AMICE President Grzegorz Buczkowski, said in a release: "Europeans are increasingly recognizing and placing a heightened value on the mutual/cooperative insurance approach to managing risk. In addition to the coverage offered, consumers appreciate the focus on values such as sustainability, service, democracy and support to society." (Credit: Sittinan via Adobe Stock)
Overall, mutual and cooperative insurers made up slightly more than one-third of the total European insurance market in 2020, according to a report from two European insurance trade groups, which noted mutual and cooperative insurers accounted for 29.7% of the market in 2011.
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