The document provides information about FERMA, a network of 21 risk management associations from 20 European countries representing nearly 4,800 risk managers. It details FERMA's activities including advocacy, education, research, and events. It also provides brief summaries of several member associations, including information on their governance, activities, and members.
Risk Manager, a career central to corporate strategy
The job of Risk Manager is becoming increasingly cross-disciplinary and digital in response to a fast-changing economic and regulatory environment.
44% of respondents can contact the CEO directly
56% of respondents believe their role is increasingly recognised internally
53% of respondents think that the risk manager is becoming the risk conductor by consolidating risk information to give a clear and comprehensive view to the senior management
Ferma report: Artificial Intelligence applied to Risk Management FERMA
FERMA brought together a group of experts from within and beyond the risk management community to develop the first thought paper about AI applied to risk management.
Their aim was to perform an initial assessment of the potential value of AI to improve enterprise risk management (ERM), and second, to understand how risk managers can be key actors in highlighting to the organisation leadership the opportunities and challenges of AI technologies.
The working group expects that corporate risk management will benefit from AI in several areas. “From its ability to process large amounts of data to the automation of certain risk management repetitive and burdensome steps, AI could allow risk managers to respond faster to new and emerging exposures. By acting in real time and with some predictive capabilities, risk management could reach a new level in supporting better decision making for senior management.”
This paper aims to guide risk managers on applying AI from a basic understanding to developing their own strategy on the implementation of AI. It includes an action guide and a template for risk managers to develop their own AI risk management roadmap.
Ferma PwC European Risk Manager Report_ full set results 2018FERMA
Risk Manager, a career central to corporate strategy
The job of Risk Manager is becoming increasingly cross-disciplinary and digital in response to a fast-changing economic and regulatory environment.
FERMA ECIIA Cyber Risk Governance report 29 June 2017FERMA
The report, "At the junction of corporate governance and cybersecurity", aims primarily at supporting European organisations in meeting their obligations under the EU General Data Protection Regulation and Network Information Security Directive.
The report calls for the creation of cyber risk governance groups, chaired by the risk manager, to operate across functions within the enterprise. The role of the group is to determine the potential cost of cyber risks across the whole organisation, including catastrophic risk scenarios, and propose mitigation measures to the risk committee and the board. In addition to the risk managers, the group is to be composed of representatives of all key functions at an enterprise level involved in digital risk, notably IT, human resources, communications, finance, legal and the data protection officer (DPO) and chief information security officer (CISO). Internal audit will provide the necessary assurance to the board that the cyber risk controls are operating effectively.
FERMA European Risk and Insurance Report (ERIR) 2016FERMA
FERMA's 2016 European Risk and Insurance Report (ERIR) is gathering the views of more than 600 European risk managers at a time of major changes in Europe.
The findings of this report, combined with FERMA’s mission and strategy, will shape our activities over the next two years.
One of the priorities that our members see for FERMA is to strengthen the professional standing of risk managers in Europe, and FERMA’s professional certification programme rimap® will be an important contribution to achieving that objective.
FERMA’s 2016 European Risk and Insurance Report is a source of valuable information and topics for further discussion to build the profession.
FERMA European risk and insurance report 2016 - full set of resultsFERMA
FERMA's 2016 European Risk and Insurance Report is designed to serve as a high-level overview for risk
and insurance managers and other executives. Our analysis includes benchmarking information drawn from
respondents across a variety of industries and companies. The data, therefore, reflects general trends about
the profession.
Country-by-Country Reporting proposal - Working Breakfast 28 June 2016FERMA
On 28 June 2016, MEP Jeppe Kofod hosted a working breakfast meeting today at the European Parliament about the proposal published on 12 April 2016 by the European Commission to extend country-by-country financial reporting to most multinational groups operating in the EU.
The European Confederation of Institutes of Internal Auditing (ECIIA) and FERMA stated that Internal auditors and risk managers have a key role to play in ensuring that future financial transparency standards are well understood, embedded into the strategy of large corporations and become a source of competitive advantage.
Risk Manager, a career central to corporate strategy
The job of Risk Manager is becoming increasingly cross-disciplinary and digital in response to a fast-changing economic and regulatory environment.
44% of respondents can contact the CEO directly
56% of respondents believe their role is increasingly recognised internally
53% of respondents think that the risk manager is becoming the risk conductor by consolidating risk information to give a clear and comprehensive view to the senior management
Ferma report: Artificial Intelligence applied to Risk Management FERMA
FERMA brought together a group of experts from within and beyond the risk management community to develop the first thought paper about AI applied to risk management.
