At the International Cooperative and Mutual Insurance Federation's (ICMIF) general meeting in late October, Rob Wesseling was appointed as the new Chair for a four-year term. He is also president and CEO of The Co-operators. He replaces Hilde Vernaillen of Belgium, president and CEO of P&V and Vivium.
“Together, we're actively working towards a resilient, sustainable, and equitable future and I believe that, by working towards ambitious and aggressive targets in areas such as disaster risk reduction, sustainable development, and responsible investing, we will have a catalytic impact on the global insurance industry and, eventually, the economy as a whole,” Wesseling said following his appointment.
Wesseling is also Chair of the ICMIF Foundation, the charitable arm of ICMIF. He recently signed an agreement the United Nations Development Programme (UNDP) launching the Insurance Innovation Challenge Fund. “The Fund, initially funded with USD $600,000, will enable mutual insurance initiatives to strengthen financial resilience of people with low income," said the statement announcing Wesseling’s appointment.
Based in England, ICMIF is comprised of 197 insurance companies in 60 countries and provides market information and networking.