Latest news from the sector

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

Royal London research finds 15.9m UK adults are more financially vulnerable as a result of the pandemic

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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LB Forsikring’s electric car insurance is ranked “Best in Test”

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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African Risk Capacity receives overall lowest-risk ESG rating in the insurance industry

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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The IMA Group provides record levels of support for its 45 million members during an exceptional summer

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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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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