Latest news from the sector

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

Japanese Young Leader shares his experiences of the AOA Young Leader Programme

In September 2023, the ICMIF Asia and Oceania Association (AOA) held its biennial AOA Seminar in Sydney (Australia). The event saw individuals from ICMIF member organisations gather to share perspectives on topics including creating an attractive workplace, member experience, digital transformation and adapting to climate change. The Young Leaders Programme (YLP) at the seminar was […]

Zenkyoren announces the conclusion of an “Agriculture-Welfare Collaboration” between JA Kyosai Research Institute and Japan Agriculture-Welfare Collaboration Association

ICMIF members Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives; President: Fumio Yanai) and the JA Kyosai Research Institute (President: Kaoru Yoshimura) in conjunction with the Japan Agriculture-Welfare Collaboration Association (Chairman: Yoshitsugu Minagawa) concluded a Comprehensive Partnership Agreement on 1 April 2023 with the aim of implementing support initiatives for sustainable regional and agricultural development […]

NFU Mutual urges homeowners to make their properties more resilient to flood

As flood damage from Storm Henk reported to ICMIF member NFU Mutual (UK) nears GBP 10 million and heavy rain continues to impact the UK, the mutual insurer’s Head of Property Claims is urging homeowners to make their properties more resilient to future flooding, saying recent flood damage could be an opportunity to make homes […]

Co-operators acquires Carson Dunlop to help embed resilience for homeowners though home services offering

Canadian ICMIF member, Co-operators, has announced the acquisition of Carson Dunlop & Associates Ltd, a North American home inspection service and consulting firm. This acquisition marks Co-operators first entry into the home services market, an area which the company has targeted as part of its growth strategy. This move is intended to support Co-operators’ corporate […]

New ICMIF Brand and Marketing Forum launches with topic of marketing mutuality as the focus of the first session

ICMIF has launched a new initiative to allow its members to discuss and share practical examples of successful marketing and brand strategy best-practice. The new ICMIF Brand and Marketing Forum will include presentations of leading case study examples from ICMIF’s global network of mutual and cooperative insurers. These case studies will look at how member […]

Folksam and grocery chain Coop announce strategic collaboration for increased security through new insurance offers

ICMIF member Folksam and Coop, one of Sweden’s largest grocery chains, have recently signed an agreement that aims to contribute to increased security through insurance offerings for people in Sweden in combination with reducing food costs. The agreement means that Folksam will eventually be part of Coop’s membership programme, where members will be offered an […]

New ‘Hub C’ initiative from WOCCU allows credit unions to test digital innovations

ICMIF member, World Council of Credit Unions (WOCCU) has launched a new initiative that allows credit unions in emerging markets to test innovative digital products and solutions that could benefit members and attract new customers. WOCCU says this is the boldest step put forth yet to achieve its Challenge 2025 goals. Introduced in Latin America, […]

ARC Ltd. and US Government partner to safeguard food security and expand parametric insurance in Africa

South African ICMIF member African Risk Capacity Limited (ARC Ltd.) and the United States Government (USG) have announced a landmark USD 11.7 million partnership to safeguard food security and strengthen climate resilience in Africa by increasing access to parametric insurance. The project aims to protect vulnerable smallholder farmers facing increasing climate change-related disasters while assisting […]

Innovative fintech start-up, Coop Exchange, achieves a GBP 10 million valuation in pre-seed funding round led by Co-operators

In a significant stride towards reshaping the economic landscape, Coop Exchange, a visionary fintech platform, has today announced the successful completion of its pre-seed funding round. This significant milestone underscores Coop Exchange’s potential as a major disruptor in cooperative and sustainable finance as evidenced by its impressive GBP 10 million valuation at this early stage. […]

Länsförsäkringar launches new advertising campaign “For all time” to increase awareness of full range of products

Earlier this year, Swedish ICMIF member Länsförsäkringar launched a new marketing campaign known as All the Promises of Life. This is a new campaign under the brand concept For all time. “The aim is to increase awareness for us as a security provider in general. We are not only an insurance company, but also a […]

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