Latest news from the sector

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

AVBOB receives top employer award for 2023

Last month, ICMIF member AVBOB (South Africa) announced it had received the 2023 Top Employers Institute award, as the best company to work for, for the sixth consecutive year. The mutual said this award bears testimony to the Group’s commitment to support employees at all levels of the organisation, with the specific objective of improving […]

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MAIF recognised for the quality of its teleworking practices

French ICMIF member MAIF is the first French company to have been recognised for obtaining the highest level of WIWO (Work In, Work Out) label. Issued by Incitu, the label recognises companies whose teleworking practices combine respect for quality of life at work and the company’s performance. Tested, approved… and now labelled! In a changing […]

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Folksam in new collaboration with one of Sweden’s largest property managers to enable secure savings for a home

Swedish ICMIF member Folksam and cooperative property management company Riksbyggen have initiated a new collaboration that enables Riksbyggen’s priority customers to sign up for affordable, safe and long-term home savings through Folksam. Through the Folksam “Bospar” product offering, Riksbyggen’s customers can now sign up for savings digitally. Whether people want to save for themselves or […]

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The city of Burgdorf receives mobile flood protection from La Mobilière

The city of Burgdorf in Switzerland has received a mobile flood protection system from Swiss ICMIF member La Mobilière. This complements the existing resources of the Burgdorf fire brigade which can now use the system flexibly in the region to protect buildings at risk. The severe floods in 2005 and 2007 revealed weak points along […]

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Mutual income protection providers in the UK paid out over GBP 50 million in claims in 2022

UK ICMIF member, the Association of Financial Mutuals (AFM), has reported that its members that offer income protection products paid out GBP 52 million in claims in 2022, to over 9,000 customers. This compares to GBP 34 million in claims in 2021. Much of the increase reflects the fact that LV= has since joined AFM […]

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LV= pays record GBP 127m in individual protection claims

ICMIF’s latest member, investment, protection and retirement specialist LV= (UK), paid individual protection claims totalling GBP 127m during 2022. LV= supported more than 8,000 claimants and their families paying 95% of all individual protection claims including life, critical illness and income protection. About the claims LV= paid out more than GBP 28m in Critical Illness […]

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Ecclesiastical Insurance goes electric in drive to net zero

Benefact Group, which owns UK-based ICMIF member Ecclesiastical Insurance, has launched its first electric car scheme as part of its ambitious plans to reduce its carbon emissions and reach net zero by 2040. The salary sacrifice scheme allows colleagues to lease an electric car of their choice, helping to reduce their carbon emissions. To help […]

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Thrivent celebrates USD 1 billion in funds raised through its Thrivent Action Teams programme

ICMIF member Thrivent (USA), announced this week it has crossed a significant generosity milestone, successfully raising USD 1 billion in funds for communities across the country through one million client-led volunteer teams, also known as Thrivent Action Teams. Over 90 million hours of community service have been contributed since the programme commenced. Thrivent Action Teams […]

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The UN General Assembly has adopted the first resolution on the social and solidarity economy

Yesterday, 18 April 2023, the United Nations adopted the first-ever Resolution on promoting the social and solidarity economy for sustainable development during its General Assembly. The resolution includes a definition of the social and solidarity economy (SSE) as “enterprises, organisations and other entities engaged in economic, social and environmental activities which serve the collective and/or […]

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Beneva pledges financial support for SOCODEVI providing mutual aid and solidarity for vulnerable communities

Canadian ICMIF member Beneva, along with SSQ and La Capitale mutuals, has announced a pledge of a yearly amount of CAD 300,000 for 2023 and 2024 to SOCODEVI. In addition to supporting SOCODEVI’s mission, which is to concretely and sustainably improve living conditions in developing nations, Beneva says its aim is for this money to […]

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