Turkish ICMIF member Anadolu Sigorta is contributing to the digitalisation of the insurance sector with the launch of its new Open Insurance Platform. Individuals and new ventures in the financial and insurance sectors are invited to use the open source platform to create new products and customer experiences, as Anadolu aims to grow the digital […]
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United Nations Secretary-General António Guterres has on several occasions highlighted the importance of the Net-Zero Asset Owner Alliance’s work for the climate. Recently, Folksam’s CEO and ICMIF Board Member Ylva Wessén was invited to a meeting to discuss the financial industry’s role in the transition to a more sustainable world. ICMIF member Folksam (Sweden) has […]
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According to the Summary of Natural Catastrophe Events 2020 published this week by ICMIF’s Supporting Member Willis Re, insured losses from major natural catastrophes in 2020 reached roughly USD 78 billion, the fourth largest total since 2011, and about 17% higher than the ten-year average of USD 66.5 billion. However, the total does not reflect […]
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ICMIF member The Wawanesa Mutual Insurance Company (Wawanesa) is to transition from on-premises deployment to Guidewire Cloud, simplifying IT operations and delivering more value to brokers and policyholders Wawanesa, a mutual insurer based in Canada, and Guidewire Software, Inc. a platform used by P&C insurers to engage, innovate, and grow efficiently, last month announced that […]
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US ICMIF member EMC Insurance Companies has earned a 2021 Top Workplaces USA award from Energage, an organization focused on building and branding Top Workplaces across the country. This is the inaugural year for Top Workplaces USA, built on the program’s 14-year history surveying more than 20 million employees across 54 markets for regional Top […]
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Despite the challenges faced by the (re)insurance sector in 2020 and the relatively slow start to InsurTech funding for the year, global investment in the sector reached a new accumulated annual high of USD 7.1 billion for 2020, through 377 deals, the most in any year to date, according to the new Quarterly InsurTech Briefing […]
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Singapore-based ICMIF member NTUC Income (Income) is targeting to recruit 1,200 new financial advisors with the launch of its Sales Management Associate (SMA) programme. Designed to groom participants, such as fresh graduates and mid-career job seekers, with little to no financial advisory experience, to become sales specialists and leaders in the insurance industry, Income says […]
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Canadian ICMIF member The Co-operators has announced that it will provide virtual healthcare services to its group benefits clients across Canada, available 24 hours per day, seven days per week in both official languages. Through an agreement with EQ Care, recently acquired by TELUS Health, The Co-operators is providing remote support to plan sponsors in managing the […]
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At the end of last year, Australian ICMIF member The Business Council of Co-operatives and Mutuals (BCCM) launched two new reports on the competitive advantage of the Australian cooperative and mutual sector. A new report, Leading the Resilience, provides insight into how cooperative and mutual enterprises in Australia have responded to the turbulence caused by […]
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Canada’s small businesses are the backbone of the country’s local communities and as such will play a key role in driving economic recovery once the pandemic ends. But many have been hit hard and need support to adapt to the current provincial lockdowns and other restrictions and to rebuild for the future. That’s why Canadian […]
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