ICMIF Supporting Member Gallagher Re has published the first of its 2024 series of Global InsurTech reports. This year’s series of reports will examine the role of Artificial Intelligence (AI) in the reinsurance industry, breaking down the function and processes of AI into their relevant parts within the reinsurance value chain. The first report of […]
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On Saturday 4 May 2024, residents across Canada will participate in Wildfire Community Preparedness Day, an annual initiative that encourages residents to take proactive steps to better prepare their homes and neighbourhoods against wildland fire. This initiative has been supported by Canadian ICMIF member Co-operators since its inception in 2015. Each year, neighbourhoods and community […]
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ICMIF member Simplyhealth, one of the UK’s leading health plan providers, has announced the addition of an innovative new eyecare service to its growing community of quality-assured healthcare services. The aim is to provide people with discounted and faster access to optical support. The new partnership is with vision benefits company EyeMed UK (part of […]
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ICMIF partner organisation A4S has produced “top tips” guidance for the finance teams of insurers and reinsurers for calculating their emissions baseline. A4S says the climate crisis risks creating an uninsurable world, but the insurance industry has a pivotal role in avoiding the worst outcomes. Insurance-associated emissions – the scope 3 emissions associated with their […]
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ICMIF member Thrivent and baseball team the Minnesota Twins have announced a multi-year partnership – including a new fund that provides USD 200,000 annually to select local nonprofits, naming rights to the team’s club level of the home stadium, Target Fields, and a rebranded annual ticket plan – that will inspire a new model for […]
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The global mutual and cooperative sector collectively wrote USD 1.41 trillion in insurance premiums and increased the sector’s share of the total insurance market to an eight-year high of 26.3% in 2022, according to the International Cooperative and Mutual Insurance Federation’s latest Global Mutual Market Share report. The ICMIF Global Mutual Market Share 2024 report […]
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ICMIF member Sheffield Mutual Friendly Society (UK) has declared its results for 2023, showing a positive investment return on its with-profits fund of 9.0% and paying out a record profit share of over GBP 5.1m to members. 2023 business & financial highlights: Asset base increased to a record GBP 215 million Total number of traditional […]
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In the bustling streets of Ahmedabad, India, where the sun beats down relentlessly, the struggle against the burning heat isn’t just about discomfort – it is about making ends meet for India’s women workers. But now, there is a ray of hope: IBISA, a global climate Insurtech company, and ICMIF member, is launching an innovative […]
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ICMIF Supporting Member Swiss Re has announced the launch of an augmented version of its Life & Health underwriting manual Life Guide. The reinsurer says the new version comes equipped with Swiss Re Life Guide Scout, a Generative AI-powered underwriting assistant, developed by Swiss Re, that integrates Microsoft Azure OpenAI Service. Swiss Re Life Guide […]
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Keen to understand more about the occurrences of fatal accidents in Swedish workplaces, Johan Pehrson, Minister for Employment and Integration, and Paulina Brandberg, Minister for Gender Equality and Deputy Minister for Employment, visited ICMIF member Afa Försäkring on 18 April 2024 with the aim of finding out more about its prevention work to help people […]
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