Their aim was to perform an initial assessment of the potential value of AI to improve enterprise risk management (ERM), and second, to understand how risk managers can be key actors in highlighting to the organisation leadership the opportunities and challenges of AI technologies.
The working group expects that corporate risk management will benefit from AI in several areas. “From its ability to process large amounts of data to the automation of certain risk management repetitive and burdensome steps, AI could allow risk managers to respond faster to new and emerging exposures. By acting in real time and with some predictive capabilities, risk management could reach a new level in supporting better decision making for senior management.”
This paper aims to guide risk managers on applying AI from a basic understanding to developing their own strategy on the implementation of AI. It includes an action guide and a template for risk managers to develop their own AI risk management roadmap.
Ferma PwC European Risk Manager Report_ full set results 2018FERMA
Risk Manager, a career central to corporate strategy
The job of Risk Manager is becoming increasingly cross-disciplinary and digital in response to a fast-changing economic and regulatory environment.
FERMA ECIIA Cyber Risk Governance report 29 June 2017FERMA
The report, "At the junction of corporate governance and cybersecurity", aims primarily at supporting European organisations in meeting their obligations under the EU General Data Protection Regulation and Network Information Security Directive.
The report calls for the creation of cyber risk governance groups, chaired by the risk manager, to operate across functions within the enterprise. The role of the group is to determine the potential cost of cyber risks across the whole organisation, including catastrophic risk scenarios, and propose mitigation measures to the risk committee and the board. In addition to the risk managers, the group is to be composed of representatives of all key functions at an enterprise level involved in digital risk, notably IT, human resources, communications, finance, legal and the data protection officer (DPO) and chief information security officer (CISO). Internal audit will provide the necessary assurance to the board that the cyber risk controls are operating effectively.
FERMA European Risk and Insurance Report (ERIR) 2016FERMA
FERMA's 2016 European Risk and Insurance Report (ERIR) is gathering the views of more than 600 European risk managers at a time of major changes in Europe.
The findings of this report, combined with FERMA’s mission and strategy, will shape our activities over the next two years.
One of the priorities that our members see for FERMA is to strengthen the professional standing of risk managers in Europe, and FERMA’s professional certification programme rimap® will be an important contribution to achieving that objective.
FERMA’s 2016 European Risk and Insurance Report is a source of valuable information and topics for further discussion to build the profession.
FERMA European risk and insurance report 2016 - full set of resultsFERMA
FERMA's 2016 European Risk and Insurance Report is designed to serve as a high-level overview for risk
and insurance managers and other executives. Our analysis includes benchmarking information drawn from
respondents across a variety of industries and companies. The data, therefore, reflects general trends about
the profession.
Country-by-Country Reporting proposal - Working Breakfast 28 June 2016FERMA
On 28 June 2016, MEP Jeppe Kofod hosted a working breakfast meeting today at the European Parliament about the proposal published on 12 April 2016 by the European Commission to extend country-by-country financial reporting to most multinational groups operating in the EU.
The European Confederation of Institutes of Internal Auditing (ECIIA) and FERMA stated that Internal auditors and risk managers have a key role to play in ensuring that future financial transparency standards are well understood, embedded into the strategy of large corporations and become a source of competitive advantage.
Whistleblowing how to manage reputational risks - 8th webinar 16 nov 2017FERMA
Companies need to incorporate whistleblowing procedures into their corporate culture. Whistleblowing is an instrument used to reinforce trust inside the company and to strengthen corporate culture.
It helps to safeguard and uphold tenets such as corporate integrity, anti-corruption, anti-bribery regulations and codes of ethics. It also forms a key means of addressing wrongdoing and dysfunctional behaviour.
The participants were Michel de Fabiani (Non-Executive Director Valeo/Valco/Ebtrans), Kate Kenny (Professor in Management and Organisation Studies at Queen’s University Belfast), Richard Eveleigh (AIG) and Alex Lowe, Senior Associate for Mills & Reeve LLP.
The webinar was moderated by Dr. Roger Barker, Senior Consultant, Institute of Directors, IoD, UK.
The webinar covered:
- How is whistleblowing integrated in the corporate culture? What type of education/training is needed to support the process?
