ICMIF member The Wawanesa Mutual Insurance Company’s (Wawanesa) new Broker Platform is now live across Canada, making it easier for independent insurance brokers to access tools and resources from Wawanesa. “Independent insurance brokers are essential members of our community, helping Canadian families, farms and businesses protect their most important assets,” said Wawanesa’s EVP & President […]
Read MoreCanadian ICMIF member Co-operators has announced the launch of enhanced cyber-insurance coverage for business policyholders. Cyber Guard protects business owners for unexpected expenses and/or costs of complying with privacy laws if their confidential information is compromised, and lost income or increased operating costs due to a privacy breach event. This coverage is included on eligible […]
Read MoreSouth African ICMIF member The Professional Provident Society (PPS Insurance Company), a financial services company focused solely on providing financial solutions for graduate professionals has announced that the Group paid ZAR 6.1 billion (USD 0.39 billion) in total benefits to members in 2021, up 27% from the ZAR 4.8 billion (USD 0.31 billion) it paid […]
Read MoreICMIF member and leading rural insurer NFU Mutual (UK) has joined re-insurer Flood Re’s Build Back Better programme, reaffirming its commitment to supporting flood victims with resilient repairs able to withstand further flooding. NFU Mutual launched its Flood Resilience Repair scheme in November 2017, which is available for all home insurance customers with buildings cover. […]
Read MoreThe Mutual Fire Insurance Company of British Columbia and Germania Mutual Insurance Company to merge
Canadian ICMIF member The Mutual Fire Insurance Company of British Columbia and Germania Mutual Insurance have reached an agreement to merge. Members have demonstrated their support at each company’s annual general meetings and the transaction is provisional upon receiving regulatory approval. Darin Nessel, the President and CEO of Mutual Fire Insurance, will continue as President […]
Read MoreMembers of the Association of Financial Mutuals (AFM) that offer income protection (IP) products paid out 94.1% of claims received in 2021, up from 93.9% the previous year. The AFM is a member of ICMIF and based in the UK. Coronavirus continued to account for a significant proportion of claims, but, the AFM says, caused […]
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