innovation

The availability of digital data is growing exponentially as the use of sensor networks and digital platforms becomes increasingly widespread. At the same time, the ongoing development of advanced analytics capabilities affords non-life insurers the means to unlock untapped potential across the insurance value chain. By processing structured and unstructured data sources, insurers will be able...

Swiss ICMIF member Mobiliar has this month announced it has become an investor and strategic partner of a Bern-based start-up Carvolution. Mobiliar joins other investors in helping to accelerate the growth of the start-up.

Carvolution offers a monthly car subscription and their service provides the Swiss public with an alternative to buying and leasing cars. Carvolution customers can...

This week, Duuo, a digital insurance brand created by ICMIF member The Co-operators (Canada), announced the launch of Rent-my-Stuff Insurance, Canada's first on-demand digital insurance for peer-to-peer sharing platforms. Now available through Traveling Munchkin, a Canadian platform that allows parents to find and rent baby gear from local families, Rent-my-Stuff Insurance provides protection...

The Singapore-based member of the International Cooperative and Mutual Insurance Federation (ICMIF), NTUC Income (Income), has partnered with Philips to pilot the insurance industry’s first tele-health programme, called ‘Orange Care’. The plan’s purpose is to support the recovery and overall health improvement of IncomeShield policyholders who have recently been hospitalised due to a heart...

CIC Insurance Group, a cooperative in Kenya, has been able to harness innovative technology and alternative distribution channels successfully sell microinsurance.

The company introduced a mobile phone platform, M-Bima that allows clients to pay premiums through M-Pesa - "M" stands for "mobile" and "pesa" is Swahili for "money" — a mobile-phone based money transfer and micro-financing...

It gives us great pleasure to announce that registration for the 2013 ICMIF Biennial Conference and General Assembly in Cape Town, South Africa, is now open. This will be the first ICMIF Conference to be held in Africa and we are very excited about bringing the cooperative and mutual insurance world to Cape Town; as are our wonderful hosts PPS. A dedicated ICMIF Biennial Conference website has...