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 […]
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 […]
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 […]
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, […]
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 […]
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. […]
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 […]
The A4S Academy, offered by ICMIF’s partner organisation Accounting for Sustainability (A4S), is an 18 month online learning and implementation programme for senior finance leaders to enable them to embed sustainability. The programme empowers and equips finance teams with the skills needed for their businesses to succeed in the face of environmental and social risks […]
During 2023, the claims team at ICMIF member Ecclesiastical Insurance (UK) detected over 230 cases of fraudulent activity. This included: cases of claims submitted for alleged slips, trips and falls on premises ranging from hotels, educational settings and heritage properties, which were proven false following investigation. Last year brought record levels of fraudulent claims, exceeding […]
Japanese ICMIF members Kokumin Kyosai co-op and CO-OP Kyosai are cooperatives which were established under the Consumer Cooperative Act, approved by the Ministry of Health, Labour and Welfare, and engaged in cooperative insurance operations, working together to address community challenges towards safe and affluent society. Kokumin Kyosai co-op offers automobile insurance, known as My Car […]