In the face of rising cyber threats, Sontiq’s Cyberscout® insurance services are now providing comprehensive and differential support to personal and small business insurance providers including, as announced this week, ICMIF member Univé, a large cooperative insurer in the Netherlands. Sontiq and Univé have partnered to provide 1.1 million Univé members with immediate access to […]
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In line with its mutualist strategy, ICMIF member Vaudoise Assurances (Switzerland) pays out part of its profits in the form of rebates to its policyholders. Based on its positive financial results in 2020, the company announced a profit sharing of CHF 40 million with non-life policyholders, corresponding to a 20% premium rebate for liability and […]
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The latest edition of Peak Insights “Asia demographic trends: elders and millennials” from Clarence Wong, Chief Economist at ICMIF Supporting Member Peak Re, focuses on Asia’s ageing population and the implications they see arising from the slowdown in population growth, and the simultaneous ascension of the millennials who Peak Re believes will add to the […]
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As part of the actions for the 15th anniversary of its CSR Programme, ICMIF member Sancor Seguros (Argentina) developed a playful proposal through which it could share the concepts of its innovative “Sustainable Citizen” programme. The result is a virtual game called “Ser Sustentable” (“Be sustainable” in English), and it is hoped that playing the […]
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As fundraising activity in the global InsurTech sector continues to rebound from its brief COVID-19 related slowdown a year ago, global investment in the sector reached a new quarterly high of USD 2.55 billion during the first quarter of 2021. The number of mega-rounds reached eight, more than any other three-month period, according to the […]
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Swedish ICMIF member Folksam has recently published new climate targets for 2025 for the mutual’s investment portfolios, where the climate footprint from equities, corporate bonds and real estate will be reduced by 29 percent. The emissions target will primarily be achieved by engaging with current holdings and influencing companies to reduce their emissions. In addition, […]
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ICMIF member and rural insurer NFU Mutual has been named as one of the UK’s top 25 companies of 2021 by professional networking site LinkedIn. LinkedIn’s Top Companies is an annual list that reveals where professionals want to work and identifies the best employers that help grow careers. As well as tracking how career and […]
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In a new, first-of-its-kind joint report, From protection to prevention: The role of cooperative and mutual insurance in disaster risk reduction, the International Cooperative and Mutual Insurance Federation (ICMIF) and the United Nations Office for Disaster Risk Reduction (UNDRR) identify seven practical mechanisms for how the cooperative and mutual insurance sector can help drive prevention […]
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ICMIF member Royal London (UK) has launched a social innovation programme working with social enterprises, dedicated to creating and investing in bold new ways of building financial resilience to life shocks. The Changemakers programme aims to develop innovative solutions to life shocks by bringing Royal London together with experts in social innovation and people with […]
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For some companies, corporate social responsibility is little more than a box-ticking exercise. For PG Mutual (UK), one of ICMIF’s newest members, being socially and environmentally aware is firmly part of the company’s DNA. PG Mutual has been protecting its members for over 90 years and has a long tradition of being a socially responsible […]
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