Mutual insurers can differentiate through purpose-led strategies, member centricity, value creation and social responsibility says a new report from ICMIF Supporting Member EY. Following a review of the global mutual insurance market, the EY global insurance mutual market scan reveals what sets mutual and cooperative insurers apart from stock carriers. EY’s scan found that mutual […]
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Australian ICMIF member RAC and the City of South Perth have been celebrating the success of Australia’s first and longest-running public trial of driverless vehicles, with 31 August 2021 marking five years since the RAC Intellibus® started carrying passengers on public roads. On 31 August 2016, with support from the State Government and City of […]
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German ICMIF member R+V Versicherung has received the prestigious Marken Award 2021 brand award for the best brand relaunch in 2021 for its “You are not alone” campaign. With its stance “Against egoism; for the community” and the claim “You are not alone”, the jury for the awards felt that R+V Versicherung had successfully repositioned […]
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Sontiq, the provider of Intelligent Identity Security, has announced it was named the winner of a Gold Stevie Award in the International Expansion category of the 18th Annual International Business Awards (IBAs). The International Business Awards are the world’s premier business awards programme and this prestigious honour recognises the strength of Sontiq’s international expansion through […]
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This week, ICMIF Supporting Member Willis Re published its latest assessment of global (re)insurers’ financial health. This short report summarises key themes emerging from global (re)insurers’ 2021 H1 results and has been prepared by Willis Re’s Strategic and Financial Analytics teams. The key takeaways from the report are: Continued favourable pricing, particularly for commercial lines […]
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Canadian ICMIF member The Mutual Fire Insurance Company of British Columbia has been recognised as one of the best insurance carriers in Canada, achieving a Five-Star rating in Insurance Business Canada’s sixth annual broker survey. Each year, Insurance Business Canada asks hundreds of insurance brokers from across the country how well insurance companies are meeting […]
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ICMIF member Royal London (UK) has launched the Changemakers campaign and announced the 10 social enterprises it will fund to help build financial resilience in the UK and Ireland. According to new research from the mutual insurer, the pandemic has caused a dramatic rise in the UK’s financial vulnerability with 15.9 million* people (30%) saying […]
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The Danish Consumer Council Think regularly tests insurance and makes recommendations for where Danes can get the best insurance. For the first time, they have made a major test of insurance for electric cars on the Danish market, and Lærerstandens Brandforsikring, part of ICMIF member LB Forsikring has been named “Best in Test”. Sales of […]
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ICMIF member African Risk Capacity (ARC) Limited has received the global insurance industry’s top overall environmental, social and governance (ESG) score. The ESG evaluation by Sustainalytics is a comprehensive assessment of a company’s preparedness to meet future risks and opportunities linked to ESG factors, such as climate change, regulatory risk and reputational issues. Sustainalytics’ ESG […]
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Since the easing of lockdown measures in France, initiated in May 2021, ICMIF member the IMA Group (Groupe IMA) has seen a very significant recovery in its activity. Over the weeks, the number of trips made by its members reached a level 11% higher than in June 2019. This corresponded to 40,000 cases of members […]
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