Since launching the first in a series of reports known as The Mutual Factor in 2018, NAMIC has continued to publish the report on an annual basis. The reports are developed by NAMIC in partnership with Aon and provide a yearly update on multiple performance metrics which show how the mutual insurance industry is doing […]
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ICMIF member Shelter Insurance (USA) has announced that it has been ranked #1 in Forbes’ 2024 World’s Best Insurance Companies list for auto insurance in the USA. Shelter also ranked #10 for homeowners insurance. Forbes contracted research firm Statista who compiled lists of top companies by surveying more than 45,000 customers in 15 countries between […]
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ICMIF member and affordable healthcare provider Benenden Health (UK) has announced a significant increase in engagement from its 870,000+ members, after its first full year using new democratic processes. In 2023, all members of Benenden Health were invited to vote on Society resolutions and Board, Executive and Director elections for the first time. At the […]
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ICMIF member Seguros Unimed (Brazil) has announced a partnership with Uber Health that will allow the insurer to hire transport for its member policyholders to be taken to hospitals, clinics and laboratories in non-emergency situations, via the Uber platform, which should contribute to access to and the quality of the healthcare services offered to policyholders. […]
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In April 2024, ICMIF sent a survey to members with the intention of better understanding how and where mutual/cooperative insurers worldwide were implementing artificial intelligence (AI) technologies. The key findings from this survey have now been shared in a new publication ICMIF Members AI Report, which highlights the innovative ways our members are leveraging AI […]
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Earlier this month, on World Environment Day, Canadian ICMIF member Beneva unveiled a new video highlighting its impact statement on sustainability to the public. What is Beneva’s commitment? Beneva said it wants to invest in global wellness while accelerating a just transition towards a greener, more inclusive and resilient world. The mutual insurer says this […]
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According to the newly issued Best’s Market Segment Outlook from ICMIF Supporting Member AM Best, the global rating agency has revised its market segment outlook for the global reinsurance segment to positive from stable, citing robust profit margins along with higher attachment points and tighter terms and conditions that followed a period of drastic repricing. […]
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The world is facing multiple interconnected crises which bring about ever-more complex risks, according to the findings in the 12th SONAR emerging risk report from ICMIF Supporting Member Swiss Re. The report explores critical topics of the future to foster better understanding of new or changing risks, their interactions and dependencies. Patrick Raaflaub, Swiss Re […]
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ICMIF member Co-operators believes the trend of climate change in its home country of Canada is clear. The direct impact to communities puts them at the forefront of this challenge and alone, they aren’t equipped to endure the effects that are no longer far off, but right at their doorstep. As a result, Co-operators says […]
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On 6 July 2024, the cooperative sector around the world will celebrate the International Day of Cooperatives with the theme announced by the International Cooperative Alliance (ICA) of Cooperatives Build a Better Future for All. Cooperatives will take the opportunity on 6 July to showcase their current and historical contributions to building a sustainable future, […]
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