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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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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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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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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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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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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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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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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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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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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