Latest news from the sector

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

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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Beneva adopts long-term WFH approach based on employee trust and respect

Earlier this month, Canadian ICMIF member Beneva became one of the first companies in Quebec’s insurance and financial services sector to unveil the key strategies characterising the future of work for its employees. Beneva will stand out for its structured hybrid approach, which is based on mutual respect and trust. The unprecedented situation caused by […]

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New research by Ecclesiastical finds specialist brokers have the edge on their rivals

Nine out of ten specialist brokers believe they have a competitive advantage over their rivals, according to new research by ICMIF member Ecclesiastical Insurance. The study by the specialist insurer, which sought to understand the power of specialising, found that around half of brokers in the UK market (52%) identify as a specialist. Why specialise? […]

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R+V Versicherung launches internal fundraising campaign to support workers in aftermath of floods in Germany

Across many flooded villages in Germany, hundreds of people have recently lost their homes. In response to this disaster ICMIF member R+V Versicherung has declared that solidarity is the order of the day. Therefore the mutual insurer, together with the R+V STIFTUNG (R+V Foundation), has launched the “We help the helpers” fundraising campaign, in which […]

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Cornish Mutual rolls out hay fire prevention trial with Members

ICMIF member Cornish Mutual (UK) has strengthened its farm fire safety message with an innovative new trial. Farm fires can see lives lost and livelihoods ruined, so Cornish Mutual has launched a pilot to help its Members prevent fires. The latest efforts are aimed at combatting hay fires, which can start suddenly and cause huge […]

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