Insurance Co-ops featured this week

During the whole of week commencing Saturday, June 9, Stories.coop stories of the day will all feature insurance cooperatives.

The majority of the stories feature International Cooperative and Mutual Insurance Federation (ICMIF) members including: Tajy (Paraguay), SSVMN (Costa Rica), P&V (Belgium) and The Co-operators (Canada) amongst others. Here is an introduction to just one of the stories to be featured.

Tajy is an ICMIF member and a cooperative insurer in Paraguay. Visitors to the stories.coop site will be able to read the story of how they collaborated with another ICMIF member, Grupo Aseguradora La Segunda (Argentina), to help Paraguayan farmers who were faced with the havoc caused by a severe drought in 2008. Grupo Aseguradora La Segunda contributed the expertise it had gained providing insurance to Argentinean farmers for 78 years. This success of working with these farmers has in turn allowed Tajy to move into new business areas. Demonstrating the success of the model, the number of soya producers insured in Paraguay jumped 359 per cent from 2010-2011.

Read more from this ICMIF news story on the ICMIF website.

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