- With the whistleblower phenomenon increasing, institutions have started taking measures to handle it. What are the best practices?
- The role division / allocation between internal auditors, risk managers and board members.
European Risk Management Seminar 2018 - Sustainability ReportFERMA
FERMA’s aim in focussing on sustainability in our 2018 European Risk Management Seminar and in publishing this report is to strengthen the risk manager in ensuring the sustainability of our organisations and ultimately our societies.
GDPR & corporate governance: The Role of Internal Audit and Risk Management O...FERMA
This paper is a collaboration between FERMA and the European Confederation of Internal Audit Institutes ECIIA and focuses on the impacts of the GDPR on corporate governance practices in the year following its implementation. Most specifically, it looks at the roles played by internal audit departments and risk management functions.
European Risk Management Seminar 2018 - Cyber Report FERMA
Not long ago, it seemed like we could be heading for cybergeddon; the forecasts about the threats from cyber space posed such a threat to the digital revolution. Today, as this report illustrates, we are finding a way to make cyber risk manageable, quantifiable and insurable.
Webinar: the role of risk management in corporate resilience FERMA
FERMA and McKinsey will present the findings of our survey into resilience and risk management. The objective is to give risk and insurance professionals a richer understanding of resilience in a strategic and practical way. Two leading risk managers will discuss the results of our survey and will reflect more broadly on the link between risk and resilience. By the end of the webinar, you will be well versed in resilience from an enterprise risk management perspective.
To support the launch of this strategic vision, FERMA has on 23 June published the first guide about its network of member national associations. This booklet highlights the distinctive role of the network and strengthens the image of FERMA and the associations
This new edition of the Cyber Risk Governance Report includes a case study that illustrates how our cyber risk governance model works in practice.
FERMA has made the ongoing digital transformation a priority for our advocacy work for several years now.This is why, in 2017, we launched one of the first European cyber risk
governance models jointly with our European colleagues and internal auditors from the ECIIA.
Events since then have only strengthened our view that corporate governance models will quickly become obsolete if they do not embed governance for cyber risks under the leadership of a risk and insurance professional.
Interview of the 10 presidents since 1974 including an exhaustive timeline with all important events since FERMA’s creation (Forum, Seminar, position paper, Benchmarking surveys,…).
Quotes from national associations and stakeholders.
People, Planet & Performance: sustainability guide for risk and insurance man...FERMA
On 31 March, FERMA releases the first guide specifically for European risk managers on sustainability risks.
People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management.
European Trends in Travel Risk Management 2015FERMA
FERMA and International SOS outline risk and insurance managers’ responsibilities to travelling employees and expats
Managing health, safety and security risks to workers on international travel and assignment is the subject of a new paper from the Federation of European Risk Management Associations (FERMA) and International SOS, the world’s leading medical and travel security risk services company.
A survey earlier this year led by FERMA and International SOS, confirms that Travel Risk Management is on the agenda for 79% of the risk and insurance managers polled. FERMA and International SOS have, therefore, developed the paper to help risk and insurance managers better understand their responsibilities towards work-related international travel and assignments.
The document identifies the Risk Manager as a pivotal influencer in evaluating effective Travel Risk Management solutions. As noted in the paper: “The risk manager’s holistic perception of the medical, security and insurance aspects is critical to considering efficient solutions and practical responses to any situation an organisation might face when sending workers abroad.”
European Risk managers have helped maintain the continuity of their organisations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible and begun work on recovery, according to a survey published by the Federation of European Risk Management Associations (FERMA): https://www.ferma.eu/publication/covid-19-ferma-survey-shows-risk-managers-contributions-to-response-and-resilience/
Following the launch in 2015 of a first joint paper “TRAVEL RISK MANAGEMENT 2015: EUROPEAN TRENDS”, FERMA and the International SOS Foundation is pleased to announce the publication of a new paper to help risk managers better mitigate health, safety and security risks for their mobile workers.
FERMA ECIIA Joint Guidance - "Audit and Risk Committees: News from EU Legisla...FERMA
The Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA) have responded to increased EU requirements for more corporate transparency with a new joint guidance document on the 8th Company Law Directive launched on Monday 20 October during the FERMA Seminar.
Audit and risk committees are on the frontline of the transparency rules enacted by the EU over the last five years.
The new guidance document “Audit and Risk Committees:News from EU Legislation and Best Practices” examines specifically how these committees should support their board and be supported by the two professions: risk managers and internal auditors.
