Latest news from the sector

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

Río Uruguay Seguros launches extensive inclusive insurance programme

Wednesday 3 February marked the official launch (online) of the Inclusive Insurance Shops programme, by Argentinian ICMIF member Río Uruguay Seguros (RUS) and Estacubierto that promotes social and labour inclusion through insurance. The first stage of this initiative was the opening of commercial premises in the Buenos Aires neighbourhoods of Carlos Mugica and La Juanita, […]

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Apprentices at ‘Exceptional workplace’ NFU Mutual share their experiences for UK National Apprenticeship Week

Last week was National Apprenticeship Week 2021 in the UK and ICMF member NFU Mutual asked some of its past and current apprentices to explain how their apprenticeship is helping them to build their future. Apprenticeship Programmes have been available to both external candidates and existing employees within NFU Mutual since April 2017. To date, more […]

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PPS Profit-Share benefit gets an added booster

South African ICMIF member Professional Provident Society (PPS) has enhanced its unique Profit-Share benefit by adding a Cross-Holdings Profit-Share Booster. This will see members with qualifying products who hold up to three PPS subsidiary and affiliate products getting extra booster benefits on their existing Profit-Share earnings from PPS’s annual operating profits and investment returns. “At […]

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P&V Group offers full and free insurance cover for vaccination centres in the towns and cities that it insures

Across Belgium, around 160 vaccination centres are being set up. The 76 towns and municipalities that are insured by Belgian ICMIF member the P&V Group can now count on free coverage for the vaccination centres which are being established in their territories, both in terms of development and operation of the centres. The free insurance […]

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NFU Mutual pledges GBP 2.75m to UK charities as ongoing crisis drives need for support

In response to the ongoing challenges faced by communities across the UK, ICMIF member and rural insurer NFU Mutual has today announced GBP 2.75m of funding for local and national charities in 2021. The insurer will be donating GBP 2m to local charities through its Agency Giving Fund and pledging GBP 1m to the NFU […]

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LB Forsikring survey shows many people would be happy to receive recycled items as a form of compensation

A recent survey by Danish ICMIF member LB Forsiking has shown that many people would be happy to receive a recycled mobile phone from their insurance company as a replacement for one they are making a claim for. As many as 48% of the respondents in the survey stated that they would feel very good […]

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Anadolu Sigorta looks to grow InsurTech ecosystem through new open API platform

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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Folksam CEO meets with UN Secretary-General to discuss the Net-Zero Asset Owner Alliance

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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Above-average annual insured natural catastrophe losses in 2020 despite multiple ‘near-misses’

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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Wawanesa moves to the cloud to simplify IT operations and add value to brokers and policyholders

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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