“With natural disasters exacerbating the loss of biodiversity and wreaking havoc on crisis-stricken communities, causing property damage and loss, and jeopardising livelihoods and the safety of the people, climate justice compels us to face this disparity and work towards a fair and equitable solution.” writes Noel D. Raboy, CEO and President at ICMIF member CLIMBS […]
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The warning signs are stark, the predictions dire. Climate change isn’t a distant threat; it’s here, it’s affecting us now, and it’s amplifying at an alarming rate. Reports from esteemed bodies like the Institute and Faculty of Actuaries and the Intergovernmental Panel on Climate Change (IPCC) paint a haunting picture of a future where even […]
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Has it really been three months since the ICMIF Board of Directors confirmed my appointment as the incoming Chief Executive of ICMIF (as of November 2024)? Well, my calendar tells me it has, and my goodness, time flies when you are so busy and inspired! It’s been very humbling to receive so many generous messages […]
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Despite there being currently around 130 mutuals/nonprofit insurers in the UK, which include friendly societies (like us) and cooperatives, there is a growing concern that sadly many, especially the younger generations, do not seem to understand the concept of mutuality and how the mutual difference can benefit them. This is why one of the key […]
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“Last year we were thrilled to become the first UK health insurer to receive B Corp accreditation. As a purpose-led organisation, we’ve always stood for a healthier world, through our positive impact on the environment, in the way we contribute to society, and by governing ourselves in a responsible way,” writes Charlotte Cook, ESG (Environmental, […]
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In this extract from Gallagher Re’s Q2 2023 Global InsurTech Report, Andrew Johnston MA, Ph.D (pictured), Global Head, Gallagher Re InsurTech and Freddie Scarratt ACII, Deputy Global Head, InsurTech: UK, EMEA & APAC highlight a significant shift in global InsurTech funding and investment. We are pleased to share this guest blog from Gallagher Re (one […]
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Despite being high on the strategic agenda for many insurance leaders for many years, insurers in today’s complex and changing world are now recognising that embracing transformation is no longer optional; it is essential for their survival, competitiveness, and ability to meet the evolving needs of their policyholders. However, effective and successful transformation is a […]
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Like many among the ICMIF membership, I am a passionate advocate of mutuals, and of the benefits they deliver for their members, customers and wider society. But for much of the British public and, indeed, for a large proportion of the policymaker and regulator community, the concept of mutuality is, at best, poorly understood and, […]
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“It can be difficult for co-operatives and mutuals to access the investment capital they need to prosper, grow and compete. This has been a significant impediment to their success, at a time when this way of doing business is more popular than ever,” writes Melina Morrison, CEO at ICMIF member the Business Council of Cooperatives […]
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I have spent a lot of time in the last few months representing ICMIF members at various international forums which are working towards combatting the greatest challenge of our lifetime, namely, climate change. Many governments and businesses are making net-zero commitments for 2050 but in reality, if we don’t make significant headway in the next […]
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