Aviva has received approval for membership of a leading mutual insurance body as it continues to drive its ESG Investment strategy.
The underwriter’s global asset management business, Aviva Investors, has been approved as a member of the International Cooperative and Mutual Insurance Federation (ICMIF), the global representative body of the cooperative and mutual insurance sector.
Under the approval system Aviva Investors will become a ‘Supporting Member’, joining a group of five other companies from around the world. Supporting Members are suppliers considered important to the member-owned insurance sector. They work in partnership with the Federation and its members in helping to grow and advance the mutual and cooperative insurance sector.
Euan Munro, Chief Executive Officer at Aviva Investors, said: “We are delighted to be accepted as a member of ICMIF. This has come in recognition of our environmental, social and governance work, which is integrated throughout our investment activities and strategies. Our core values complement those of ICMIF and its membership. By working together, we can grow awareness and understanding on the key issues we face as an industry and, collectively, shape its long-term future.”
Shaun Tarbuck, Chief Executive at the International Cooperative and Mutual Insurance Federation, added: “We welcome Aviva Investors as a Supporting Member of ICMIF. Responsible investment and ESG are increasingly important to our members, having recently undertaken a consultation and subsequently formed a series of working groups with the UN. Aviva Investors is one of the leading brands in this area and can help ICIMF and our members take meaningful strides in tackling critical issues that go beyond the borders of our industry.”