Latest news from the sector

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

Royal London enhances adviser and employer support through acquisition of Wealth Wizards

ICMIF member Royal London (UK) has announced the purchase of Wealth Wizards, a market-leading fintech business. Royal London says it is passionate about making guidance and financial advice more accessible and affordable and this transaction will bring together the complementary culture, skills, technology and capabilities of Royal London and Wealth Wizards. The acquisition reinforces the […]

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NFU Mutual’s Responsible Business Report highlights life changing rehabilitation approach to catastrophic injury

In its new Responsible Business Report, launched this week, ICMIF member NFU Mutual (UK) looks back at some of its 2020 support initiatives. These include GBP 1m of local frontline charity funding through the Agency Giving Fund, efforts to tackle rural crime, training for young drivers and support for the Farm Safety Foundation’s physical and […]

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Two ICMIF members recognised as industry leaders for use cases in data, analytics and AI

ICMIF members Anadolu Sigorta in Turkey, and San Cristóbal Seguros – through its online subsidiary iúnigo – in Argentina, were announced as winners of Celent’s 2021 Model Insurer Program in the Data, Analytics and AI category, recognising the effective use of technology in different areas critical to success in insurance. As insurers move into digital […]

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Folksam extends its partnership with the Swedish Athletics Association

Swedish ICMIF member Folksam and the Swedish Athletics Association have announced that they are to extend their partnership for another four years. This means that Folksam will continue to be the title sponsor of the Folksam Grand Prix event and will also step in as a partner to the Frisk Friidrott website, which is the […]

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Seguros Unimed Super App reaches 500,000 downloads

One of Seguros Unimed’s main innovations delivered in 2020 was the cooperative healthcare provider’s Super App which has just reached a total of 500,000 downloads. “The platform, available for Android and IOS, has been available to our clients since August 2020”, says Fabio Leite Gastal, medical doctor and Strategy, Management & Innovation Director at ICMIF […]

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More of the same for 1 April reinsurance renewals: Willis Re 1st View

International reinsurance renewals completed for 1 April 2021 followed trends set earlier in the season, as market pricing remained firm in virtually all classes and territories. Capacity was adequate across the board, and no substantive changes took place in negotiations over exclusionary language, according to the latest 1st View renewals report from ICMIF Supporting Member […]

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MAIF launches “Sport Planète” initiative for 2021

With its “Sport Planète” (Sport Planet) initiative, French ICMIF member MAIF says it is taking part in the development of a virtuous circle of actions around three priority areas: helping sports organisations pilot their eco-responsibility; favouring the training of professionals from the sports world on the appropriation of good practices; and raising awareness among the […]

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Latest sigma: Insurers hit by USD 89 billion of losses from disasters in 2020

According to the latest sigma report from the Swiss Re Institute, insured losses from all of last year’s disaster events around the world were USD 89 billion which the Institute says is the fifth highest on sigma records. The report’s findings show that global insured losses from natural catastrophes were USD 81 billion in 2020 […]

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LB Forsikring establishes new knowledge centre for injury prevention

A brand-new knowledge centre will help ICMIF member LB Forsikring, Denmark’s largest member-owned insurance community, find solutions that can help the company’s more than 400,000 members prevent injuries, damages or loss before they happen. The Knowledge Centre for Prevention is the name of LB Forsikring’s new initiative that will help the mutual insurer towards its […]

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Gore Mutual enhances anti-fraud capabilities in underwriting and claims

ICMIF member Gore Mutual (Canada) is currently in the midst of an ambitious transformation programme that will take the organisation from a mid-size, regional carrier to a national scale insurer underpinned by best-in-class technology and operating models in only a few short years. As part of the company’s large-scale transformation, Gore Mutual seeks to further […]

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