Members of the Association of Financial Mutuals (AFM) continue to build on their growth in the UK income protection market, according to a recent statement, adding more policies and paying out more claims than ever before. In 2024, AFM members paid more than GBP 91.5 million in income protection benefits to their members, a significant […]
ICMIF member IBISA (Luxembourg) has joined forces with Ensuro and One Acre Fund to deliver a blockchain-based parametric insurance solution for smallholder farmers in Kenya. This initiative fills a major gap in agricultural risk management by offering affordable drought protection during the critical long rain season. Kenyan farmers often face inadequate insurance options, usually tied […]
In a strong show of environmental leadership, Canadian ICMIF member Beneva marked Earth Day 2025 by reaffirming its commitment to a sustainable future—and followed that announcement with the release of its 2024 Impact Report on 24 April, offering tangible evidence of its progress. The Canadian insurance mutual used the annual Earth Day environmental milestone to […]
Bolstering its commitment to being a responsible business, ICMIF member Shepherds Friendly announced recently that it is now a Living Pension Employer. An early adopter of this important initiative, Shepherds Friendly says it is only the third mutual to gain certification, with 86 other businesses and organisations currently signed up across the UK. What is […]
Canadian ICMIF members Gore Mutual and Co-operators are both supporters of The ICMIF Foundation and employees of both organisations were recently invited to attend a joint learning session on “From local to global: how cooperatives and mutuals are using innovation to build community resilience” to hear about how and why they have partnered with the […]
ICMIF member Ecclesiastical Insurance (UK) is to lend its specialist risk management expertise to support the National Emergencies Trust’s Appeal Partners Programme. Specialist insurer Ecclesiastical recently announced it had joined the National Emergencies Trust (NET) Appeal Partners Programme. The partnership strengthens the charity’s mission to provide fast, effective support to those affected by national emergencies, […]
The cooperative insurer and ICMIF member P&V Group (Belgium) and the Liberty Rider safety app for motorcyclists are celebrating five years of cooperation. In that time, four lives were saved and more than eight million kilometres ridden by motorbike riders have been made safer thanks to the use of the app. A successful collaboration The […]
Swedish ICMIF member Afa Försäkring has announced almost SEK 30 million in funding for eight new research projects looking at the work environment and its effect on people’s health. Projects include: challenges in working life linked to camera, sustainable teaching work in socio-economically vulnerable areas and sustainable work environments for hearing loss. Ulrika Hektor, Head […]
Earlier this month, Canadian ICMIF member Co-operators convened its Annual General Meeting (AGM) in Toronto from 2- 4 April, bringing together members and representatives from across Canada to discuss the organisation’s strategic direction and achievements of the past year. Co-operators 80th anniversary milestone and the United Nations’ designation of 2025 as the International Year of […]
Earlier this month, ICMIF member British Friendly (UK) announced its Income Protection claims data for 2024 with a key highlight being the total of claims paid to members which reached over GBP 5 million. British Friendly said 86% of all Income Protection claims were paid and 94% of all claims over the last 20 years […]