Earlier this year, American ICMIF member SBLI (The Savings Bank Mutual Life Insurance Company of Massachusetts) announced it had partnered with global reinsurer Swiss Re, one of ICMIF’s Supporting Members, to empower its life underwriters with Swiss Re’s Underwriting Ease solution, a state-of-the-art digital tool that summarises key aspects of risks to underwriters, accelerating decisioning […]
On 22 January 2025, a soft launch meeting was held for the newly formed Cooperatives and Mutuals Leadership Circle (CM50), bringing together 35 cooperative and mutual leaders from across the globe, many from the ICMIF membership. This gathering marked the launch of a dedicated effort by the International Cooperative Alliance (ICA), with the support of […]
ICMIF member the Japan Cooperative Insurance Association Incorporated (JCIA) has recently published the English version of its 2024 Kyosai in Japan Fact Book. JCIA is a general incorporated association in Japan, which was established for the purpose of promoting coordination among member societies and contributing to the development of cooperatives and cooperative insurers. The main […]
After taking over as Chief Executive Officer of the International Cooperative and Mutual Insurance Federation (ICMIF) in November 2024 at the ICMIF Biennial Conference in Buenos Aires, Liz Green has named her new senior leadership team, saying: “As the new CEO of ICMIF, I am deeply honoured to lead our vibrant global membership network into an […]
Earlier this month, representatives from ICMIF member CIC Insurance Group (Kenya) and Cooperative Life Assurance Ltd, a subsidiary of CIC Insurance Group Malawi, participated in an exposure visit to another ICMIF member CARD MBA in the Philippines as part of the UNDP ICMIF Insurance Innovation Challenge (IIC). The programme provided delegates with the opportunity to […]
South African ICMIF member the Professional Provident Society (PPS) has launched glu, a new division designed to extend mutuality-driven benefits to a wider audience across South Africa. The new division will be live from 30 January 2025 and the aim is for glu to bring a fresh approach to financial security in South Africa, furthering […]
ICMIF member Cirencester Friendly has announced a new partnership with Medi2data, a service that allows medical records to be obtained for underwriting and claims purposes. Cirencester Friendly says the new partnership will streamline existing processes, allowing the Society to speed up underwriting and claims decisions where medical information is needed. This innovation has also facilitated […]
Dutch ICMIF member Achmea has today announced it will offer online insurance in Spain and Romania. In Spain, Achmea will operate under the brand name InShared and in Romania under the brand name Anytime, which is the platform of the Greek subsidiary Interamerican. Achmea says the direct-digital model, in which insurance is offered exclusively online, […]
Two Canadian ICMIF members have announced that they are to merge. Beneva—Canada’s largest mutual insurer – and Gore Mutual – one of the oldest property and casualty mutual insurers in Canada – have today announced their intention to combine their businesses to drive future growth. A joint announcement from the two organisations described this merger […]
Swedish ICMIF member Folksam has adopted new climate targets to reach net-zero emissions in its asset portfolios by 2050. One of the new targets is to reduce the CO2 footprint of equities, corporate bonds, alternative investments and real estate by 2030. Folksam said it has already fulfilled its previous climate sub-goals as of 1 January […]