Latest news from the sector

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

Seguros Unimed invests in data lakehouse with AWS technology to become a more data driven company

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 […]

Folksam once again recognised as the best in the finance and insurance industry for equal working conditions

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 […]

GF Forsikring keeps prices stable despite investment storms

According to the recently published 2022 annual report from Danish ICMIF member GF Forsikring, the mutual insurer managed to provide profit sharing and also avoid price increases for members. This was despite inflation and, not least said the insurer, large losses on investments. At the mutual insurer’s annual general meeting in Odense on Saturday 29 […]

EMC announces its 2022 charitable giving and community involvement impact

ICMIF member EMC Insurance Companies (USA) and the EMC Insurance Foundation have recently announced their charitable giving and community involvement impact for 2022. With last year’s contributions, the EMC Insurance Foundation’s charitable giving on record passed the USD 30 million mark since its establishment in 1989. Additionally, each year EMC Insurance Companies funds a number […]

Beneva announces net-zero commitments

Just before Earth Day 2023, Canadian ICMIF member Beneva announced its goal of reaching net-zero emissions for its operations and its investments by 2040 and in all areas by 2050. This decision formalises its ambition to fight climate change and demonstrates its commitment to transitioning to a clean, sustainable and greener economy. In particular, Beneva […]

Vaudoise Insurance announces 20% premium reduction for policyholders

ICMIF member Vaudoise Assurances (Switzerland) is the only independent private insurance company with a decision-making centre in French-speaking Switzerland. In line with its mutualist strategy, each year it pays out part of its profits by way of a premium rebates to its policyholders. For 2023-2024, it will redistribute CHF 43 million to its policyholders with […]

MAS receives Consumer NZ People’s Choice Award for seventh year in a row

ICMIF member MAS (New Zealand) has been awarded the Consumer NZ People’s Choice Award for its house, car, and contents insurance for the seventh year in a row. The awards are based on Consumer NZ’s customer satisfaction surveys, undertaken with their members and supporters. MAS was rated the top provider in the surveys with satisfaction […]

Gore Mutual launches new broker engagement and performance unit

ICMIF member Gore Mutual (Canada) has completely transformed its business in under three years through its “Next Horizon” strategy. By investing in top talent and leading technology, Gore says it has redefined what it means to be a modern mutual that’s sustainable and profitable – to ensure the business is here for the long-term. Now, […]

AVBOB receives top employer award for 2023

Last month, ICMIF member AVBOB (South Africa) announced it had received the 2023 Top Employers Institute award, as the best company to work for, for the sixth consecutive year. The mutual said this award bears testimony to the Group’s commitment to support employees at all levels of the organisation, with the specific objective of improving […]

MAIF recognised for the quality of its teleworking practices

French ICMIF member MAIF is the first French company to have been recognised for obtaining the highest level of WIWO (Work In, Work Out) label. Issued by Incitu, the label recognises companies whose teleworking practices combine respect for quality of life at work and the company’s performance. Tested, approved… and now labelled! In a changing […]

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