Latest news from the sector

Read and share inspirational stories collected from across the ICMIF membership.

AVBOB celebrates centenary anniversary with ZAR 3.5 billion benefit for members

South African ICMIF member AVBOB Mutual Assurance Society has this month celebrated its 100 year anniversary. To celebrate this momentous milestone AVBOB announced plans on Wednesday 15 August 2018 to allocate ZAR 3.5 billion to their members through a new and exciting member benefit known as the AVBOB Reward Account (ARA). AVBOB is Africa’s largest Mutual Assurance […]

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ICMIF member Ömsen enters the personal healthcare insurance market

ICMIF member Ömsen (Finland) has launched a new type of mutual insurance cover for customers and entered the personal lines market by introducing a healthcare insurance for its local market. The company says the product was launched to help promote a healthier Åland (the autonomous Finnish province which the company serves). Ömsen says it is […]

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RAC announces new partnership with major arena in Western Australia bringing new benefits for members

Australian ICMIF member RAC WA has announced a new naming rights partnership with the major sports and entertainments venue in Western Australia (WA), the Perth Arena, which will be known as the RAC Arena from 1 September 2018. Since its opening in November 2012, the Arena has held an average of 80 events per year, […]

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ICMIF Young Leaders Programme will feature at the Federation’s 2019 Biennial Conference

Following its success at the 2017 Biennial Conference in London, ICMIF will once again be running a Young Leaders Programme at its next Biennial Conference, which will take place in Auckland, New Zealand, from 12 to 15 November 2019. The 2019 Young Leaders Programme is designed for young professionals (generally aged between 18 and 35) […]

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ICMIF member EMC Insurance Companies announces two new strategic partnerships

ICMIF member EMC Insurance Companies has recently announced strategic partnerships with two organisations with whom it plans to improve its digital processes and improve efficiencies in key areas of the organisation’s operations. The first partnership was announced in June with insurtech startup RiskPossible. RiskPossible has developed a digital platform that allows insurance carriers to monitor clients’ evolving operations […]

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Desjardins invests in Canada with Better Things Community Grants programme

A total of CAD 190,000 given to community initiatives nationwide Earlier this month the Desjardins Group announced the winners of its Better Things Community Grants programme. Three large grants of between CAD 20,000 and CAD 50,000 and 17 community grants of CAD 5,000 will go to deserving initiatives in Ontario, Alberta and New Brunswick. Earlier this year, […]

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Mutual and cooperative insurers are creating safe spaces for youth: International Youth Day 2018

Through a resolution adopted in 1999, the United Nations (UN) General Assembly declared 12 August as International Youth Day. The 2018 International Youth Day theme is “Safe Spaces for Youth”. International Youth Day 2018 aims to promote youth engagement and empowerment by exploring the role of safe spaces in contributing to freedom of expression, mutual […]

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California wildfire threat continues to grow: AM Best asks what is the new normal?

According to a new briefing from ICMIF member A.M. Best, the wildfire threat for insurers is continuing to grow as a result of increased housing development in more rural areas and wildlands in California. The Best’s Briefing, “Wildfires: The New Normal?” notes that 45 of the 58 counties in California have experienced population growth since […]

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Maif launch new « Pay when you drive » car insurance for members

ICMIF member Maif (France) recently launched a new type of car insurance. This new cover is prices on a “pay when you drive” (« payez quand vous roulez » in French) basis. Maif launched this new “by the minute” car insurance product with the help of its subsidiary Altima, which serves as the innovation laboratory for the mutual group. The […]

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Alejandro Simón of Grupo Sancor Seguros to co-chair the G20 Insurance Forum Executive Committee

The Argentinian Minister of Finance, Nicolás Dujovne, has presented the Executive Committee that will preside over the G20 Insurance Forum 2018. The Insurance Forum an encounter that will be held within the framework of the G20 on 25-26 September in San Carlos de Bariloche, Patagonia (Argentina). The Forum’s Executive Committee will be chaired by Adrián […]

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