ICMIF member OneFamily, a UK-based friendly society, is to use teen-friendly tech to make life easier for its 1.6 million child trust fund account holders, as their accounts mature from September this year. OneFamily holds around a quarter of the UK’s child trust funds. It will be working with digital identity platform Yoti to manage the secure identification of […]
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Despite India being in lockdown for almost for two months now, ICMIF member IFFCO, a fertilizer cooperative, has been working with farmers to ensure they are equipped with what they need to continue working safely through their ‘Break the Corona chain’ campaign. The campaign is designed to educate farmers about virus transmission, equip them with masks […]
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During the first quarter of 2020, Swedish ICMIF member Länsförsäkringar increased its investments in green, social and other sustainable bonds by SEK 3 billion (USD 310 million). Currently, more than 10% of the managed capital in Länsförsäkringar’s portfolio is now invested in sustainability-oriented bonds. “The share of investments in green, social and other sustainable bonds seems, in […]
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A recent survey by ICMIF member, NFU Mutual (UK), highlights that nearly three quarters of respondents from their membership are feeling isolated since the UK lockdown. It has therefore donated GBP 739,000 via its charitable trust, across several national charities, specifically reaching out to the isolated and vulnerable throughout the UK. This donation is part of an […]
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ICMIF member Seguros Unimed is the largest doctors’ cooperative in the world and one of the three largest health insurers in Brazil and the organisation says it working to transform the future with increased healthcare services and financial coverage.   Facing the current coronavirus pandemic, Unimed Seguros has followed the guidelines given by the Brazilian health authorities […]
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In the face of the COVID-19 emergency in El Salvador, local ICMIF member Seguros Futuro is working to help member policyholders who may be experiencing financial difficulties. The organisation is doing this through economic measures which benefit the insured population by ensuring they keep their cover. This means that there is a loss of premium income for […]
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The reputation of ICMIF member Achmea in the Netherlands has greatly improved in the past year according to a ranking published earlier this month by the reputation tracking organisation RepTrak. In the list, Achmea has risen from 27th place to 16th place, which is the greatest increase in position in the ranking of the top 30 of largest […]
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ICMIF member Kyosuiren (Japan) is the sole national federation that provides Kyosai (the name for cooperative insurance in Japan) services for members of over one thousand local Japan Fisheries Cooperatives (JFs) who are working in the fishery sector in Japan, a country that is surrounded by the sea and one of the major fishing countries in the […]
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Last week, ICMIF member Folksam (Sweden) invested SEK 2.5 billion (USD 260 million) in a green bond issued by Kommuninvest. This brings the total amount invested in Green Bonds by Folksam Group to SEK 30 billion (USD 3.1 billion), making it one of the leading insurers in terms of green bond investments. “Society is in the midst of a […]
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ICMIF member, EMC Insurance Companies (USA) has been named 2020 innovationLEADER of the Year by innovationIOWA Magazine in recognition of the originality, leadership and impact of their innovative culture and processes. EMC President and CEO, Scott Jean said: “Innovation is one of our five core values – values that drive EMC Insurance Companies to realise our mission and vision. […]
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