ICMIF press releases

Mutual and cooperative insurers’ unique business model helps attract and retain millennial/Gen Z talent says new ICMIF report

Manchester, UK, 25 June 2020 – As the millennial and Gen Z generations continues to enter the workforce in vast numbers, it is crucial for mutual and cooperative insurers to position their unique business model as a factor in them being seen as “employers of choice” and to remain relevant for future generations. A new […]

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Mutual and cooperative insurers contribute over USD 1 billion to coronavirus relief efforts

Manchester, UK, 23 April 2020 – Since mid-March of this year, when the COVID-19 virus was being recognised truly as a global pandemic, ICMIF, the global federation representing cooperative and mutual insurers, globally has been monitoring and collecting information on members’ responses to the outbreak. In total ICMIF members have given nearly USD 1 billion […]

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ICMIF/Americas celebrates 40 years of serving members in the Americas region

Manchester, UK, 8 October 2019 – This year marks the 40th anniversary of ICMIF/Americas, the Americas’ regional association of the International Cooperative and Mutual Insurance Federation (ICMIF). Founded in 1979 by ICMIF with 11 member organizations in three countries, today, ICMIF/Americas represents 61 member organizations in 19 countries throughout North, Central and South America and […]

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Cambridge report indicates mutual microinsurance delivers greater resilience in vulnerable communities recovering from natural disasters

Manchester, UK, Thursday 20 June 2019: A new study from the University of Cambridge Institute for Sustainability Leadership has, for the first time, analysed how mutual microinsurance, a community-owned model of insurance, contributes to the recovery of low-income households following a natural disaster. The report, looking at mutual microinsurance through the lens of the United […]

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Ten year edition of ICMIF’s Global Mutual Market Share report launched: statistics confirm a decade of growth for the mutual and cooperative insurance sector

Tuesday 26 February 2019, Manchester, UK: The mutual and cooperative insurance market has been the fastest-growing part of the global insurance industry in the 10-year period since the global financial crisis, according to the Global Mutual Market Share 10 report launched today by the International Cooperative and Mutual Insurance Federation (ICMIF). This is a special […]

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Need for microinsurance regulation in Sri Lanka highlighted in new ICMIF and IPS report

Thursday 6 December 2018, Manchester, UK: Sri Lanka needs proper regulation for microinsurance to enable this sector to grow, according to a new report produced by the International Cooperative and Mutual Insurance Federation (ICMIF) and the Institute of Policy Studies of Sri Lanka (IPS). Entitled Country diagnostic on mutual and cooperative microinsurance in Sri Lanka, […]

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ICMIF mutual insurers achieve more than double the growth compared to the rest of the market

Manchester, UK, 20 November 2018: The International Cooperative and Mutual Insurance Federation (ICMIF) has revealed that its 197 member organisations have achieved an aggregated growth of 39.3% (compared to global market growth of 16.8%) during the last ten years, according to the ICMIF Members: Key Statistics 2018 report. ICMIF has published an updated version of its […]

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Cooperative and mutual insurers are leading the way in diversity with 50:50 gender balance for Americas Conference

Manchester, UK, 9 November 2018: The insurance industry has historically often been accused of being “stale, male and pale”; dominated by older, white men with speaker line-ups for insurance conferences and events in particular often very typical of this stereotype. The International Cooperative and Mutual Insurance Federation (ICMIF) has, however, worked hard for many years […]

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ICMIF and CIC launch new project to cover over 250,000 Kenyan farmers with livestock microinsurance

Manchester, UK, 17 September 2018: A five-year project to provide low-income dairy farmers with livestock microinsurance in Kenya will be launched by Kenyan cooperative insurer CIC Insurance Group (CIC) at a formal event taking place today in Nairobi. This venture has been formulated as part of the International Cooperative and Mutual Insurance Federation’s (ICMIF) 5-5-5 […]

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ICMIF members support International Day of Cooperatives and the creation of sustainable societies through cooperation

Manchester, UK, 5 July 2018: On 7 July 2018, cooperatives around the world will celebrate the International Day of Cooperatives. Through the slogan Sustainable societies through cooperation cooperatives will show how, thanks to their cooperative values, principles and governance structures, these organisations have sustainability and resilience at their core, with concern for community as the seventh […]

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