Latest news from the sector

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

AVBOB celebrates Nelson Mandela legacy by contributing to the fight against gender-based violence in South Africa

As a mutual society, funeral service and insurance provider, ICMIF member AVBOB (South Africa) says it is intrinsically involved in the communities it serves. Therefore, as part of this year’s Mandela Month commemorations, the group has joined the fight against Gender-based Violence (GBV) by donating to several non-government organisations (NGOs) across the country. During the first week […]

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RAC to make AUD 1 million in funding available for local governments to deliver community-based projects

Australian ICMIF member RAC has announced a new funding initiative under which it will provide up to one million Australian dollars to local governments to deliver community-based projects in Western Australia. RAC’s new Reconnect WA initiative aims to breathe new life into cities, towns and neighbourhoods, with the first funding stream — an AUD 500,000 […]

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AM Best to host its Rendez-Vous de Septembre Reinsurance Market Briefing as virtual event

ICMIF Supporting Member AM Best has announced that it will host its annual reinsurance market briefing as a virtual event on 13 September 2020, 10:15 a.m.–11:45 a.m. (CEST). This follows the cancellation of the 2020 Rendez-Vous de Septembre. This event, which will be presented as a complimentary webinar, will mirror AM Best’s popular and well-attended […]

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Securian Financial moves internship programme online to offer 40+ students a meaningful learning experience this summer

Despite having to pivot quickly to create an all-new digital experience, ICMIF member Securian Financial (USA) forged ahead with a quality summer internship experience in a virtual environment. Whilst many companies in the USA had to reconsider their internship programs, Securian Financial says it is fortunate to be in an essential industry and was therefore […]

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Vaudoise launches products and services to complement existing insurance products

ICMIF member Vaudoise Assurances (Switzerland), has launched a range of products and services which it says are complementary to the mutual’s existing insurance business. Specifically, these include the development of new service ecosystems for individuals and companies in the areas of health, animals, assistance and administrative services for companies. The development of these activities sits […]

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World Council of Credit Unions announces new Chair at 2020 Annual General Meeting

ICMIF member The World Council of Credit Unions (WOCCU) this week announced its new Chair as RafaÅ‚ Matusiak, President of the National Association of Co-operative Savings and Credit Unions (NACSCU – Poland). The announcement was made at the 2020 Annual General Meeting which was held virtually due to the COVID-19 pandemic. Over 90 delegates from around […]

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Sancor Seguros launches Argentina’s first public trust to invest in sci-tech start-ups

ICMIF member the Sancor Seguros Group has launched Argentina’s first public trust for investments in early stage sci-tech start-ups. The investment trust is being offered through CITES, Sancor Seguros Group’s own venture capital initiative and the only one in Latin America. The investment trust has a nominal value of up to USD 24 million and […]

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La Mobilière policyholders to receive a share of EUR 175 million surplus fund

Swiss ICMIF member La Mobilière has announced that over the forthcoming period 2020-2021, the company’s vehicle, business and travel insurance policyholders will benefit from an optional payment from the company’s surplus fund. The rebate is not paid in cash but takes the form of a premium reduction of at least 10%. Year after year, subject […]

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MAIF offers the option of remote working to all its employees

French ICMIF member MAIF has held a long-term commitment to a management style which is based on trust and which is in turn based on the empowerment of its employees. As an extension of this commitment, MAIF has announced that the organisation is now making remote working possible for 100% of employees (except for some […]

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San Cristóbal wins industry awards for fraud detection utilising artificial intelligence and digital transformation leadership

Earlier this year, ICMIF member San Cristóbal Seguros (Argentina) was announced as the winner of the 2020 Celent Model Insurer Award in the category for Data, Analytics, and AI, recognising innovations by the insurer in its fraud detection processes using computer vision and deep learning. The global Celent Model Insurer Awards recognises the effective use […]

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