At the end of last year, Australian ICMIF member The Business Council of Co-operatives and Mutuals (BCCM) launched two new reports on the competitive advantage of the Australian cooperative and mutual sector. A new report, Leading the Resilience, provides insight into how cooperative and mutual enterprises in Australia have responded to the turbulence caused by […]
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Canada’s small businesses are the backbone of the country’s local communities and as such will play a key role in driving economic recovery once the pandemic ends. But many have been hit hard and need support to adapt to the current provincial lockdowns and other restrictions and to rebuild for the future. That’s why Canadian […]
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ICMIF member The Commonwell Mutual Insurance Group has partnered with fellow Canadian mutual insurer Red River Mutual to create a new joint venture, focused on advancing innovation and digital responsiveness around agri-business and related risks through a new Managing General Agent (MGA) structure. Unrestricted by existing products and business, this new MGA will assist The […]
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In these challenging times brought on by the Covid-19 pandemic, microinsurance has become an important lifeline for Filipinos with low income and limited access to mainstream insurance services according to ICMIF member The Microinsurance MBA Association of the Philippines (MiMAP), also known as RIMANSI. Microinsurance has come a long way in the Philippines, from a […]
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Last month, ICMIF member Co-op Insurance (UK) announced that it had teamed up with pay-by-mile car insurance provider By Miles to deliver further choice and value to its members and customers. Available direct through Co-op Insurance’s website, motorists who drive lower mileages are now able to take advantage of the new offering. Rather than paying […]
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Earlier this month, Dutch ICMIF member Achmea announced it was once again sharpening its investment policy as of 1 January 2021 and that investments in polluting and CO2-intensive companies will be further reduced. From now on, Achmea says it will exclude companies which derive more than 5% of their revenues from coal, extraction of oil […]
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Reporting a total turnover of over two trillion USD and focus on cooperative response to the Covid-19 crisis and contribution to United Nations Sustainable Development Goal (SDG) 13 (Climate Action). The International Cooperative Alliance (ICA) and the European Research Institute on Cooperative and Social Enterprises (Euricse) launched today the 2020 edition of the World Cooperative […]
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1 in 5 (19%) in Britain admit the wider societal/financial impact of the Covid-19 pandemic has encouraged them to take better care of their health/lifestyle 8 in 10 British people (84%) believe individuals have a “responsibility to take better care of their health” to support the National Health Service (NHS) in 2021 Employee health and […]
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Over the past year, 22 leading insurers and reinsurers have collaborated under the auspices of UN Environment Programme’s Principles for Sustainable Insurance Initiative (PSI) to pilot state-of-the-art approaches—particularly the use of climate change scenarios—to better assess climate-related physical, transition and litigation risks in the insurance business. Four ICMIF members were part of this pioneering collaborative […]
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Specialist insurer and ICMIF member Ecclesiastical Insurance (UK) has published its second Charity Risk Barometer which identifies risks facing the UK’s charity sector – and the findings show brokers have a role to play in supporting charity customers. Key findings include: Loss of funding remains single biggest threat to charities Impact of COVID-19 means surviving […]
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