Latest news from the sector

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

ICMIF 5-5-5 Mutual Microinsurance Strategy provides policyholders with safety net against poverty

Launched in June 2016, the ICMIF 5-5-5 Mutual Microinsurance Strategy (the “5-5-5”) aims to insure 5 million lives in five countries (Colombia, India, Kenya, the Philippines and Sri Lanka) over a period of five years. Latest data from ICMIF shows that since the 5-5-5 commenced, 1.7 million previously uninsured poor and vulnerable people have been provided with […]

Prevención Salud in Argentina launches three health and prevention programmes for members

Prevención Salud is the prepaid medicine company of ICMIF member Sancor Seguros (Argentina). The organisation was created by Sancor Seguros to as a way to take care of its members and improve their quality of life through the provision of comprehensive prevention services to member-policyholders of the Group. Prevención Salud offers its services throughout Argentina with a wide […]

Recent CMC study highlights the positive economic impact of the cooperative sector in Canada

Earlier this year ICMIF was asked by Co-operatives and Mutuals Canada (CMC) to provide data on the performance of the Canadian cooperative/mutual insurance sector to contribute to a report being published about the Canadian cooperative sector. At the Co-operatives and Mutuals Canada (CMC) National Congress 2019 in June, Scott Banda, Chief Executive officer of Federated Co-operatives Limited […]

Cornish Mutual named Chartered Insurer for seven consecutive years

ICMIF member Cornish Mutual (UK) has been named a Chartered Insurer for the seventh consecutive year. The general insurer is the UK’s only mutual insurance company to hold the accolade, which is awarded by the Chartered Insurance Institute (CII) to represent the highest standards in the insurance sector. There are more than 900 general insurance […]

LocalTapiola is developing a new app which can examine members health using facial imaging

Just take a “selfie” using your phone and an app can tell the fat percentage of your body weight. That is the future of healthcare says ICMIF member LocalTapiola. ICMIF member LocalTapiola (Finland), in collaboration with a number of project partners, is investigating an image analysis solution which utilises new artificial intelligence capabilities and its potential use […]

ICMIF member Seguros Futuro celebrates its 25th anniversary

ICMIF member Seguros Futuro (El Salvador) has recently celebrated the company’s 25th anniversary. The organisation was created on 17 July of 1994, with the mission of providing social security protection to the people of El Salvador, particularly those who had no access to insurance services or those who believed that insurance was onerous or only […]

ICMIF SVP to give keynote presentation at 2nd Mutual Insurance Conference

The second edition of the Mutual Insurance Conference (MIC) takes place in Croatia on 19 September 2019, to explore the development potential and challenges for mutual insurers and Central and Eastern European countries. Under the theme “CEE countries – a new market boost?“, the MIC brings together mutual insurance practitioners, academics, trade union leaders and […]

LB Insurance looks to turbocharge its innovation programme with a new international partner

LB Insurance (LB Forsikring) has entered into a new and exciting collaboration with an Insurtech Venture Capital Fund. The aim is for the collaboration to help create new innovative products, solutions and services for the benefit of the members. LB Insurance is planning to turbocharge its innovation work through a new partnership Fin TLV, an international […]

Achmea partners with HEMA to offer the new “Homies” social alarm system

The new “Homies” social alarm system was launched in the Netherlands earlier this month through a partnership between Dutch ICMIF member Achmea and HEMA stores (a Dutch value chain of shops with a flair for colourful designs). This is the start of a comprehensive alliance between HEMA and Achmea to enhance their customers’ security with an affordable […]

Japan’s Zenrosai has rebranded as “Kokumin Kyosai co-op” to become a more approachable organisation

Zenrosai, an ICMIF member in Japan, has recently rebranded itself as “Kokumin Kyosai co-op”. The organisation made the change on 1 June 2019 and says that the new brand name was developed in order to become a friendly and approachable organisation to many more people in Japan. Zenrosai, a consumer cooperative established in September 1957, […]

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