Latest news from the sector

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

AVBOB champions education and literacy in South Africa

What better way is there to celebrate a successful work year than at a relaxing year-end event? Getting together with one’s colleagues and sharing a meal while taking the opportunity to express gratitude and appreciation to one another is ordinarily the perfect way to cap off a work year. However, for the Information Communication Technology […]

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Achmea continues its commitment to sustainable mobility through investment in electric car subscription company

ICMIF member Achmea (Netherlands), through the Achmea Innovation Fund, has acquired an interest in Onto, Europe’s largest subscription service in the field of electric vehicles (EVs), as one of a group of new investors in this technology-driven company from the UK. This investment fits in with Achmea’s strategy in the field of clean, safe and […]

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Severe weather events drive global insured catastrophe losses of USD 42 billion in first half of 2021, Swiss Re Institute estimates

A deep winter freeze, hailstorms and wildfires contributed to natural catastrophe losses of USD 40 billion in the first half of 2021, according to Swiss Re Institute’s preliminary sigma estimates*. This is above the previous ten-year average of USD 33 billion and the second highest on record for a first half after 2011, when major […]

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Simplyhealth campaign focuses on improving men’s mental health and fostering open, honest conversations on health

ICMIF member Simplyhealth’s latest campaign ‘Everyman’s Health Matters’ delves into men’s reluctance to talk about their mental health with insightful survey and high-profile webinar. 53% of men in the UK believe their mental health and physical health are equally important, but more than 80% find it easier to talk about their physical health than their […]

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Ecclesiastical launches sensor technology proposition to prevent water leakage and electrical fire risks

ICMIF member Ecclesiastical Insurance has launched a new proposition, Ecclesiastical Smart Properties, which uses cutting-edge technology to protect some of the UK’s most iconic properties. In a first of its kind scheme, the specialist insurer is rolling out the risk management technology to select heritage, education and faith customers. Properties will have unobtrusive, battery operated […]

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New partnership for 1 Cooperative Insurance System of the Philippines (1CISP) to boost lending confidence and financial inclusion

ICMIF member 1 Cooperative Insurance System of the Philippines (1CISP) and its partner TraXion Tech have reached an agreement with the information and insights company TransUnion to extend its solutions to cooperatives in underserved and underbanked areas in the Philippines. Member-cooperatives of 1CISP will have access to richer data solutions, which will therefore enable them […]

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CLIMBS launches enhanced ‘Weather Protect Insurance’ for farmers aided by fellow ICMIF member IBISA

Last week, ICMIF member CLIMBS (Philippines) officially launched an enhanced Weather Protect Insurance product for farmers and agripreneurs with global partners IBISA (Luxembourg), also an ICMIF member, Global Parametrics, and CIAT (International Center for Tropical Agriculture). ICMIF is also supporting the collaboration through the provision of technical assistance. The launch event took place on Thursday […]

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Unipol launches Italy’s first “Try-Before-You-Buy” motor insurance programme

Italian ICMIF member Unipol Group, through its direct insurance brand Linear Assicurazioni, has partnered with smartphone telematics provider Cambridge Mobile Telematics (CMT) to launch the first “Try-Before-You-Buy” programme for Italian drivers. Since starting the first telematics programme in 2005, Unipol has become the world’s largest provider of telematics-based insurance policies, with more than four million […]

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NTUC Income launches TRIBE, Singapore’s first subscription-based insurance that offers on-demand adaptability with no lock-in periods

Last week. ICMIF member NTUC Income (Income) became the first insurer in Singapore to offer insurance in customisable subscription packs with no lock-in periods. TRIBE by Income gives customers control of the insurance protection they need, based on their lifestyles, and at the price they want At launch, TRIBE offers three modular insurance packs – […]

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CAMIC members support the DHAN Foundation in India in act of solidarity amongst Canadian mutuals

Earlier this year, the ICMIF Foundation launched an appeal to ICMIF members to ask them to support Indian ICMIF member and ICMIF Foundation project partner the DHAN Foundation in its work supporting communities during the COVID-19 pandemic. At the time of the appeal, the DHAN Foundation had alerted the ICMIF Foundation to the scarcity of […]

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