Latest news from the sector

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

Sancor Seguros’ business incubator CITES Impulsa recognised in the 2021 Conscience Awards

In December 2021, Sancor Seguros’ business incubator CITES Impulsa was recognised in the 10th edition of the Premios Conciencia 2021 award ceremony. The Premios Conciencia (Conscience Awards) recognise companies for their actions to generate a positive change in the wellbeing of people and the environment; to achieve a more inclusive and sustainable society. The companies […]

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Ecclesiastical publishes new guidance to help brokers talk through key risks with education clients

New research commissioned by ICMIF member and specialist insurer Ecclesiastical (UK) has revealed schools in the UK are responding to the climate crisis by investing in sustainable technologies and improving the efficiency of existing school buildings. Ecclesiastical has published new guidance to help brokers speak to their education clients about how to manage key risks […]

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GF Forsikring gives millions back to its members

This month, the 330,000+ members of Danish ICMIF member GF Forsikring are learning what the profit sharing by the mutual insurer will actually mean for them in 2022. This year, all members will receive a share of the profit, which is significantly higher than last year. GF Forsikring has announced that once the accounts have […]

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Achmea opts for a climate-neutral strategy and joins the Net-Zero Insurance Alliance

ICMIF member Achmea (Netherlands) announced in December 2021 that it was joining the Net-Zero Insurance Alliance (NZIA), underlining the insurer’s climate ambitions. Achmea is committed to climate-neutral business operations by 2030 and a climate-neutral investment portfolio by 2040. In addition to this, the cooperative insurer is aiming for a climate-neutral insurance portfolio by 2050 at […]

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Premium refunds from 2020 lockdown period for eligible Simplyhealth customers

At the end of last year, ICMIF member Simplyhealth, a leading UK health and dental plan provider, announced that a proportion of premium will be refunded to eligible cash plan customers in the first quarter of 2022. The premium refund relates to the first UK COVID-19 (coronavirus) lockdown in late-March 2020, until mid-May 2020. Refunds […]

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NTUC Income launches SNACKFIT, a first-of-its-kind fitness and lifestyle proposition that offers bonus insurance coverage based on biological age

Singapore-based ICMIF member NTUC Income (Income) has launched SNACKFIT, a first-of-its-kind fitness and lifestyle proposition that offers bonus insurance coverage based on biological age. Available on the SNACK by Income mobile app, SNACKFIT calculates one’s biological age based on the fitness and activity data retrieved from linked fitness trackers, such as Garmin and Fitbit, and […]

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An early Christmas present of DKK 134 million for LB Forsikring’s members in loyalty discount

This month there was an extra reward in the inbox for members of Danish ICMIF member LB Forsikring. The company has announced that it has paid out DKK 134 million (just over EUR 18 million) in a loyalty discount for members this month. Next year, the loyalty discount will be more than DKK 100 million […]

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IBISA secures EUR 1.5m seed funding to revolutionise agricultural insurance

ICMIF member and insurtech start-up, IBISA (Luxembourg), has raised a EUR 1.5m seed round led by Insurtech Gateway. This will be used to expand their presence in existing markets and expand to new ones. IBISA hopes its innovative approach to insurance is about to revolutionise how the global agricultural ecosystem manages climate risk. IBISA develops […]

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Gore Mutual completes 80 per cent of Next Horizon transformation in less than two years

Canadian ICMIF member Gore Mutual Insurance Company (Gore Mutual) has taken significant steps to complete its strategic transformation to become a national insurer. With the national contact centre, the company has expanded its operating model beyond Ontario auto to include personal property insurance services for Ontario and British Columbia. In addition, Gore Mutual has extended […]

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Latest donations see NFU Mutual Charitable Trust top GBP 1m of support for UK charities in 2021

The NFU Mutual Charitable Trust (UK) has announced a final round of donations totalling GBP 196,000. This takes the Trust’s total donations to GBP 1,051,700 in 2021, with 21 organisations receiving funding over the year. The donations were made possible by an additional GBP 750,000 pledge from rural insurer and ICMIF member NFU Mutual, aiming […]

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