The Guidance identifies 10 possible responsibilities to share between audit and risk committees and is meant to help boards of companies and the chairmen of audit and risk committees to handle the increased EU requirements on financial and non-financial transparency.
The role of risk management in corporate resilienceFERMA
The report presents the views of risk and insurance professionals and senior executives about a post-pandemic view of resilience management in their organisations across sectors globally in the summer of 2021.
FERMA contribution to the French Presidency agendaFERMA
FERMA thought paper highlights the links between its work and the priorities of the French Presidency in three key areas :
Economic recovery (systemic risks and risk transfer, including captives)
Digital issues (cyber risks and cyber insurance)
Ecological transition (sustainability and insurability)
For each of these categories, FERMA presents the challenges faced by European businesses, explains how risk management contributes to the ambitions of the French Presidency and asks European policymakers for specific measures during this period.
Whistleblowing how to manage reputational risks - 8th webinar 16 nov 2017FERMA
Companies need to incorporate whistleblowing procedures into their corporate culture. Whistleblowing is an instrument used to reinforce trust inside the company and to strengthen corporate culture.
It helps to safeguard and uphold tenets such as corporate integrity, anti-corruption, anti-bribery regulations and codes of ethics. It also forms a key means of addressing wrongdoing and dysfunctional behaviour.
The participants were Michel de Fabiani (Non-Executive Director Valeo/Valco/Ebtrans), Kate Kenny (Professor in Management and Organisation Studies at Queen’s University Belfast), Richard Eveleigh (AIG) and Alex Lowe, Senior Associate for Mills & Reeve LLP.
The webinar was moderated by Dr. Roger Barker, Senior Consultant, Institute of Directors, IoD, UK.
The webinar covered:
- How is whistleblowing integrated in the corporate culture? What type of education/training is needed to support the process?
- With the whistleblower phenomenon increasing, institutions have started taking measures to handle it. What are the best practices?
- The role division / allocation between internal auditors, risk managers and board members.
European Risk Management Seminar 2018 - Sustainability ReportFERMA
FERMA’s aim in focussing on sustainability in our 2018 European Risk Management Seminar and in publishing this report is to strengthen the risk manager in ensuring the sustainability of our organisations and ultimately our societies.
GDPR & corporate governance: The Role of Internal Audit and Risk Management O...FERMA
This paper is a collaboration between FERMA and the European Confederation of Internal Audit Institutes ECIIA and focuses on the impacts of the GDPR on corporate governance practices in the year following its implementation. Most specifically, it looks at the roles played by internal audit departments and risk management functions.
European Risk Management Seminar 2018 - Cyber Report FERMA
Not long ago, it seemed like we could be heading for cybergeddon; the forecasts about the threats from cyber space posed such a threat to the digital revolution. Today, as this report illustrates, we are finding a way to make cyber risk manageable, quantifiable and insurable.
Webinar: the role of risk management in corporate resilience FERMA
FERMA and McKinsey will present the findings of our survey into resilience and risk management. The objective is to give risk and insurance professionals a richer understanding of resilience in a strategic and practical way. Two leading risk managers will discuss the results of our survey and will reflect more broadly on the link between risk and resilience. By the end of the webinar, you will be well versed in resilience from an enterprise risk management perspective.
To support the launch of this strategic vision, FERMA has on 23 June published the first guide about its network of member national associations. This booklet highlights the distinctive role of the network and strengthens the image of FERMA and the associations
This new edition of the Cyber Risk Governance Report includes a case study that illustrates how our cyber risk governance model works in practice.
FERMA has made the ongoing digital transformation a priority for our advocacy work for several years now.This is why, in 2017, we launched one of the first European cyber risk
governance models jointly with our European colleagues and internal auditors from the ECIIA.
Events since then have only strengthened our view that corporate governance models will quickly become obsolete if they do not embed governance for cyber risks under the leadership of a risk and insurance professional.
Interview of the 10 presidents since 1974 including an exhaustive timeline with all important events since FERMA’s creation (Forum, Seminar, position paper, Benchmarking surveys,…).
Quotes from national associations and stakeholders.
People, Planet & Performance: sustainability guide for risk and insurance man...FERMA
On 31 March, FERMA releases the first guide specifically for European risk managers on sustainability risks.
People, planet, performance – The contribution of Enterprise Risk Management to Sustainability provides practical guidance on incorporating sustainability goals into enterprise-wide risk management.
