organisation’s strong reputation for service and member focus. The insurer, which is a member of the International Cooperative and Mutual Insurance Federation (ICMIF), took out top honours in Home and Contents […]