Acting responsibly is a tradition for German ICMIF member R+V Versicherung. The cooperative insurer has this week announced that it has signed the Principles for Responsible Investment (PRI) supported by the United Nations (UN). The goal of the PRI international investor network of asset managers, banks and insurance companies from around 80 countries is to […]
Swedish ICMIF member Folksam has announced a SEK 10 billion (USD 1.1 billion) investment in the real estate credit fund Brunswick Real Estate Capital III (BREC III). This is Folksam’s single largest investment ever. The fund will focus on commercial properties with clear sustainability goals. Through a strong institutional capital base, with investors such as […]
Canadian ICMIF member Wawanesa Mutual Insurance Company (Wawanesa) has announced that it has successfully brought commercial and garage property products onto its Guidewire InsuranceSuite™ platform, placing Wawanesa among the first insurance providers in Canada to have its entire product suite online. These new digital capabilities support Wawanesa and its broker community in the goal of […]
ICMIF member MAS (New Zealand) has announced that it will be returning NZD 1.7 million (USD 1.1 million) in savings made on reduced motor vehicle claims during the COVID-19 lockdown to its members. This pass-back forms a major pillar of the MAS Relief Package which the mutual launched in April, which was established to help […]
UK ICMIF member Cornish Mutual has pledged to provide communities across the South West of England with 1,000 hours of volunteering during 2020. The rural insurer is actively supporting its employees in their efforts to volunteer across a wide range of good causes in their own neighbourhoods. Last year, the Cornish Mutual team totalled-up around […]
Covid-19 has caused major disruption to how businesses are able to work in the UK and as lockdown lifts, adapting to the new normal is crucial to survival for many says UK ICMIF member Ecclesiastical. The mutual specialist insurer has therefore used its risk expertise to help businesses prepare. To help businesses develop a strategic […]
Canadian ICMIF member The Commonwell Mutual Insurance Group has been named a Five-Star Carrier in Insurance Business Canada magazine’s annual Five-Star Carriers report. The prestigious list spotlights the companies that have received the highest ratings in this year’s broker’s survey of insurance carriers nationwide by consistently providing top-notch service. Insurance Business Canada asked hundreds of […]
Danish ICMIF member LB Forsikring has announced some good news for green car owners as the mutual insurer now offers a discount on car insurance for all cars that have achieved 5 stars in the Green NCAP test. Green NCAP is an independent initiative which promotes the development of cars which are clean, energy efficient […]
ICMIF member Simplyhealth (UK) has reported strong growth in its new virtual health cash plan app which includes a 24/7 GP and virtual physiotherapy triage service. The mutual says that customers are rapidly signing up for the new service and in June, Simplyhealth saw a 225% increase on May registrations for their new virtual health […]
In early July this year, La Capitale and SSQ Insurance announced that their merger of equals was official, creating the largest mutual insurance company in Canada with over 3.5 million members and clients. The merger of La Capitale and SSQ Insurance was originally announced in January of this year and after completing a number of regulatory steps, […]