Co-operative and mutual insurers will be represented on the Insurance Development Forum Steering Committee. The committee was formed to apply insurers’ risk expertise to the insurance-related challenges and opportunities presented by the UN Sustainable Development Goals, the Paris Climate Agreement and the Sendai Framework for Disaster Risk Reduction.
Kathy Bardswick, president and chief executive, the Co-operators Group (Canada); and Jean-Louis Davet, chief executive, MGEN (France), have been asked to join the committee, which includes leaders from the UN, the World Bank Group, the Financial Stability Board and other international institutions.
Both the Co-operators Group and MGEN are members of the International Co-operative and Mutual Insurance Federation (ICMIF), a sectoral organisation of the Alliance.
Speaking on behalf of ICMIF, chief executive Shaun Tarbuck, said: “Having been involved in discussions about the formation of the Insurance Development Forum from the beginning, I am delighted to see it finally launched. The insurance industry has needed a platform from which to influence global policymakers for some time now and I believe the IDF and the Steering Committee are uniquely placed to do this. In Kathy Bardswick and Jean-Louis Davet we have two excellent representatives for the mutual and cooperative sector on the Steering Committee that will help deliver the Post 2015 Agenda through this unique public private partnership.”
Co-operative and mutual insurers account for one third of the total insurance sector, covering more than one billion lives. Read more on ICMIF’s website.