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 […]
Read MoreSingapore-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 […]
Read MoreThis 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 […]
Read MoreICMIF 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 […]
Read MoreCanadian 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 […]
Read MoreDuring a virtual event in October, ICMIF member CLIMBS Life and General Insurance Cooperative unveiled a memento that would be displayed in the new CLIMBS’s Philippines Corner at the Rochdale Pioneers Museum in Manchester, UK. This is recognition to all Filipino cooperators and cooperatives and cemented its place in history at the birthplace of the […]
Read More