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 […]
It has been announced this week that the Gallagher Research Centre (GRC), which was launched last year by ICMIF Supporting Member Gallagher Re, is partnering with Tohoku University (Japan) to improve the understanding and quantitative assessment of tsunami risk. Through this partnership, both the GRC and the university’s International Research Institute of Disaster Sciences (IRIDeS) […]
French ICMIF member MAIF has historically been committed to the use of used car parts for the repairs of its members’ vehicles and now it is deploying its own online platform for reused parts. As early as 2010, MAIF was involved in the reuse sector for car repairs in Poitou-Charentes, before deploying this process nationwide […]
Canadian ICMIF member Co-operators has been recognised by Corporate Knights for its commitment to building a resilient and sustainable society in Canada and around the world. In the latest annual Corporate Knights Best 50 Corporate Citizens ranking, Co-operators is ranked as the top insurer globally, the top financial institution in Canada and sixth overall. This […]
This month, ICMIF member Sandbox Mutual Insurance (Canada) has introduced a new product line known as FarmSecure, announcing that it has expanded its farm products to include three protection bundles and three boxes. Sandbox Mutual Insurance says the concept of the protection bundles and “boxes” through the FarmSecure product range is a new comprehensive way […]
Emerging Asia is expected to be the main contributor to global economic growth in the coming years, according to Swiss Re Institute’s latest sigma report. With the reopening of China’s economy this year leading to a recovery in demand, ICMIF Supporting Member Swiss Re forecasts emerging Asia to grow by 5.4% in 2023/24. Inflation remains […]
Alejandro Simón, CEO of ICMIF member Grupo Sancor Seguros (Argentina) has been recognised as business leader of the year by the Argentinian Association of Business Leaders (ADE, Asociación Dirigentes de Empresas). Simón is also Vice-Chair of the ICMIF Board of Directors. This prestigious award is granted annually to those leaders who stand out in Argentina, […]