UK ICMIF member VDS announced that GBP 600,000 in return of premium will be shared between eligible members who apply to renew their VDS Practice policy for 2023 by the end of December 2022 and this year will once again be given as a discount against the 2023 renewal premium. Reflecting VDS’s mutual model, a […]
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UNDP and the ICMIF Foundation are launching a new mechanism to promote innovative mutual insurance schemes to better protect the most vulnerable in developing countries The United Nations Development Programme (UNDP) and the ICMIF Foundation today launched the Insurance Innovation Challenge Fund. The Fund, initially funded with USD 600,000, will enable mutual insurance initiatives to […]
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This week, over 400 leaders from the global mutual and cooperative insurance sector will meet in Rome (Italy) for the ICMIF Centenary Conference. Founded in Rome in 1922, ICMIF is the global association for cooperative and mutual insurers. As a membership organisation, the Federation’s mission is to help its member companies achieve their strategic goals […]
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Australian ICMIF member Capricorn Mutual exceeded AUD 100 million in sales (gross protection revenue) in 2022 for the first time in its 20-year history, despite having paid out record sums for claims during one of Australia’s biggest natural disasters in early 2022. More than 200 Capricorn members affected by the devastating New South Wales and […]
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US ICMIF member EMC Insurance Companies has earned 2023 DCC Elite™ certification from Deep Customer Connections. The honour was awarded to only five US-based property and casualty insurance companies and represents exceptional performance in, and commitment to, ease of business experienced by independent agents. DCC Elite™ certification requires two levels of qualification. First, Deep Customer […]
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ICMIF member Río Uruguay Seguros (RUS) is a company from Entre Ríos, estaablished in Concepción del Uruguay, which has been developing and growing throughout Argentina. The cooperative insurer has been in business for more than 60 years and has around 7,000 insurance producers. Although over the years it has been incorporating new technologies to meet […]
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Canadian ICMIF member the Wawanesa Mutual Insurance Company (Wawanesa) has partnered with the Institute for Catastrophic Loss Reduction (ICLR) and collaborated with FireSmart™ Canada to offer a new community wildfire prevention grant. Wawanesa and ICLR will make available six grants of up to CAD 15,000 each to help communities across Canada increase their resilience to […]
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Canadian ICMIF member Co-operators continues to lead the industry in using the power of its invested assets to help bring about a more sustainable society. Taking its mission a step further, the company has launched Co-operators Sustainable Investment Portfolios, a new investment product for retail clients currently distributed exclusively through Co-operators Financial Investment Services Inc. […]
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In 2020, ICMIF member MAIF (France) adopted a proactive climate strategy aimed at bringing its investment portfolios as close as possible to the trajectory set by the Paris Agreement to limit global warming to +1.5°C by 2030. After having validated a strategy for exiting from fossil fuels (the total exit from coal and non-conventional fossil […]
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The Mutual Insurance Conference (MIC), organised by the Mutual Research Network, is an annual event bringing together leaders of the insurance industry and academic scholars to discuss current issues related to mutual and cooperative insurance industry. To celebrate the ICMIF centenary, this year’s MIC will take place on Monday 24 October in Rome, Italy, the […]
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