Latest news from the sector

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

Reimagining Growth: The LIMRA-EY Experienced Financial Professional Study

ICMIF Supporting Member EY has published the Experienced Financial Professional Study in partnership with LIMRA. The Study shares how life insurers and annuity providers can strengthen financial professional engagement. Researchers concluded that new competition necessitates innovative services and also that customer needs have changed, and financial professionals must be prepared to respond. According to the […]

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ICMIF members around the world announce generous donations to help rescue efforts in Türkiye and Syria after the earthquake

Various ICMIF members around the world have confirmed their support through financial donations towards the disaster relief efforts in Türkiye and Syria following the devastating earthquakes which occurred on Monday 6 February 2023. Beneva in Canada has announced that it has donated CAD 25,000 to the Canadian Red Cross to support people affected by the […]

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Pennsylvania Lumbermens Mutual increases product visibility to independent insurance brokers and producers with Ask Kodiak tool

ICMIF member Pennsylvania Lumbermens Mutual (PLM) in the USA has selected the Ask Kodiak digital tool from Ivans to automate appetite communications to the largest network of independent insurance brokers and producers. Ask Kodiak will enable the niche carrier PLM to actively market its products directly in agency-facing systems, enabling a digital experience for its […]

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Macif acquires Mondial Pare-Brise and secures its position in the automotive glass repair market

French mutual insurer Macif, part of ICMIF member Aéma Groupe, has finalised the acquisition of the third largest French player in the windscreen repair and replacement market, Mondial Pare-Brise. With this acquisition, Macif says it is demonstrating its commitment to good quality relationships with its member policyholders and their purchasing power. Having obtained the approval […]

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LocalTapiola and the Finnish Football Association will reward grassroots football clubs for socially responsible activities and supporting hobbies

ICMIF member LocalTapiola and the Finnish Football Association have signed an agreement on the continuation of their sponsorship cooperation for the years 2023-2026. As part of the cooperation, LocalTapiola wants to highlight the socially significant work that is done at the grassroots club level. The main activity of the sponsorship period will be to reward […]

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La Segunda Seguros expands its commitment to sustainability

At the beginning of this year, ICMIF member La Segunda Seguros (Argentina) launched two new products: the first was the presentation of the cooperative insurer’s new and completely renewed application (app) for policyholders. The second launch was a campaign to promote La Segunda’s shift to digital policies, within the framework of its sustainability strategy, as […]

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Folksam will distribute SEK 1 billion to its customers in 2023

Starting in May 2023, Swedish ICMIF member Folksam will distribute SEK 1 billion (USD 94.2 million) to more than 2.1 million of its customers in the form of rebates. The size of the rebate is intended to support Folksam’s customers in turbulent times, but, the company says, it is also a testament to Folksam’s strong […]

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ICMIF announces record USD 249 billion in members’ premium income: latest Key Statistics 2023 report published

Research by the International Cooperative and Mutual Insurance Federation (ICMIF), based on data taken from members’ latest financial reports, has revealed a record total premium income of USD 249 billion across the membership, according to the latest edition of the ICMIF Members: Key Statistics report. The report provides analysis of the collective performance of the […]

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Grupo San Cristóbal launches its first corporate bond for SMEs

Grupo San Cristóbal (Argentina) has presented its first corporate bond to the capital market, a financial instrument for SMEs that allows San Cristóbal Servicios Financieros’ clients to continue with their development, work and investment plans. Bonds are an attractive, low-risk modality that maximises economic returns. They bring investors closer to the businessmen and entrepreneurs who […]

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Purchases of MAS life and income security policies will support sustainability through the planting of trees

ICMIF member MAS has joined the Trees That Count movement to help create a healthier future for Aotearoa New Zealand. For each new Professional Life Plan policy or new Income Security policy purchased between 1 February to 30 April 2023, MAS will fund a native tree on the member’s behalf. Environmental factors like air pollution, […]

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