ICMIF member and Singapore-based insurer NTUC Income (Income) has become the latest cooperative/mutual insurer to offer a “Pay-as-you-drive” motor insurance policy. The insurance product has been launched in partnership with Carro, the largest automotive marketplace in Singapore. The new insurance product is based on a “pay as you drive” model and users will pay according to how much […]
Read MoreICMIF Supporting Member AM Best has maintained a market segment outlook of stable on the global reinsurance industry for 2020, citing a stabilized pricing environment – albeit at levels below long-term adequacy – the continuing alignment between traditional and third-party capital and ongoing stability in the global life reinsurance segment. The new Best’s Market Segment Report, titled, […]
Read MoreNow in their 22nd year, the Personal Finance Awards have enjoyed recognition for many as being a benchmark for excellence in the UK’s consumer finance market. The 2019 Personal Finance Awards took place at the in London last week, on Wednesday 27 November. Voted for by consumers via The Money Pages website, the organisers say […]
Read MoreDutch ICMIF member Achmea is this week partnering with Amsterdam Drone Week (4 – 6 December 2019, Amsterdam). In their article about Achmea’s participation in the event, Amsterdam Drone Week commented that this may be seen as a striking partnership, because insurance may not be the first thing people think of when it comes to drones. Yet it is […]
Read MoreThe latest sigma report from the Swiss Re Institute (SRI), the research arm of ICMIF Supporting Member Swiss Re, suggests that technology advances are enabling non-life (P&C) insurers to unlock new frontiers in risk assessment and mitigation thanks to advanced analytics. Past successes that focused on improving expense ratios have catalysed new investment with pilots by insurers showing meaningful […]
Read MoreBreach Fulfillment Services, Incident Response Forensics and new leadership create more comprehensive solution ICMIF Supporting Member CyberScout, a global leader in identity theft resolution, data defence and employee benefits services, has this week announced the expansion of their Global Incident Response offering, which now includes Breach Fulfillment Services and Incident Response Forensics that will help global […]
Read MoreSwiss ICMIF member Mobiliar has this month announced it has become an investor and strategic partner of a Bern-based start-up Carvolution. Mobiliar joins other investors in helping to accelerate the growth of the start-up. Carvolution offers a monthly car subscription and their service provides the Swiss public with an alternative to buying and leasing cars. Carvolution customers can […]
Read MoreThis year, Canadian ICMIF member The Co-operators has once again been recognised by the Kincentric Best Employer list as a top Canadian organisation that demonstrates strong performance in employee engagement, agility, engaging leadership and talent focus. In addition, the Sovereign General Insurance Company (Sovereign Insurance), a wholly owned subsidiary of Co-operators General Insurance Company, has also been […]
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