Latest news from the sector

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

More than 25% of damaged car bumpers are repaired instead of replaced by LB Forsikring

In 2020 alone, as many as 28.2% of the damaged bumpers on cars belonging to member policyholders of ICMIF member LB Forsikring were repaired instead of being thrown out. This saved 13.7 tonnes of plastic last year by not using new bumpers and simply repairing the damaged ones instead. For many years, damage to car […]

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ICMIF members’ Covid-19 initiatives provide inspirational learning for Japanese members’ study session

The efforts of ICMIF members in response to the spread of the COVID-19 pandemic since 2020 have proved to be a source of great inspiration to a number of ICMIF member organisations in Japan for the way in which the various initiatives have highlighted the characteristics of mutuals and cooperatives as being organisations which typically […]

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Driving sustainably: HUK-COBURG expands telematics offering to include incentives for being environmentally conscious

With immediate effect, ICMIF member HUK-COBURG (Germany) is showing its telematics customers how environmentally aware their driving style is through its “Mein Auto” (My Car) app. The new “Eco Drive” feature evaluates sustainable driving behaviour based on speed, acceleration and route characteristics. A particularly environmentally friendly driving style is rewarded with points, which at the […]

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Afa Försäkring funds research into the role of managers and mental illness in the workplace

According to the Work Environment Act in Sweden, employers and managers are responsible for the health and safety of employees and for preventing sick leave. Although mental illness is the most common cause of sick leave, there is a lack of knowledge about how well-equipped managers are to support employees with mental health problems. In […]

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Ecclesiastical in UK’s top four for charitable giving

ICMIF member Ecclesiastical Insurance Group (UK) has been named the fourth biggest corporate giver to charity in The Guide to UK Company Giving. The specialist insurer finished higher in the rankings than corporate giants such as Marks and Spencer Group and Vodafone Group and was the top insurance company in the 13th edition of the […]

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Simplyhealth launches SimplyVolunteer to provide volunteering opportunities for employees

UK-based ICMIF member Simplyhealth has launched SimplyVolunteer, an internal platform for all its employees to explore and sign up to volunteering opportunities across the UK. The platform is provided and developed by Do-it.org, the nation’s first and largest digital volunteer matching site, enabling all employees at Simplyhealth to take part in volunteering activities, increase skills, […]

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The Commonwell recognised for creating a collaborative, inclusive culture

ICMIF member The Commonwell Mutual has again been named as a Best Workplaces™ in Canada by Great Place to Work®, recognising companies that have a high-trust, high-performing workplace culture. The Ontario-based mutual insurer was ranked as number 35 in the 2021 list of Best Workplaces™ in Canada with 100-999 employees. It was also recognised as […]

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Univé Insurance to offer cyber protection to over 1 million policyholders in partnership with Sontiq® Cyberscout

In the face of rising cyber threats, Sontiq’s Cyberscout® insurance services are now providing comprehensive and differential support to personal and small business insurance providers including, as announced this week, ICMIF member Univé, a large cooperative insurer in the Netherlands. Sontiq and Univé have partnered to provide 1.1 million Univé members with immediate access to […]

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Vaudoise to distribute CHF 40 million of profits to its policyholders

In line with its mutualist strategy, ICMIF member Vaudoise Assurances (Switzerland) pays out part of its profits in the form of rebates to its policyholders. Based on its positive financial results in 2020, the company announced a profit sharing of CHF 40 million with non-life policyholders, corresponding to a 20% premium rebate for liability and […]

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Peak Insights 2021: Asia demographic trends: elders and millennials

The latest edition of Peak Insights “Asia demographic trends: elders and millennials” from Clarence Wong, Chief Economist at ICMIF Supporting Member Peak Re, focuses on Asia’s ageing population and the implications they see arising from the slowdown in population growth, and the simultaneous ascension of the millennials who Peak Re believes will add to the […]

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