Latest news from the sector

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

Lawcover goes live in Australia with SaaS core systems

Australian ICMIF member Lawcover is accelerating its digital transformation by leveraging the Duck Creek Suite OnDemand to improve the service it provides to the New South Wales, ACT, and Northern Territory legal communities in Australia. In September it was announced that Lawcover, a provider of professional indemnity insurance to law firms in New South Wales, […]

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Wawanesa Insurance celebrates 125th anniversary with $700,000 donation to local community organisations

ICMIF member The Wawanesa Mutual Insurance Company and its employees are marking the company’s 125th anniversary by providing CA$700,000 to local community organisations in Canada and the United States. These charitable funds come in addition to the CA$3.5 million Wawanesa has already committed to its community partners for 2021. “As a mutual insurer we strive […]

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NongHyup Life and NongHyup P&C become signatories for the UN Principles for Sustainable Insurance

In September 2021, ICMIF members NongHyup Life Insurance (NH Life) and NongHyup Property & Casualty Insurance (NH Property & Casualty) from the Republic of Korea both announced they had has signed the United Nations Environment Programme’s Principles for Sustainable Insurance Initiative (PSI), which support the implementation of the United Nations Sustainable Development Goals (SDGs) and […]

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African Risk Capacity (ARC) and UN Women join forces to integrate gender into disaster risk management

ICMIF member the African Risk Capacity (ARC, South Africa) and the United Nations Entity for Gender Equality and the Empowerment of Women (UN Women) have signed a Memorandum of Understanding (MoU) to promote integration of gender equality in disaster risk management (DRM). Under the MoU, signed by the heads of both institutions, the parties will […]

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ICMIF joins International Coalition of the Social Solidarity Economy

Today, Tuesday 28 September 2021, ICMIF came together with the International Cooperative Alliance (ICA), the Global Social Economy Forum (GSEF), SSE International Forum (SSEIF) and the Association Internationale de la Mutualité (AIM) for an launch event of the International Coalition for the Social and Solidarity Economy (ICSSE). The International Coalition of the Social Solidarity Economy […]

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UNDP launches new Insurance and Risk Finance Facility

The United Nations Development Programme (UNDP) today announced a new flagship initiative — the Insurance and Risk Finance Facility (IRFF), within its Finance Sector Hub. The new Insurance and Risk Finance Facility (IRFF) aims to build financial resilience and bridge the USD 1.4 trillion global health, mortality, and disaster protection gap. The UNDP says the […]

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New NAMIC report affirms the overall financial strength and stability of mutual insurers

The National Association of Mutual Insurance Companies (NAMIC) and Aon have taken another step toward understanding how mutual insurers’ performance, structure, and focus set them apart from other insurance entities with this week’s release of their fourth annual market analysis of the mutual insurance industry. The latest report, “Mutual Factor 2021: How Performance, Structure, and […]

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AAM launches a digital campaign to educate young people on the benefits of mutuality and mutual insurance

At the beginning of September, French ICMIF member AAM (l’Association des Assureurs Mutualistes or, in English, the Association of Mutual Insurers) launched what will be a two-month digital communication campaign, “Another world already exists: Mutual insurers,” dedicated specifically to young people (18 – 35 years old) to talk to them about mutuality and mutual insurers. […]

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Special AVBOB fund assists with restoration of SMMEs and NGOs

The AVBOB Disaster Relief Fund was established by South African ICMIF member AVBOB to aid various small, medium and micro enterprises (SMMEs) and non-governmental organisations (NGOs) which suffered substantial loss and damage due to the recent unrest and looting experienced in KwaZulu-Natal and Gauteng. To date, eleven of the fund’s first beneficiaries have received cumulative […]

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The Unipolis Foundation supports the launch of the first sustainable mobility manifesto by Italian schools

Fondazione Unipolis (the Unipolis Foundation) is the corporate foundation of Italian ICMIF member the Unipol Gruppo. The Foundation’s most recent project, promoted in conjunction with Cittadinanzattiva, an organisation founded in 1978, which promotes citizen activism for the protection of rights, is the fruit of the work of 2,000 students from 57 Italian schools which imagines […]

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