Latest news from the sector

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

UK charities celebrate share of GBP 1million fund thanks to Ecclesiastical and nominations from brokers

Charities up and down the UK have shared a GBP 500,000 windfall as part of Ecclesiastical Insurance Group’s Movement for Good awards. For the third year running, ICMIF member Ecclesiastical Insurance Group is giving away GBP 1million to charities through its Movement for Good awards. Members of the public were invited to nominate causes close […]

Read More

Australia’s secret to success is worth billions says BCCM’s National Mutual Economy Report

A new report is shining a much-needed spotlight on a critical part of the Australian economy which is worth billions to Australian people – that also gives them a fairer share of the pie. The report details how, in a year of unprecedented change and economic upheaval, the cooperative business model has thrived through strength […]

Read More

The Co-operators sets targets for a net-zero future

This week, Canadian ICMIF member The Co-operators announced net-zero targets for its investments and operations, joining a growing movement of financial services organisations helping to define a path for the crucial transition to a more sustainable, zero-emissions economy. The Canadian financial services cooperative, with over CAD 57.8 billion in assets under management, says it will […]

Read More

Rebuild better together: the theme for the 2021 International Day of Cooperatives

On Saturday 3 July 2021, the International Day of Cooperatives (#CoopsDay) will be celebrated. The theme this year is “Rebuild better together”. Cooperatives around the world will showcase how they are meeting the COVID-19 pandemic crisis with solidarity and resilience and offering communities a people-centred and environmentally just recovery. More than one billion cooperators worldwide […]

Read More

LB Forsikring sets clear climate goals for its investments as part of its role in the green transition

Danish ICMIF member LB Forsikring says that the DKK 8 billion that it has invested must, in future, be invested with even greater consideration for the climate, so that the member-owned insurance company, through its investments, does its part to limit the world’s CO2 emissions. This is the heart of the new climate strategy that […]

Read More

Income expands coverage of electric vehicles with new usage-based motor insurance model

ICMIF member NTUC Income (Income) is seeking to further consolidates its position as one of Singapore’s leading motor insurers by extending usage-based motor insurance (UBI) to electric vehicle (EVs) owners. Income says the UBI model not only makes motor insurance more flexible, affordable and accessible for EV owners, it also supports the company’s commitment to […]

Read More

Co-op Insurance celebrates 15 years of carbon offsetting as Co-op Group launches new net zero target

ICMIF member Co-op Insurance (UK) is marking a sustainability milestone of 15 years of offsetting CO2 car emissions – over one million tonnes – at the same time as Co-op Group unveils an ambitious new climate change action plan which will see it achieve net zero status by 2040, 10 years ahead of the Government’s […]

Read More

Royal London commits to net zero by 2050 to protect customers’ standard of living

ICMIF member Royal London (UK) has committed to actions which it says will help protect customers’ standard of living and not just focus on product outcomes. Barry O’Dwyer, Group Chief Executive said: “Our population is living longer and, unlike previous generations, we must take responsibility for funding our later lives ourselves. This coincides with a […]

Read More

MAIF renews the freeze on its auto insurance rates for 2022

Convinced that solidarity is the only viable solution to the ongoing Covid-19 crisis, ICMIF member MAIF (France) has taken exceptional measures from the start of the pandemic to help its members. As the gradual exit from the crisis began, MAIF has persevered and showed solidarity for the second year in a row. In March 2020, […]

Read More

Clean sweep for mutuals in 2021 US auto insurer rankings

Mutual insurance companies were top ranked in terms of the highest customer satisfaction among auto insurers across all 11 regions of the USA in the J.D. Power 2021 U.S. Auto Insurance Study. The annual survey from global data and analytics company J.D. Power, now in its 22nd year, examines customer satisfaction in five factors (in […]

Read More
Scroll to Top