European Trends in Travel Risk Management 2015FERMA
FERMA and International SOS outline risk and insurance managers’ responsibilities to travelling employees and expats
Managing health, safety and security risks to workers on international travel and assignment is the subject of a new paper from the Federation of European Risk Management Associations (FERMA) and International SOS, the world’s leading medical and travel security risk services company.
A survey earlier this year led by FERMA and International SOS, confirms that Travel Risk Management is on the agenda for 79% of the risk and insurance managers polled. FERMA and International SOS have, therefore, developed the paper to help risk and insurance managers better understand their responsibilities towards work-related international travel and assignments.
The document identifies the Risk Manager as a pivotal influencer in evaluating effective Travel Risk Management solutions. As noted in the paper: “The risk manager’s holistic perception of the medical, security and insurance aspects is critical to considering efficient solutions and practical responses to any situation an organisation might face when sending workers abroad.”
European Risk managers have helped maintain the continuity of their organisations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible and begun work on recovery, according to a survey published by the Federation of European Risk Management Associations (FERMA): https://www.ferma.eu/publication/covid-19-ferma-survey-shows-risk-managers-contributions-to-response-and-resilience/
Following the launch in 2015 of a first joint paper “TRAVEL RISK MANAGEMENT 2015: EUROPEAN TRENDS”, FERMA and the International SOS Foundation is pleased to announce the publication of a new paper to help risk managers better mitigate health, safety and security risks for their mobile workers.
FERMA ECIIA Joint Guidance - "Audit and Risk Committees: News from EU Legisla...FERMA
The Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA) have responded to increased EU requirements for more corporate transparency with a new joint guidance document on the 8th Company Law Directive launched on Monday 20 October during the FERMA Seminar.
Audit and risk committees are on the frontline of the transparency rules enacted by the EU over the last five years.
The new guidance document “Audit and Risk Committees:News from EU Legislation and Best Practices” examines specifically how these committees should support their board and be supported by the two professions: risk managers and internal auditors.
The Guidance identifies 10 possible responsibilities to share between audit and risk committees and is meant to help boards of companies and the chairmen of audit and risk committees to handle the increased EU requirements on financial and non-financial transparency.
The role of risk management in corporate resilienceFERMA
The report presents the views of risk and insurance professionals and senior executives about a post-pandemic view of resilience management in their organisations across sectors globally in the summer of 2021.
FERMA contribution to the French Presidency agendaFERMA
FERMA thought paper highlights the links between its work and the priorities of the French Presidency in three key areas :
Economic recovery (systemic risks and risk transfer, including captives)
Digital issues (cyber risks and cyber insurance)
Ecological transition (sustainability and insurability)
For each of these categories, FERMA presents the challenges faced by European businesses, explains how risk management contributes to the ambitions of the French Presidency and asks European policymakers for specific measures during this period.
Board Governance and Emerging Risks in the C21FERMA
On 10 July 2015 FERMA, ecoDa and AIG organised jointly a event in Brussels that brought together directors, risk managers and insurers from across Europe to share perspectives on the quality of the Risk conversation at Board level and to generate ideas for improving it.
Table of Contents
1. FERMA President’s blog
2. Seminar risk manager numbers high – and rising
3. FERMA’s survey results support risk leaders
4. FERMA is Forty!
5. Seminar master class: radical reforms in the London market
6. More demanding environmental requirements ahead? Seminar roundtable to discuss
8. Letter from Brussels
9. Launch of New Guidance on 8th Company Law
10. Expert Views
11. Coinsurance: new review of Insurance Block Exemption
12.Knowledge Corner
Why businesses should not be afraid of the 8th Company Law Directive.FERMA
Businesses should not be afraid of the 8th Company Law Directive.
Good risk management and internal control helps companies go "faster, further and more safely
SIACI SAINT HONORE, your company's insurance broker partner, offers you consulting and solutions adapted to your risk management and employee benefits worldwide.
FERMA opposes the Environmental Liability Directive FundFERMA
The view of FERMA members when asked about environmental issues is that good standards of safety are established in their companies, adequate insurance is purchased and the regulators are diligent in enforcement of legislation.
FERMA is not in favor of the establishment of a fund and we are strictly opposed to any mandatory coverage either through a fund, a pool or any other insurance scheme.
As far as we can see it by now, the insurance sector is able to provide adequate coverage both for claims for traditional damage as well as for costs of remediating pollution and other environmental damage.
