ICMIF member NFU Mutual (UK) is helping dairy farmers adapt to climate change by trialling a new type of parametric insurance which pays out in the event of increased hot weather which can cause heat stress in cattle which, in turn, can lead to reduced milk production. The new cover operates on an index-driven model, […]
The RUS Accelerator is promoted by ICMIF member Río Uruguay Seguros (RUS, Argentina), Digital Insurance LatAm and the Insurtech Community Hub in order to contribute to the development of startups and insurtechs in Latin America and Europe that offer innovative solutions for the insurance market. This year’s call for proposals has the support of the […]
Italian ICMIF member, the Unipol Group, and UnipolSai Assicurazioni Spa, are working hard to support the victims of the floods last week in the Emilia Romagna region of Italy. UnipolSai has launched a structured and integrated plan of interventions to try to help people affected by the recent floods that occurred in Emilia Romagna, with […]
ICMIF member LocalTapiola Life (Finland) has made a donation of EUR 50,000 to the Finnish Paralympic Committee’s fundraising programme which helps children and young people with special needs to take part in sports and hobby activities. The sum will be allocated to the Paralympic Committee’s “Valtti” programme, which provides support people who accompany children and young […]
With the launch of its Integrated Annual Report, Purpose built for a better future, this month, Canadian ICMIF member Co-operators reported a 2022 net income after tax of CAD 309 million, and a return on members’ equity of 8.5%, a strong financial performance by the insurer and financial services cooperative in a year marked by […]
Experts at Clusit, the Italian association for Cyber Security, have confirmed in a recent report that “there has been a real epochal change in the global levels of cyber-insecurity and increase in the numbers, severity and quality of cyber-attacks” in the last four years. Italy has been confirmed as one of the most affected countries […]
When reporting its annual figures for 2022, ICMIF member Onderlinge ´s-Gravenhage (Netherlands) reported that total premium income for the insurer had increased by 3% from EUR 114 million to EUR 117 million. This produced a profit after tax of EUR 14 million (2021: EUR 31 million which has led to OG making EUR 5 million […]
The IMA Group (Inter Mutuelles Assistance) has selected a technological solution from idGarages.com to offer its shareholders and their members a platform for comparing car repair quotes and putting them in touch with garages. French mutual Macif is the first insurer to benefit through its Macif Service Entretien Auto portal. Keen to meet the challenges […]
ICMIF member Seguros Unimed (Brazil), the insurance and financial arm of the Unimed System (the largest medical cooperative system in the world), has been investing heavily in the use of Amazon Web Services (AWS) cloud tools for the storage, processing and availability of data using data lakehouse architecture. The goal, in addition to reducing costs […]
Swedish ICMIF member Folksam has once again been recognised as the best in the finance and insurance industry in Sweden for equal working conditions. This was confirmed by Nyckeltalsinstitutet AB‘s Gender Equality Index (Jämix) which was presented in the last few days. The Jämix index measures gender equality among employers based on nine key measures […]