When reporting its annual figures for 2022, ICMIF member Onderlinge ´s-Gravenhage (Netherlands) reported that total premium income for the insurer had increased by 3% from EUR 114 million to EUR 117 million. This produced a profit after tax of EUR 14 million (2021: EUR 31 million which has led to OG making EUR 5 million […]
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The IMA Group (Inter Mutuelles Assistance) has selected a technological solution from idGarages.com to offer its shareholders and their members a platform for comparing car repair quotes and putting them in touch with garages. French mutual Macif is the first insurer to benefit through its Macif Service Entretien Auto portal. Keen to meet the challenges […]
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ICMIF member Seguros Unimed (Brazil), the insurance and financial arm of the Unimed System (the largest medical cooperative system in the world), has been investing heavily in the use of Amazon Web Services (AWS) cloud tools for the storage, processing and availability of data using data lakehouse architecture. The goal, in addition to reducing costs […]
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Swedish ICMIF member Folksam has once again been recognised as the best in the finance and insurance industry in Sweden for equal working conditions. This was confirmed by Nyckeltalsinstitutet AB‘s Gender Equality Index (Jämix) which was presented in the last few days. The Jämix index measures gender equality among employers based on nine key measures […]
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According to the recently published 2022 annual report from Danish ICMIF member GF Forsikring, the mutual insurer managed to provide profit sharing and also avoid price increases for members. This was despite inflation and, not least said the insurer, large losses on investments. At the mutual insurer’s annual general meeting in Odense on Saturday 29 […]
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ICMIF member EMC Insurance Companies (USA) and the EMC Insurance Foundation have recently announced their charitable giving and community involvement impact for 2022. With last year’s contributions, the EMC Insurance Foundation’s charitable giving on record passed the USD 30 million mark since its establishment in 1989. Additionally, each year EMC Insurance Companies funds a number […]
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Just before Earth Day 2023, Canadian ICMIF member Beneva announced its goal of reaching net-zero emissions for its operations and its investments by 2040 and in all areas by 2050. This decision formalises its ambition to fight climate change and demonstrates its commitment to transitioning to a clean, sustainable and greener economy. In particular, Beneva […]
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ICMIF member Vaudoise Assurances (Switzerland) is the only independent private insurance company with a decision-making centre in French-speaking Switzerland. In line with its mutualist strategy, each year it pays out part of its profits by way of a premium rebates to its policyholders. For 2023-2024, it will redistribute CHF 43 million to its policyholders with […]
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ICMIF member MAS (New Zealand) has been awarded the Consumer NZ People’s Choice Award for its house, car, and contents insurance for the seventh year in a row. The awards are based on Consumer NZ’s customer satisfaction surveys, undertaken with their members and supporters. MAS was rated the top provider in the surveys with satisfaction […]
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ICMIF member Gore Mutual (Canada) has completely transformed its business in under three years through its “Next Horizon” strategy. By investing in top talent and leading technology, Gore says it has redefined what it means to be a modern mutual that’s sustainable and profitable – to ensure the business is here for the long-term. Now, […]
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