ICMIF’s current strategy of working closely with key insurance media titles to highlight major issues affecting our members has continued with two more features appearing in a special report on Microinsurance and Mutuals in Insurance Day. Shaun Tarbuck, ICMIF CEO, and Sabbir Patel, CFO, were each asked to contribute an article to the special report. In Shaun’s article Mutual sector weathers storm better than commercial market he discusses the challenges facing all insurance providers: the ...

For some time now, ICMIF has been promoting member engagement as one of the key competencies necessary for running a successful cooperative and mutual business. But it is clear that certain membership models make it easier to engage than others. So what challenges do the various models present and what are ICMIF members doing to address them? It is pleasing to see that The Ownership Commission Report (recently published in the UK) is promoting the virtues of member engagement. The report will ...

The Ownership Commission, set up by the UK Labour government in 2010, last week published a report on its findings on British business ownership. The Commission, chaired by Will Hutton, was initially set up to look into how employee and cooperative forms of ownership might be applied in the UK public sector. The work was expanded, however, to look at British business ownership in general and the research now includes information on the mutual business model and other forms of employee ...

More than a billion people worldwide are now customer members of mutuals and cooperatives. It’s therefore unsurprising that our members continue to develop innovative ways to leverage customer benefits that are unique to the cooperative and mutual sector. Take Australia, for example. Never has ICMIF’s mantra ‘Its Our Time’ been more relevant. MDA National, a medical indemnity insurer for doctors, is now implementing the insights and ideas captured by their Head of Marketing, Michelle ...