Nexus Mutual has announced a strategic partnership with InShare, a specialist in alternative risk transfer and mutuals. InShare, acting as a representative for ICMIF member The Retail Mutual, is working with Nexus Mutual to expand capacity and cover the 5,000+ small independent business owners in the UK that are the members of The Retail Mutual. […]
As the 2023/2024 German Bundesliga wheelchair basketball season starts up, the logo of ICMIF member R+V Versicherung will be on the jerseys of Wiesbaden’s wheelchair basketball players, the Rhine River Rhinos, who play in the 1st Bundesliga. The cooperation between the cooperative insurer and the basketball team will initially run for two years. R+V Versicherung […]
Earlier this fiscal year, Japanese ICMIF member, Zenkyoren (National Mutual Insurance Federation of Agricultural Cooperatives, President: Fumio Yanai), announced that, in light of the trends in the catastrophe (cat) bond market, it had issued the first Cat Bond “Nakama 2023-1” that incorporates information disclosure regarding the Sustainable Development Goals (SDGs) and ESG investment initiatives of […]
Last month, ICMIF member Shelter Life Insurance Company, part of ICMIF member Shelter Insurance (USA) was recognised as one of the top-performing life insurance companies in the United States. The “Ward’s 50” list was announced by the Ward Group, an operational consulting firm and leading provider of benchmarking and best practices services to the insurance industry. […]
Benenden Charitable Trust and ICMIF member Benenden Health have partnered to donate 82 Automated External Defibrillators (AEDs) to communities across England. The Charitable Trust enlisted the support of its parent company, Benenden Health, after it received a high number of applications from Benenden Health members for the life-saving equipment, as part of a wider campaign […]
ICMIF Supporting Member Peak Re has been named “Asian Reinsurer of the Year – Gold” at the Insurance Asia Awards 2023. Peak Re says the award is testament of its achievements over the past decade and a recognition of the company’s contribution to developing the insurance and reinsurance industry in the Asia-Pacific region. Notably, Peak […]
The 500 largest mutual and cooperative insurance companies in the world, in terms of premium income, have once again been ranked by the International Cooperative and Mutual Insurance Federation (ICMIF) in the 2023 edition of its Global 500 report. ICMIF member organisations represent 78 of the Global 500 companies in this year’s report, compared to […]
ICMIF member Gore Mutual says it is the first insurer in Canada to require their restoration contractors to obtain EcoClaim® certification, which provides unique training in the industry by focusing on repairing, rather than replacing, materials. “By utilising restoration contractors who are EcoClaim certified, we will achieve quicker claims settlements, more affordable settlements, and reduced […]
Last month, Duuo by Co-operators announced the launch of its first embedded insurance API for partners. This advanced integration is designed for Canadian businesses looking to enhance their customer experience by embedding the insurance purchase journey directly into their website, app, or platform. Duuo Event Insurance will be the first product launched in this new […]
A new video raising awareness of sepsis and its symptoms among farming and rural communities has recently been launched by ICMIF member NFU Mutual (UK) and The UK Sepsis Trust (UKST). The video forms part of the GBP 70,000 donated to UKST by the NFU Mutual Charitable Trust in 2022 to support the charity’s work […]