Leveraging the mutual difference
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Thought leadership article 2022 Global Insurance Outlook: Achieving growth through people, purpose and technology Amid an ever-evolving social and financial climate, a number of megatrends are catalysing a widespread transformation and a dynamic competitive environment, defining near-term prospects for the insurance industry: ecosystems, open insurance and customer-driven competition are driving profound business model shifts; in
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Thought leadership article The journey to net zero: an insurer’s guide to navigating climate risks and opportunities The white paper, “The journey to net zero: an insurer’s guide to navigating climate risks and opportunities” intends to be a pragmatic guide for insurers and reinsurers as they steer their organisations on the journey to net zero.
Case study Made for today a century ago Founded on co-operative principles a century ago, MAS has supported its members through some tough times. Established in the wake of a World War and a global pandemic, its history has been book-ended by devastating natural disasters in New Zealand. Mutuality was hardly a new idea in
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Case study Creating mutual value and growth With a proud history of over 100 years, AVBOB, the largest mutual assurance society in Africa, has provided solace to families and grieving survivors on the basis of its founding principles of working together with a mutual aim: which started with providing dignified funerals of loved ones during
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Case study Success in Blockchain: where are the future (re)insurance opportunities for Achmea Much less coordination, far fewer administrative actions and therefore a much more efficient process of reinsurance. These are some of the benefits that Achmea is able to deliver through a new Blockchain collaboration. Initially launched as a unique solution for freight transport
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Case study Embracing cooperative values in pandemic relief and recovery The COVID-19 pandemic had (and continues to have) significant and varied impacts on The Co-operators, as well as on the members, clients and communities it serves throughout Canada. Its cooperative values were at the heart of how the organisation responded and adapted to the pandemic
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Thought leadership article Mutuals embrace innovation to cement their European insurance market role The mutual insurance sector has demonstrated the sustainability of its model amid an increasingly challenging operating environment. Mutual insurers, especially larger ones, have looked to enhance their competitive positions with ongoing investments in their business. As regulatory and competitive pressures increase, European
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Thought leadership article InsurTech and open banking: Insurance modernisation pillars Open insurance, while still in its infancy, will drive business revolution by promoting tech-driven collaboration and service-oriented solutions. Insurers needs to ensure they enable various digital building blocks that will shape future insurance business models in the “new digital normal”. Making the transition successfully will
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Case study People looking out for people With more than 75 years of history behind La Capitale and SSQ Insurance, the two organisation joined forces in 2020 to create the largest mutual insurance company in Canada, Beneva. Employing more than 5,000 dedicated employees, Beneva is committed to its mutualist roots, taking a human approach as
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