Blog articles

Read inspirational blog articles from the mutual and cooperative sector.

Getting the most out of your organisation’s ICMIF membership: key things to consider as a Young Leader

Dominic Santschi, Product Manager Mobility Insurance at Swiss Mobiliar (Switzerland), spoke to ICMIF about the benefits he has gained from being a member of the ICMIF Young Leaders Forum and from attending the 2017 Biennial Conference on the Young Leaders Programme. According to Dominic, the Young Leaders Forum and the Young Leader Programme at the Biennial Conference offer unique opportunities for […]

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Are insurers ready for the future of mobility?

As consumers move away from personally owned and operated automobiles, we will see the evolution to a mobility system comprised of driverless vehicles and shared mobility platforms. As this transformation unfolds, insurers will need to change their approach to auto insurance products and services. Auto manufacturers are developing new and innovative solutions and we are […]

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Climate change, sustainable finance and green bonds: what are ICMIF and our members doing?

Mark Carney leading the way…. Mark Carney, Governor of the Bank of England, once described climate change perfectly saying that it “imposes costs on future generations that the current one has no direct incentive to fix*” In his more recent ‘A New Horizon’ speech at the European Commission Conference (March 2019), Carney again sounded the […]

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The higher purpose and benefits of the mutual ownership model

Insurance is a begrudging purchase, generally not wanted, most feeling that they will never use it, or at least hopeful that they will never need to use it. Most people at some level know, but likely give very little thought to, the fact that insurance underpins the world’s economy. The economy’s growth is based primarily […]

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How should motor mutuals stay relevant in sharing economy

The survival of motor mutuals will depend on their ability to leverage the advantages of their unique ownership model to retain market share, as demand for traditional motor insurance diminishes Arguably, the biggest risk facing the insurance industry over the next 10 years is the emerging business risk to the motor insurance industry, as the […]

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My journey as an ICMIF Young Leader: A box of opportunities!

The positive impact of my participation in the ICMIF Biennial Conference in London in 2017 On August 2017, the President of my organisation 1CISP (the Philippines), Roy S. Miclat, recommended that I attend the ICMIF Biennial Conference in October 2017 which was to be held in London (UK). Unanimously, the 1CISP Board of Directors approved […]

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Mutuality: A success story set to continue ‘An era of renewed confidence and growth’

The socio-economic impact of mutual/cooperative insurers is often recognised as a core differentiator for our sector. Their ability to think and behave differently contributes to heightened consumer choice; product and service innovation; fair pricing; and ultimately improved consumer trust. The year 2018 has seen many success stories for our sector but particularly in terms of […]

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Regulatory awareness of cooperative and mutual insurance is key in both emerging and developed economies

Although we live in an increasingly globalised society, insurance and the regulation of insurance remain a long way from the conception of a globalised industry as proposed by Levitt’s 1983 essay, “The Globalization of Markets” (Harvard Business Review), which suggested standardisation and convergence to be essential for successful businesses and markets.  Certainly, insurance has relied on […]

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Beware of the relentless spread of personal accountability across borders

The below blog was published on the Willis Towers Watson Wire website on 24 October 2018. It was written by Francis Kean, Executive Director in Willis Towers Watson’s FINEX Global, is reproduced here for the benefit of our members with the kind permission of ICMIF Supporting Member Willis Re. The acronym FSB probably conjures up for you the Federal […]

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Our experiences of the G20 Insurance Forum

This year Argentina holds the G20 presidency and a G20 Insurance Forum took place this year for the first time ever in September in Bariloche, Patagonia. Four Argentinian ICMIF member organisations Sancor Seguros, La Segunda, San Cristóbal and ADIRA  supported the project and helped to host the Forum. Alejandro Simón (seen on the far right […]

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