As the COVID-19 crisis continues to play a defining role in the lives of millions of people across the world, Swiss Re’s SONAR 2021: New Emerging Risks Insights identifies the threats that Swiss Re believes will shape the future post-COVID-19 risk landscape. These emerging risks range from the unintended consequences of government interventions through to […]
Argentinian ICMIF member Sancor Seguros has launched a corporate venture capital fund to invest in insurtech, fintech and healthtech in Latin America. The new venture fund, Sancor Seguros Ventures, will invest USD 10 million in tickets of up to USD 500,000 in a portfolio of 12 startups, mainly in Latin America, covering global needs that […]
In his closing remarks to the Insurance Development Forum (IDF) Summit, which was held on Monday 7 and Tuesday 8 June 2021, UN Secretary-General António Guterres told participants: “We are in a race against time to adapt to a rapidly changing climate. Today, we are at 1.2°C of warming and already witnessing unprecedented climate extremes […]
ICMIF member NFU Mutual (UK) has launched a partnership offering its small business insurance customers 12 months free access to social media expertise and management tools to help businesses connect with their communities. The free service is part of NFU Mutual’s wider package of support for customers and communities during the pandemic, and follows research […]
The Group of Seven (G7) countries backed moves this weekend to force companies, including insurers, to disclose their exposure to climate-related risks, a measure considered vital to efforts to safeguard the financial system from climate change shocks. The meeting of the G7 finance ministers in London (UK) also called for greater coordination in measuring what […]
With the aim of speeding up the national vaccination campaign against Covid-19 in Italy, ICMIF member the Unipol Group has launched a vaccine programme for all the employees of the Group, their family members, agents and agency employees in coordination with the applicable national and regional institutions. This is the first vaccine plan developed by […]
Europe’s mutual sector has demonstrated the sustainability of its model amid an increasingly challenging operating environment, according to a new report from ICMIF Supporting Member AM Best. As regulatory and competitive pressures increase, European mutuals have used a variety of structures in their attempts to gain scale, resulting in the creation of leading groups in […]
In an effort to deliver effective and innovative loss control solutions to commercial auto insurance customers, American ICMIF member EMC Insurance Companies (EMC) has collaborated with Mobileye, a subsidiary of Intel Corporation, to offer collision avoidance systems with preferred pricing for policyholders. The Mobileye 8 Connect technology uses real-time and a forward-facing camera and artificial […]
ICMIF member Simplyhealth, a leading UK health and dental plan provider, has launched a new, free to download app, SimplyPlan, designed to enable members to claim money back on their Simplyhealth plan quickly and easily, all from the palm of their hand. SimplyPlan is available to both consumer and corporate Simplyhealth customers. Making a claim […]
Achmea can now deal with increasing storm damage claims faster with a new national roof tile network
In the event of a severe storm or hailstorm, Achmea can receive up to 10,000 additional damage reports from policyholders, almost half of which concerns damage to roofs. Because Achmea believes the number of storms and hailstorms will increase due to climate change, the cooperative insurer was the first in the Netherlands to set up […]