Latest News

Tuesday, 04 August 2020

Argentinian ICMIF member San Cristóbal Seguros has launched a new type of insurance cover for tenants and property owners.  The new Guaranteed Rental product offers guaranteed rental income for landlords and property owners on behalf of the people who want to rent a property but who do not have the guarantees normally required by real estate agencies and/or the property owner.

"We are expanding our product portfolio and seeking to provide specific solutions for the real estate sector. This policy is easy to take out for the tenant, and for the owner it represents extra peace of mind," explains Germán Godoy, Product Manager,...

Tuesday, 04 August 2020

One year after launching its Express Service for compulsory insurance policyholders, Cooperativa de Seguros Múltiples de Puerto Rico is now extending the Service to its 460,000 motor policyholders who currently have traditional policies.

"We continue to be the only insurance company that arrives at the scene of the accident to start the processing of the claim on the spot, thus simplifying the life of our policyholders who greatly value this unique service, as the satisfaction surveys show," says Edwin A. Lugo, Vice President of Sales and Marketing of Seguros Múltiples.

Through the Express Service, the claim process start...

Thursday, 30 July 2020

As a mutual society, funeral service and insurance provider, ICMIF member AVBOB (South Africa) says it is intrinsically involved in the communities it serves. Therefore, as part of this year’s Mandela Month commemorations, the group has joined the fight against Gender-based Violence (GBV) by donating to several non-government organisations (NGOs) across the country. During the first week of the COVID-19 lockdown, over 87,000 cases of GBV were reported to police in South Africa. Since then, there have been many reports that indicate that there has been a surge in GBV cases. As such, AVBOB says it has seen it as...

Wednesday, 29 July 2020

ICMIF Supporting Member AM Best has announced that it will host its annual reinsurance market briefing as a virtual event on 13 September 2020, 10:15 a.m.–11:45 a.m. (CEST). This follows the cancellation of the 2020 Rendez-Vous de Septembre. This event, which will be presented as a complimentary webinar, will mirror AM Best's popular and well-attended reinsurance market briefings normally held at the Rendez-Vous de Septembre in Monte Carlo. Hosted at the exact same time as previous in-person events, it provides a unique opportunity to hear reinsurance market insight and opinion from a panel of senior executives and analytical leaders of...

Wednesday, 29 July 2020

Australian ICMIF member RAC has announced a new funding initiative under which it will provide up to one million Australian dollars to local governments to deliver community-based projects in Western Australia. RAC’s new Reconnect WA initiative aims to breathe new life into cities, towns and neighbourhoods, with the first funding stream — an AUD 500,000 Reinvigorating Streets and Spaces Fund — which is now open to local government applications. Eligible projects include low-cost temporary or semi-permanent infrastructure changes to the look and feel of local streets and public spaces. RAC Executive General Manager Advocacy and Members...

Tuesday, 28 July 2020

Despite having to pivot quickly to create an all-new digital experience, ICMIF member Securian Financial (USA) forged ahead with a quality summer internship experience in a virtual environment.

Whilst many companies in the USA had to reconsider their internship programs, Securian Financial says it is fortunate to be in an essential industry and was therefore still able to offer 41 interns meaningful work experience this summer. These college students had accepted internship offers before the COVID-19 pandemic hit, and a desire to keep its commitments to them drove Securian’s decision to make the programme happen but in a very...

Friday, 24 July 2020

ICMIF member The World Council of Credit Unions (WOCCU) this week announced its new Chair as Rafał Matusiak, President of the National Association of Co-operative Savings and Credit Unions (NACSCU - Poland). The announcement was made at the 2020 Annual General Meeting which was held virtually due to the COVID-19 pandemic.

Over 90 delegates from around the globe attended the AGM, which also featured presentations of the Distinguished Service Award and Member Growth Awards, along with recognition of new WOCCU members.

Matusiak becomes WOCCU Chair as he enters his sixth year of service on the World Council Board. He was...

Friday, 24 July 2020

ICMIF member Vaudoise Assurances (Switzerland), has launched a range of products and services which it says are complementary to the mutual’s existing insurance business. Specifically, these include the development of new service ecosystems for individuals and companies in the areas of health, animals, assistance and administrative services for companies. The development of these activities sits side by side with the traditional insurance business of Vaudoise as part of the organisation’s strategy of introducing complementary products and services.

CEO of the Vaudoise Group, Jean-Daniel Laffely, said: “La Vaudoise is committed to...

Wednesday, 22 July 2020

French ICMIF member MAIF has held a long-term commitment to a management style which is based on trust and which is in turn based on the empowerment of its employees. As an extension of this commitment, MAIF has announced that the organisation is now making remote working possible for 100% of employees (except for some specific professions). With this agreement, which was signed unanimously, MAIF says it is meeting one of its objectives as a company with a mission: to promote the development of its internal players.

A unanimously signed agreement

The MAIF Group last week decided to take a further step towards a business...

Wednesday, 22 July 2020

Swiss ICMIF member La Mobilière has announced that over the forthcoming period 2020-2021, the company's vehicle, business and travel insurance policyholders will benefit from an optional payment from the company’s surplus fund.

The rebate is not paid in cash but takes the form of a premium reduction of at least 10%. Year after year, subject to satisfactory business results, La Mobilière pays back thousands of Swiss Francs to its policyholders.

This practice dates back to the origins of La Mobilière, which was founded in 1896 as a cooperative with the aim of jointly bearing the risks and consequences of claims. In 1939, it...

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