ICMIF member MAS (New Zealand) is launching a hardship fund for its members who are in financial difficulty due to the COVID-19 crisis, as well as making a return of premium savings on motor vehicle insurance, and issuing community grants through the MAS Foundation. These initiatives come in addition to measures MAS had already put in place, […]
ICMIF member MAIF (France) is using a platform created by the MAIF Prevention Association (l’association Prévention MAIF), Share Entraide, to help people during the pandemic who are isolated or unable to do their essential shopping and who need someone to help them with these tasks. The platform can also help people such as care workers […]
Member policyholders of Canadian ICMIF member The Co-operators who have seen the COVID-19 restrictions in place in Canada affect the amount that they drive, can now reduce their auto insurance premium with the organisation’s Reduced Driving Refund. With the Reduced Driving Refund, eligible Auto clients* will receive a minimum 10% refund on the premium they paid from […]
UK-based ICMIF member Simplyhealth is continuing its long-standing work to support communities in need, through the Covid-19 crisis, with charitable donations to local and national charities. The health cash plan and dental plan provider has made a significant donation to Diabetes UK to help support those affected by coronavirus and its associated health risks. Simplyhealth reinvests up to 10% […]
ICMIF member Sygeforsikringen “danmark” wants to give back to Denmark and contribute to the wellbeing of society. Based on an investment surplus, the mutual health insurer offers the opportunity to support healthcare projects that can benefit Danish society. Therefore, it has announced that it will make donations totaling DKK 100 million (USD 15 million) in 2020 to […]
To help brokers keep connected with their customers during the Covid-19 outbreak, UK-based ICMIF member Ecclesiastical has teamed up with Factor 3 (an integrated advertising, branding, design and digital agency) to produce a guide on how to use social media during these difficult times. This is the latest module in Ecclesiastical’s popular Social Club programme and it […]
ICMIF member AVBOB Mutual Assurance Society (South Africa) was born in the wake of a global pandemic – the 1918 Spanish Flu – in order to restore dignity to those taken by the outbreak. AVBOB says that same humane impulse remains at the heart of who they are today, a funeral service provider and insurer with […]
According to ICMIF Supporting Member Willis Re, COVID-19 has had a profound global effect on every societal and economic level imaginable. Willis Re said that whilst it is impossible to predict exactly how this “black swan” event will unfold over the short term, it will impact our industry in some permanent way(s) as stakeholders consider the lessons […]
While some insurers are reimbursing motor premiums to policyholders due to the coronavirus outbreak and people driving considerably less due to lockdown rules imposed on them, this activity is business as usual for some ICMIF members such as DEVK and HUK-COBURG (Germany) that regularly pay premiums back to members. Both organisations say they are monitoring […]
“It is when we are faced with the most challenging of circumstances that the need for a more cooperative world is highlighted, and mutual and cooperative organisations are seen to make a difference in terms of the social value they are capable of creating,” says Alberto Grimaldi, CEO of Argentinian ICMIF member the La Segunda Insurance […]