News

Mutuo and FEPS complete first phase of European mutuals project

Peoples-business-logoMutuo has completed the first phase of its European mutuals project entitled ‘The People’s Business.’ Working closely with our project partner, the Foundation for European Progressive Studies [FEPS], the project aims to demonstrate how cooperatives and mutuals can contribute to the future of the European economy and society.

Over the course of the past few months Mutuo and FEPS have held symposiums in Brussels, Berlin, Copenhagen, Madrid, Sofia and Rome.  We have learned a great deal both from the academic community as well as the cooperative and mutual business leaders who have joined our discussions.   

Europe is facing huge policy challenges be it from immigration, to integration, to economic inequality and the environment; what we believe is clear from our deliberations is that our sector can be an important part of the solution in many of these areas.  We would like to sincerely thank all of those who have taken part in this phase.

There will be a series of further Brussels based meetings before the report is ultimately published later in 2016.

For more information on this project, please contact us.

The People’s business: Berlin symposium summary, 28th October 2015

Peoples-business-logoThe objective for meeting was to discuss with the attendees the role of coops in facing current economic and social challenges.

Interestingly through the discussions and presentations what became apparent is, rather than looking at the different sectors for our analysis it is interesting to consider the coops in their different forms of purpose i.e. as producers, consumers, trade and industry, residents, energy consumers or as banking and financial services for example. This then gives a good point of departure for our research. Read more The People’s business: Berlin symposium summary, 28th October 2015

Protecting Lives and Livelihoods: ICMIF Global Manifesto 2015 launched

ICMIF Global Manifesto

Mutuo and ICMIF have today published the ICMIF Global Manifesto.

Launched at the biennial ICMIF Conference in Minneapolis the document contains radical proposals calling upon global, regional and national institutions to play their part in:

* Ensuring an appropriate business environment for cooperative and mutual insurance
* Engaging with cooperative and mutual insurers to help to protect lives and livelihoods

View the document

For more information please visit icmif.org.

New Act of Parliament paves way for mutuals to raise capital

Redeemable-shares-14

We are delighted to announce that the Mutuals’ Deferred Shares Bill today completed its final stage in the House of Commons and will now receive Royal Assent. This is the culmination of two and a half years work of researching, drafting, negotiating and finally legislating for this landmark new law for mutual insurers and friendly societies.

Read more New Act of Parliament paves way for mutuals to raise capital

Mutuals’ Redeemable and Deferred Shares Bill achieves Second Reading in Lords

Redeemable-shares-14

The Mutuals’ Redeemable and Deferred Shares Bill has achieved its Second Reading in the House of Lords. The Bill, brought forward by Lord Naseby, will now proceed to Committee Stage and Third Reading in the Lords before making its way to  the House of Commons.

Read more Mutuals’ Redeemable and Deferred Shares Bill achieves Second Reading in Lords

Mutuo working with ICMIF to produce global Manifesto

ICMIF Logo

The twin challenges of globalisation and regional regulation mean that co-operative and mutual firms are working more closely together to influence the business environment for the benefit of their members and the communities they serve.  Mutuo is working with the International Cooperative and Mutual Insurance Federation to produce a global manifesto that will provide a framework for this activity.

Read more Mutuo working with ICMIF to produce global Manifesto

Mutuals’ Bill scheduled for Second Reading (Lords)

The Rt Hon The Lord Naseby

The Mutuals’ Redeemable & Deferred Shares Bill will be read for the second time in the House of Lords on 24th October 2014.

The Bill was introduced by Lord Naseby in the House of Lords and was read for the first time on 5th June 2014.  We are seeking Government support to allow time for the Bill to progress through both Houses.

Read more Mutuals’ Bill scheduled for Second Reading (Lords)

Cross-party group of MPs: New legislation and better regulation is required for financial mutuals

Parliamentary group mutuals

The All-Party Parliamentary Group for Mutuals has challenged the way that government and financial regulators work with mutuals.

The Group has called for a series of reforms that will enable building societies, friendly societies and mutual insurers to compete on a fair basis with PLCs.

Read more Cross-party group of MPs: New legislation and better regulation is required for financial mutuals

Nick Eyre: The Co-operative Group: The risk of a management-led oligarchy

The Co-operative Group with its ground breaking history is in the middle of a root and branch constitutional review. Not only those involved  in the Co-operative sector, but all who value the present diversity of ownership models in the UK economy should regard the success of this review as  important .

Read more Nick Eyre: The Co-operative Group: The risk of a management-led oligarchy

European Manifesto calls for action to empower mutual and cooperative insurers

Screen Shot 2014-07-08 at 14.14.22AMICE, the European Association of Mutual Insurers and Insurance Cooperatives has published a political manifesto entitled “United in Diversity” laying out the sector’s proposal for political action to enable the sector to fully exploit its potential.  The manifesto has been produced by UK based advocacy organisation, Mutuo, on behalf of AMICE members.

The European Mutual Manifesto was presented in Nice, France, by AMICE President Hilde Vernaillen to the 200 delegates at the association’s 2014 Congress.

Read more European Manifesto calls for action to empower mutual and cooperative insurers