The International Cooperative and Mutual Insurance Federation (ICMIF) is proud to announce Microsoft’s membership, marking a significant step forward in its commitment to empowering the global mutual and cooperative insurance sector through advanced technology and collaborative innovation. By joining ICMIF, the sole global representative of the mutual/cooperative insurance sector, uniting purpose-driven insurers worldwide to strengthen their capabilities in a collaborative, non-competitive environment, Microsoft aligns itself with an organisation renowned for fostering excellence through knowledge-sharing, strategic partnerships, and sustainable business practices, to support community resilience.
This collaboration will enable Microsoft to actively support ICMIF members to harness the full potential of Microsoft for Financial Services, sophisticated analytics tools, and cutting-edge artificial intelligence solutions. Through these technologies, Microsoft helps insurers address critical challenges such as narrowing the protection gap, modernising operational processes, enhancing risk management, and delivering highly personalised customer experiences. Additionally, Microsoft’s expertise will contribute to the promotion of sustainable growth and resilience across the global insurance ecosystem, ensuring that cooperative and mutual insurers are well-equipped to adapt to evolving market demands and regulatory requirements.
By collaborating closely with ICMIF and its members, Microsoft aims to drive meaningful transformation within the insurance industry—accelerating digital innovation, fostering trust, and delivering solutions that create lasting value for policyholders worldwide.
ICMIF Chief Executive, Liz Green said: “On behalf of ICMIF, our Board of Directors and our 200+ member organisations, I am delighted to welcome global technology leader and innovator Microsoft as a member of the Federation.”
Green continued: “This collaboration presents an exciting opportunity to enhance the value we offer to members worldwide. Our Supporting Members play a vital role by contributing expertise and insights, especially with a focus on mutual and cooperative principles, and we look forward to the positive impact Microsoft will bring.”
Jim DeMarco, Insurance Industry Advisory Lead, Americas, Microsoft said: “ICMIF provides a unique platform for collaboration among mission-driven organisations in the insurance sector. As a mission-driven organisation ourselves, Microsoft looks forward to working with members to scale digital transformation initiatives, optimise underwriting, and create repeatable patterns that drive efficiency and growth for policyholder members.”
