Latest News

Wednesday, 02 February 2011

ICMIF's regional association The Americas Association of Cooperatives/Mutual Insurance Societies (AAC/MIS) has changed its name to ICMIF/Americas. In the wake of this year’s Annual Conference held in Cartagena, Colombia, a proposal was made in consultation with the members to change the organisation’s name from the current title AAC/MIS. Following the suggestion the proposal was addressed later in the month at the AGM and the simplified name ICMIF/Americas was chosen as the final replacement.

Among the reasons for change was the intention of creating a greater alignment between ICMIF and the Americas regional association,...

Wednesday, 02 February 2011

The International Cooperative and Mutual Insurance Federation, ICMIF, has launched a brand new version of its web site designed in response to research on members’ communication needs, centred around a niche social networking platform and improved usability.

With a dedicated social networking element at the core of the new site, individuals from member organisations are able to connect to each other, creating their own groups of peers from around the world, as well as participate in discussions on topics of interest or concern.

The content and design of the site has also been improved, to allow members to find important and...

Thursday, 13 January 2011

New ICMIF supporting member Invesco have issued their ‘Annual Economic Outlook' for the coming year. One theme highlighted is the predicted split between the performance of the emerging economies and those in the West. While many western economies GDP will continue to grow slowly in the wake of recession, emerging economies in Asia and Latin America will continue to grow in line with previous years.

The western economies will be characterised by governments, businesses and households continuing the process of balance sheet repair while also reducing their levels of debt. This on the whole will see most western economies grow slowly...

Tuesday, 11 January 2011

Desjardin's Group has been confirmed as the winner in ‘Canada's 10 most admired corporate cultures of 2010 program'. Chosen by the program's board of governors, who established it in 2005, Desjardins has again proven itself to be a top performer.

Monique Leroux, Chair of the Board, President and CEO of Desjardins explained that "At Desjardins, our culture is particularly one of participation and democracy, which are characteristic of the governance style of our cooperative group, leadership in financial education and in sustainable development, support for gender equity, and people's community involvement. All of these activities...

Tuesday, 21 December 2010

This dedicated web site contains in-depth information about the 2011 ICMIF Biennial Conference - to be held in Tokyo, Japan, October 26-28 - including:

Full online registration Video messages from Yoshinori Yokoi, President of the Board of the host organisation, Zenkyoren and Shaun Tarbuck, Chief Executive of ICMIF An overview of the conference objectives Full agenda and programme Information about the new added-value events taking place during the conference, as well as the organised tours and social events Details on the conference venue and hotel as well as in-depth information about Tokyo and the surrounding area

The site...

Friday, 10 December 2010

The Government Accountability Office (GAO) in the USA has recognised the value that the cooperative business model can have for the restructuring of government sponsored enterprise's Fannie Mae and Freddie Mac. In a recent report this November the GAO recognised the value that such a restructuring would bring to the American public and recommend that an incorporation of cooperative values be a part of the solution for the beleaguered government mortgage lenders.

The report has been welcomed by the National Cooperative Business Association (NCBA) who have been lobbying for a greater recognition of the cooperative movement for years...

Wednesday, 08 December 2010

ICMIF members Tajy and SOCODEVI have announced that they will be forming a strategic alliance. The future cooperation between the two organisations will see them share information and best practice in areas of planning, management, marketing and governance and is a great example of cooperative organisations pooling resources for mutual benefit.

Carlos Benitez, President of Tajy in Paraguay, says that "the signing of this agreement with SOCODEVI is very timely, Tajy has been growing at an incredible rate, and since 2007 SOCODEVI, AAC/MIS and ICMIF have been supporting Tajy with our strategic planning." The agreement formalises a...

Thursday, 25 November 2010

Mr Yoshinori Yokoi, the new CEO of Zenkyoren, has been formally appointed as the new Chairman of the Asia and Oceania Association and will finish off the term of the previous holder Mr Imao who left the post earlier this year. The Asia and Oceania Association is a regional subsidiary of ICMIF and represents the interests of its members in the area. Mr Yokoi was formally approved at the recent ICMIF Board of Directors meeting in Singapore this October and will take on the new role immediately.

Another significant appointment has recently taken place in Europe with Klaus Niederlander being appointed the head of Cooperatives Europe....

Wednesday, 24 November 2010

The American Association of Cooperatives/ Mutual Insurance Societies (AACMIS) and ICMIF have recently held a joint webinar on Enterprise Risk management. The webinar which was held in partnership with Guy Carpenter discussed key strategic issues for businesses in the Insurance sector and how to best manage risk within the context of the changing economic and regulatory environment.

There were a total of twenty six people who signed up for the online seminar and the feedback suggests that it was well received by the participants. Joan Lamm-Tennant the Global Chief Economist for Guy Carpenter began the webinar with a very informative...

Thursday, 18 November 2010

Spanish member Seguros Lagun Aro has received an award for having the best customer service in the Spanish Insurance industry. The prestigious award was handed out by the Spanish Association of Experts in Customer Contact Centers (AEECCC) and recognises outstanding customer service in the Spanish insurance industry. In such a highly competitive industry Seguros Lagun Aro's reputation for excellent customer service is a great differentiator that puts them ahead of other industry rivals.

Seguros Lagun Aro have also recently received recognition for their online presence after being named in the top twenty in the industry. They have...