Latest news from the sector

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

Rural mutual insurers FMG and NFU Mutual ranked as best workplaces in the world

Two ICMIF members, FMG in New Zealand and NFU Mutual in the UK, are among just 41 organisations from around the world that have been named as Gallup Exceptional Workplaces. The international Gallup Exceptional Workplace award is evaluated carefully by a panel of judges and given only to organisations that meet rigorous standards of employee […]

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Unipol sets out sustainability targets in next strategic plan and joins the Net-Zero Asset Owner Alliance

Last month, ICMIF member Unipol Group (Italy) announced that it has joined the United Nations-convened Net-Zero Asset Owner Alliance, making it the seventh ICMIF member organisation to join the Alliance. The Net Zero Asset Owner Alliance is an international group of 73 institutional investors with USD 10.6 trillion in assets under management, delivering on a […]

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Beneva expands partnership with Université Laval to support the success, health and well-being of the community

Canadian ICMIF member Beneva has announced that it has expanded its partnership with Université Laval to include impactful projects that will promote healthy lifestyle habits, more caring school and work environments as well as athletic and academic excellence. Born of La Capitale and SSQ Insurance, Beneva is donating CAD 590,000 to principally support the following […]

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Folksam to introduce video inspection service to assess property and motor claims remotely

Swedish ICMIF member Folksam will soon be providing video inspection services so that its claims administrators can inspect and document damage remotely. It is expected that this will contribute to faster claims handling, reduced climate impact and increased customer satisfaction. “After a successful test period, we choose to introduce video inspections in our regular damage […]

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Simplyhealth makes second significant investment in digital health start-up

ICMIF member Simplyhealth, the UK’s leading health and dental plan provider, has announced it has invested in Ampersand, a provider of digital therapies for inflammatory conditions. This collaboration will help accelerate the adoption of digital therapeutics in the UK, reducing outpatient appointments, improving health outcomes and cutting unplanned hospital visits for patients suffering with a […]

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Co-operators renews commitment to building flood resilience

ICMIF member Co-operators (Canada) has renewed its multi-year funding commitment to Partners for Action (P4A), a research initiative at the University of Waterloo that focuses on empowering Canadians to become flood resilient, with a three-year commitment of CAD 500,000 towards program delivery and research. The increasing frequency and severity of extreme weather and its devasting […]

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Gore Mutual knocks on doors of customers hardest hit by recent derecho storm in Ontario

The fallout from the derecho storm that hit Southwestern Ontario, Canada, on 21 May 2022 continues to impact thousands of property and automobile owners. In the hardest-hit areas of Ottawa and the Town of Uxbridge, Canadian ICMIF member Gore Mutual immediately deployed its claims team to personally assist customers and announces temporary policy changes to […]

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Gallagher Re report provides assessment of risks caused by inflation on the (re)insurance sector

ICMIF Supporting Member Gallagher Re has published a new report featuring its latest assessment of the inflation risks facing the insurance sector. The report has been prepared by Gallagher Re’s Strategic and Financial Analytics and Customised Solutions teams. Key findings from this report include: The debate has moved on from whether inflation will spike to […]

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Finance in insurance reimagined: New EY report looks at why insurers must reimagine planning and performance management

Insurers can transform planning and performance management to deliver forward-looking insights, according to the latest report from ICMIF Supporting Member EY, Finance in insurance reimagined: Building a strong planning and performance management capability. The report highlights both why now is the time for finance and other leaders to rethink and expand their planning capabilities and […]

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NFU Mutual named Which? Insurance Brand of the Year

UK ICMIF member NFU Mutual has again been named the 2022 Which? Insurance Brand of the Year. The mutual insurer, which won Insurance Brand of the Year in 2020, has been a Which? Recommended Provider for car and home insurance for over a decade, was commended for its “exemplary service, demonstrated by its customer service […]

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