Latest news from the sector

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

Shelter Life Insurance Company ranks in the “Top 50” in the US

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 Benenden Health team-up to donate life-saving defibrillators to many communities in desperate need

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 […]

Peak Re named Asian Reinsurer of the Year – Gold at Insurance Asia Awards

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 […]

ICMIF publishes its 2023 ranking of the world’s 500 largest mutual and cooperative insurers: The Global 500

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 […]

Gore Mutual partners with EcoClaim to reduce environmental impact and provide quicker, more affordable claims settlements

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 […]

Duuo by Co-operators launches embedded insurance platform

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 […]

NFU Mutual supports new video for farmers to help save lives from sepsis

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 […]

Gallagher Research Centre announces partnership with Tohoku University in Japan to improve understanding of tsunami risk

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) […]

MAIF deploys its own reused automotive parts platform for vehicle repair claims

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 […]

Co-operators ranked top insurer globally for sustainability

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 […]

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