On Cashback Day 2024, 5 March, German ICMIF member R+V Versicherung paid out a total of around EUR 16 million in contributions for 2023 (2023: EUR 13 million paid). The cooperative insurer said that was thanks to minor levels of claims and it meant 550,000 customers were rewarded with cashback for favourable claims history. R+V […]
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ICMIF member IPB Insurance has shared the significant results of the Social Enterprise Development (SED) Fund, a collaboration between the mutual’s local authority members and Rethink Ireland*, in an Impact Report for the Fund published by the two organisations. According to the Impact Report, a total investment of EUR 4.4 million by IPB Insurance and […]
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ICMIF member AVBOB (South Africa) has launched the broad benefits AVBOB Member Rewards programme as a way to share mutual value with its members. The rewards programme is free to all qualifying AVBOB members. Carl van der Riet, CEO of AVBOB explained that AVBOB Member Rewards is part of the Group’s continuous efforts to share […]
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Bringing an innovative approach as part of its commitment to sustainability, ICMIF member La Segunda Seguros (Argentina) has launched its first podcast on the largest music platform in the world: Spotify. As part of the cooperative insurer’s sustainability campaign, “Sustainable Generation”, this series of talks invites people to rethink their daily practices and explore ways […]
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According to the latest 1st View report from ICMIF Supporting Member Gallagher Re, as the 2023 financial year reporting season reached its conclusion, many companies reported some of the best reinsurance underwriting conditions in over 20 years. The report found that a radical redistribution of risk between primary and secondary markets in property catastrophe and […]
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ICMIF has announced the launch of the on-demand Mutual Leadership: Adapting to a Complex World course which is designed to help equip existing and emerging leaders at ICMIF members with the tools and mindsets to help their organisations adapt to a changing world. The course features engaging, online presentations that translate insights from behavioural economics […]
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ICMIF’s newest Supporting Member, Beazley, a leading specialty insurer, has recently announced the merger of its in house Cyber Services team with its wholly owned cyber security company Lodestone, creating an integrated cyber risk management company, Beazley Security. Beazley Security will be led by Alton Kizziah, currently CEO of Lodestone, he will report to Paul […]
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Canadian ICMIF member Co-operators has announced the launch of its Indigenous Youth Employability Initiative, a CAD 1 million commitment to support cultural safety, personal resilience, and employability of Indigenous youth at Co-operators, the broader co-operative sector, and beyond. The employability component is a core component of the company’s three-year reconciliation strategy that aligns the organisation’s […]
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Swedish ICMIF member Dina Försäkringar has announced it is strengthening its cyber insurance offering for business customers through a new strategic partnership with ICMIF Supporting Member CyberScout and Safestate, described as leading cyber protection providers. The collaboration aims to provide better support to customers in the event of cyber incidents, and therefore offer more comprehensive […]
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The Bunya Fund, Australia’s first cooperative development fund, has this month celebrated the success of the first two rounds of the programme with a cooperative showcase and the release of the Bunya Impact Report. The event brought together funders, Bunya participants and community leaders to recognise the fund’s achievements and its transformative impact on communities […]
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