Swedish ICMIF member Folksam and cooperative property management company Riksbyggen have initiated a new collaboration that enables Riksbyggen’s priority customers to sign up for affordable, safe and long-term home savings through Folksam. Through the Folksam “Bospar” product offering, Riksbyggen’s customers can now sign up for savings digitally. Whether people want to save for themselves or […]
Read More
The city of Burgdorf in Switzerland has received a mobile flood protection system from Swiss ICMIF member La Mobilière. This complements the existing resources of the Burgdorf fire brigade which can now use the system flexibly in the region to protect buildings at risk. The severe floods in 2005 and 2007 revealed weak points along […]
Read More
UK ICMIF member, the Association of Financial Mutuals (AFM), has reported that its members that offer income protection products paid out GBP 52 million in claims in 2022, to over 9,000 customers. This compares to GBP 34 million in claims in 2021. Much of the increase reflects the fact that LV= has since joined AFM […]
Read More
ICMIF’s latest member, investment, protection and retirement specialist LV= (UK), paid individual protection claims totalling GBP 127m during 2022. LV= supported more than 8,000 claimants and their families paying 95% of all individual protection claims including life, critical illness and income protection. About the claims LV= paid out more than GBP 28m in Critical Illness […]
Read More
Benefact Group, which owns UK-based ICMIF member Ecclesiastical Insurance, has launched its first electric car scheme as part of its ambitious plans to reduce its carbon emissions and reach net zero by 2040. The salary sacrifice scheme allows colleagues to lease an electric car of their choice, helping to reduce their carbon emissions. To help […]
Read More
ICMIF member Thrivent (USA), announced this week it has crossed a significant generosity milestone, successfully raising USD 1 billion in funds for communities across the country through one million client-led volunteer teams, also known as Thrivent Action Teams. Over 90 million hours of community service have been contributed since the programme commenced. Thrivent Action Teams […]
Read More
Yesterday, 18 April 2023, the United Nations adopted the first-ever Resolution on promoting the social and solidarity economy for sustainable development during its General Assembly. The resolution includes a definition of the social and solidarity economy (SSE) as “enterprises, organisations and other entities engaged in economic, social and environmental activities which serve the collective and/or […]
Read More
Canadian ICMIF member Beneva, along with SSQ and La Capitale mutuals, has announced a pledge of a yearly amount of CAD 300,000 for 2023 and 2024 to SOCODEVI. In addition to supporting SOCODEVI’s mission, which is to concretely and sustainably improve living conditions in developing nations, Beneva says its aim is for this money to […]
Read More
ICMIF member African Risk Capacity Limited (ARC Ltd, South Africa) has appointed one of ICMIF’s Supporting Members, Gallagher Re, the global reinsurance broking and advisory firm, as its reinsurance broker and risk advisor. ARC Ltd is a specialist insurance company which provides parametric insurance cover to African countries against climate and disaster risk. Speaking about […]
Read More
Sustainable action is a matter of course for German ICMIF member R+V Versicherung. The cooperative insurer has announced this week that it has joined the Net-Zero Asset Owner Alliance – a global alliance of the some of the largest pension funds and insurers which are committed to a climate-neutral investment policy. R+V says its responsible […]
Read More