2019 sees UK-based ICMIF member The Retail Mutual mark its twentieth year of providing an alternative to traditional insurance for independent retailers. The Retail Mutual began life in 1999 as a small, specialist provider of business cover specifically to retail newsagents. As the sector evolved, so too did the Mutual, expanding first to meet the […]
Read MoreICMIF Supporting Member CyberScout, a leader in identity theft resolution, data defence and employee benefits services, last month announced the appointment of Jennifer Leuer as Chief Executive Officer, effective 24 June 2019. Leuer joins CyberScout from Experian where she served as president of Partner Solutions. “Jen Leuer is a strong leader with a stellar record of success,” said CyberScout […]
Read MoreBelgian ICMIF member The P&V Group (which includes the P&V and Vivium brands) last month launched a new type of insurance for the Belgian market. This is an “on-demand” insurance product where the customer decides when to activate or deactivate it. This concept, called CliCover, will first be applied to motorcycle damage insurance. CliCover: the customer chooses […]
Read MoreUK ICMIF member Co-op Insurance has today introduced a new policy for young drivers, which is set to save them an average of more than £1000¹ in insurance premiums as a reward for safe driving. The ‘Graduated Young Driver’ policy will offer drivers who have been on Co-op’s Young Driver telematics policy for two years with a […]
Read MoreCMIF Supporting Member Willis Re has deployed a wildfire risk solution that can be used throughout the United States. to assess location level wildfire risk, and how the risk correlates to the company’s portfolio level wildfire exposure. Willis Re said this week that the new solution supports the organisation’s clients in writing and pricing wildfire risk with […]
Read MoreThe jury of the Fortuna 2019 Awards, the awards organised annually in Argentina by the business magazine Fortuna, has named ICMIF member Sancor Seguros the Best Insurer in Argentina. The awards took place earlier this month. The 15th Fortuna Awards ceremony was held at facilities of the Buenos Aires Stock Exchange, where 16 firms that […]
Read More“Cooperatives for decent work” On this year’s International Day of Cooperatives (CoopsDay), to be celebrated on 6 July, the International Cooperative Alliance (ICA) has issued a message to say that the ICA and cooperatives around the world are championing a commitment to decent work. This year’s event will be the 97th ICA International Cooperative Day. […]
Read MoreGlobal insurance premiums passed the USD 5 trillion mark for the first time in 2018, equivalent to more than 6% of world gross domestic product (GDP), the latest sigma report from the Swiss Re Institute, “World insurance: the great pivot east continues“, says. This was based mostly on solid growth in the non-life sector, particularly in China […]
Read MoreStrengthening primary insurance market conditions underpinned improvements to reinsurance prices, terms and conditions at the June 1, and July 1, 2019, renewals according to the latest 1st View renewals report from ICMIF Supporting Member Willis Re. According to the report, almost all buyers were able to secure the capacity they desired at June 1 and July 1, but […]
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