Europe’s mutual sector has demonstrated the sustainability of its model amid an increasingly challenging operating environment, according to a new report from ICMIF Supporting Member AM Best. As regulatory and competitive pressures increase, European mutuals have used a variety of structures in their attempts to gain scale, resulting in the creation of leading groups in […]
Read MoreIn an effort to deliver effective and innovative loss control solutions to commercial auto insurance customers, American ICMIF member EMC Insurance Companies (EMC) has collaborated with Mobileye, a subsidiary of Intel Corporation, to offer collision avoidance systems with preferred pricing for policyholders. The Mobileye 8 Connect technology uses real-time and a forward-facing camera and artificial […]
Read MoreICMIF member Simplyhealth, a leading UK health and dental plan provider, has launched a new, free to download app, SimplyPlan, designed to enable members to claim money back on their Simplyhealth plan quickly and easily, all from the palm of their hand. SimplyPlan is available to both consumer and corporate Simplyhealth customers. Making a claim […]
Read MoreAchmea can now deal with increasing storm damage claims faster with a new national roof tile network
In the event of a severe storm or hailstorm, Achmea can receive up to 10,000 additional damage reports from policyholders, almost half of which concerns damage to roofs. Because Achmea believes the number of storms and hailstorms will increase due to climate change, the cooperative insurer was the first in the Netherlands to set up […]
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