Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

Zenkyoren strengthens initiatives to support rural communities in Japan affected by the COVID-19 pandemic

Japanese ICMIF member Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives), is the national federation that manages Kyosai (the name for cooperative insurance in Japan) business for farmers in the JA Group consisting of more than 600 Japan Agricultural Cooperatives (JAs) all over Japan. According to the 2019 issue of the World Cooperative Monitor published by the International Cooperative Alliance (ICA) […]

NFU Mutual gives over 600,000 members home breakdown cover during UK lockdown

ICMIF member NFU Mutual (UK) is giving its existing and new car and small van*  member policyholders complimentary or upgraded RAC home start and national recovery breakdown cover until the end of August 2020, to help customers get back on the road as lockdown restrictions are lifted during the coming months and to keep key workers and vital […]

Folksam moves closer to net zero emissions with new reporting of sustainability data

In line with its goal to be a leader in sustainability in the insurance industry, ICMIF member Folksam (Sweden) is starting to report its own carbon footprint every quarter. For the first time, it published key figures linked to its sustainability work in its interim report for the first quarter of 2020. Folksam is the first in the […]

ICMIF members collaborate on a Global Insurance Conference in Buenos Aires

Two Argentinian ICMIF members, the Association of Interior Insurers of the Argentine Republic (ADIRA) and the Argentine Association of Insurance Cooperatives and Mutual Societies (AACMS) have this week helped organise and taken part in the Global Insurance Conference – Buenos Aires 2019. The event was convened in conjunction with a number of other Argentinian insurance […]

OneFamily introduces teenager-friendly tech for child trust fund holders

ICMIF member OneFamily, a UK-based friendly society, is to use teen-friendly tech to make life easier for its 1.6 million child trust fund account holders, as their accounts mature from September this year. OneFamily holds around a quarter of the UK’s child trust funds.  It will be working with digital identity platform Yoti to manage the secure identification of […]

IFFCO’s ‘Break the Corona’ campaign helps Indian farmers keep working despite lockdown

Despite India being in lockdown for almost for two months now, ICMIF member IFFCO, a fertilizer cooperative, has been working with farmers to ensure they are equipped with what they need to continue working safely through their ‘Break the Corona chain’ campaign. The campaign is designed to educate farmers about virus transmission, equip them with masks […]

More than 10% of Länsförsäkringar investments now in sustainable bonds

During the first quarter of 2020, Swedish ICMIF member Länsförsäkringar increased its investments in green, social and other sustainable bonds by SEK 3 billion (USD 310 million). Currently, more than 10% of the managed capital in Länsförsäkringar’s portfolio is now invested in sustainability-oriented bonds. “The share of investments in green, social and other sustainable bonds seems, in […]

NFU Mutual responds to escalating isolation crisis in UK with financial support

A recent survey by ICMIF member, NFU Mutual (UK), highlights that nearly three quarters of respondents from their membership are feeling isolated since the UK lockdown. It has therefore donated GBP 739,000 via its charitable trust, across several national charities, specifically reaching out to the isolated and vulnerable throughout the UK. This donation is part of an […]

Seguros Unimed introduces measures to help members facing the coronavirus pandemic in Brazil

ICMIF member Seguros Unimed is the largest doctors’ cooperative in the world and one of the three largest health insurers in Brazil and the organisation says it working to transform the future with increased healthcare services and financial coverage.    Facing the current coronavirus pandemic, Unimed Seguros has followed the guidelines given by the Brazilian health authorities […]

Seguros Futuro introduces Covid-19 emergency economic relief strategies to help policyholders

In the face of the COVID-19 emergency in El Salvador, local ICMIF member Seguros Futuro is working to help member policyholders who may be experiencing financial difficulties. The organisation is doing this through economic measures which benefit the insured population by ensuring they keep their cover. This means that there is a loss of premium income for […]

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