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Capricorn gives record profits back to members

While most organisations charge membership fees, Australia’s largest motoring cooperative Capricorn Society is doing things very differently, paying its members a record AUD 71 million in the 2021 financial year.

Capricorn Society is the parent company of ICMIF member Capricorn Mutual: a non-profit mutual established to provide Capricorn Society members and their associates a competitive alternative to insurance. Capricorn Mutual offers market leading protections tailored to the motor trades industry.