Latest News

Wednesday, 07 August 2019

The second edition of the Mutual Insurance Conference takes place in Croatia on 19 September, to explore the development potential and challenges for mutual insurers and Central and Eastern European countries. Under the theme "CEE countries – a new market boost?“, the MIC brings together mutual insurance practitioners, academics, trade union leaders and regulators/policymakers.

ICMIF's SVP Business Intelligence, Faye Lageu, will be the keynote speaker, presenting insights about the influence of digitalisation as a driver of new approaches and perspectives on what it means to be a cooperative/mutual insurer.

More information...

Monday, 05 August 2019

LB Insurance (LB Forsikgring) has entered into a new and exciting collaboration with an Insurtech Venture Capital Fund. The aim is for the collaboration to help create new innovative products, solutions and services for the benefit of the members.

LB Insurance is planning to turbocharge its innovation work through a new partnership Fin TLV, an international player within Fintech and Insurtech. FinTLV is headquartered in Tel Aviv, Israel, which is known for its strong entrepreneurial culture and strong research institutions, and where the Danish state also opened an innovation center back in 2016.

“For a long time we...

Monday, 29 July 2019

South African mutual assurance society and ICMIF member, AVBOB, formally established the AVBOB Foundation in 2012 as the channel for the company’s Corporate Social Investment (CSI) initiatives. The Foundation’s primary focus is on literacy and as such, it has been spearheading the building of schools and libraries, as well as becoming a significant patron of the arts.

The highlight of each of the Foundation’s initiatives is the AVBOB Container Library Project. The project commenced in 2013, when the first library was donated to a primary school in Tembisa, Gauteng, South Africa. These libraries, each worth 500 000 (ZAR), are...

Friday, 26 July 2019

The new “Homies” social alarm system was launched in the Netherlands earlier this month through a partnership between Dutch ICMIF member Achmea and HEMA stores (a Dutch value chain of shops with a flair for colourful designs). This is the start of a comprehensive alliance between HEMA and Achmea to enhance their customers’ security with an affordable social alarm system. Homies Alarm is an Achmea initiative. After purchasing the Homies smart alarm system, the customer is connected to the most advanced social alarm response system. The “Homies” social alarm system will be available online and from a number of HEMA stores from this month....

Thursday, 25 July 2019

Zenrosai, an ICMIF member in Japan, has recently rebranded itself as "Kokumin Kyosai co-op”. The organization made the change on 1 June 2019 and says that the new brand name was developed in order to become a friendly and approachable organisation to many more people in Japan.

Zenrosai, a consumer cooperative established in September 1957, has expanded its business in the past 60 years. “This rebranding effort is aimed to encourage more people to join us by conveying the value of our activities and services again. The new name clearly signifies that our organization is a cooperative providing Kokumin, which means “all citizens”,...

Friday, 19 July 2019

At the recent ICMIF Intelligence Committee meeting in Paris (France) Gina Fusco, Director of Strategy and Marketing at UK-based member organisation NFU Mutual, was elected as the next Chair of the Committee.

The Intelligence Committee is a sub-committee of the ICMIF Board of Directors, established in order to guide ICMIF’s networking and knowledge activities. The Committee (IC), which is made up of senior executives from 24 member organisations, acts as a network to leverage the experiences and capabilities of its members through the sharing of strategic intelligence and research; best practice methodologies on innovation,...

Tuesday, 16 July 2019

2019 sees UK-based ICMIF member The Retail Mutual mark its twentieth year of providing an alternative to traditional insurance for independent retailers.

The Retail Mutual began life in 1999 as a small, specialist provider of business cover specifically to retail newsagents. As the sector evolved, so too did the Mutual, expanding first to meet the needs of the wider convenience retail sector before opening its doors in 2017 to the whole spectrum of independent retail shops and service providers on UK high streets.

The Retail Mutual has now become the cover provider of choice for thousands of independent retailers. Indeed,...

Tuesday, 16 July 2019

ICMIF Supporting Member CyberScout, a leader in identity theft resolution, data defence and employee benefits services, last month announced the appointment of Jennifer Leuer as Chief Executive Officer, effective 24 June 2019. Leuer joins CyberScout from Experian where she served as president of Partner Solutions.

“Jen Leuer is a strong leader with a stellar record of success,” said CyberScout Chairman and Founder Adam Levin. “Her experience, vision, passion and sense of urgency make her the perfect choice to lead the CyberScout organization, as we grow our global footprint exponentially.”

During her...

Monday, 15 July 2019

Belgian ICMIF member The P&V Group (which includes the P&V and Vivium brands) last month launched a new type of insurance for the Belgian market. This is an "on-demand" insurance product where the customer decides when to activate or deactivate it. This concept, called CliCover, will first be applied to motorcycle damage insurance.

CliCover: the customer chooses the days when he/she wants to be insured

The idea came about from a request from people in Belgium who use their motorcycle for leisure purposes and who do not want to pay an annual premium for material damage when they only use their motorcycle for a short...

Friday, 12 July 2019

On Wednesday 10 July 2019, Dutch ICMIF member Achmea and a large number of other financial sector players, signed the Dutch government’s national Climate Agreement and in doing so committed to report on the climate impact of their financing and investments from 2020 onwards. The organisations also announced that by 2022 they would have action plans in place to reduce their CO2 emissions. Contributing to reducing climate change has been high on Achmea’s strategic agenda for many years and it is one of the three focus areas (UN’s SDGs) in its strategy.

In a statement this week Achmea said that the climate is changing and this is...

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