In our point of view solutions provided by the insurance industry are always preferable to any fund scheme. Fund schemes tend to become very expensive, e.g . when it comes to the transaction costs and do not take into account the prevention efforts made by the insured.
FERMA understand however that special solutions may be needed for SMEs or particular types of operations (offshore, nuclear…)
Opportunities for foreign firms in the Circular Economy in Romania 2021 - act...Jackie Bojor
What are the current activities related to implementing a circular economy in Romania? What are the expected legislative changes for a better waste collection and recycling, for reducing waste generation in the Romanian industrial sector, in the retail and consumption of the population?
Are there any initiatives to improve the selective waste collection in Romanian cities? What are the expected investments in the Romanian waste management system through the European Recovery and Resilience Facility?
The Federation of European Risk Management Associations (FERMA) and the European Federation of Insurance Intermediaries (BIPAR) have signed a protocal on the trnasparency on intermlediation on business insurance.
Both federations recommend their respective member associations tu use this protocol as a guiding framework to enable them to agree and issue guidance on intermediary transparency on a national level.
An annual interactive conference that brings professionals in public & corporate affairs, business leaders, policymakers, NGOs and communication experts in a multi-stakeholder platform
Collaboration of the Year Award winner 2020: Pim Moerman and Rob van den Eijn...FERMA
Philips Global Resilience Platform: Breaking down silo approach of departments by collaborating in multidomain platform making our company more resilient
Argo Group: entry for emerging risk initiative of the year Award 2020FERMA
Adam Seager, Chief Risk Officer of Argo Group demonstrates the context, challenges and solutions he put in place for Agor Group during the time of crisis like the Covid19 pandemic.
George Ong, Chief Risk Officer, Northern Ireland WaterFERMA
Nominations for the Public Sector Risk Manager of the Year for the European Risk Management Awards 2020.
George Ong is the Chief Risk Officer for Northern Ireland Water (NIW), a Government Owned Company (GoCo). George joined the business in 2006 with a clear remit of implementing a risk and insurance management system given that the ‘Government Protection’ was to be removed from 1st April 2007. Since then George has worked to adapt, enhance and embed risk management arrangements within NIW, developed partnerships with businesses, communities and institutions to improve resilience for the Company and the community. #euroriskawards
Webinar: Risk management in a global pandemic - Early lessons learned, EU – U...FERMA
FERMA's joint webinar with RIMS on 1 December provided insights into the way risk managers have experienced and dealt with the global pandemic and its consequences.
FERMA and RIMS teamed up to bring you content from both sides of the Atlantic Ocean. The webinar began with a presentation of the results from FERMA’s COVID-19 survey, and then took a Transatlantic view on commonalities and differences.
Speakers:
Athina Pehrman, Group Risk Manager at Electrolux Professional Group, a sustainability leader in the appliance industry
Melanie Steiner, Board Member, US Ecology, Inc. a leading provider of environmental services to commercial and government entities. Former CRO
Typhaine Beaupérin, CEO of FERMA, moderator.
GDPR & corporate Governance, Evaluation after 2 years implementationFERMA
FERMA’s live joint webinar with ECIIA on Monday 28 September gathered more than 300 participants
The objective of this joint webinar was to take stock of where we stand after 2 years of GDPR implementation and the practical consequences on businesses. For this, FERMA and ECIIA (European Confederation of Institutes of Internal Auditing) invited the following speakers:
- Olivier Micol, Head of Data Protection Unit at the European Commission, Directorate-General for Justice. He highlighted key elements of the recent GDPR evaluation report of the European Commission, shared the latest data and feedback from companies and civil society. He also gave an overview of future planned initiatives.
- Jérôme Avot, Group Risk Officer and Data Protection Officer at Faurecia, a global leader in automotive technology.”The GDPR served as a common thread from the start to the end of the project. We feel we have turned what might have been perceived as a constraint into an opportunity. “
- Ralf Herold, Senior Vice President, Corporate Audit BASF, a leading chemical company. He is an expert in GDPR as Germany was a pioneer in this piece of legislation.
Jérôme Avot and Ralf Herold shared their experience as a Risk Manager and DPO and as an Internal Auditor by exchanging on the changes that the GDPR involved within their companies.
https://www.ferma.eu/webinar-replay-gdpr-corporate-governance-evaluation-after-2-years-implementation/
The European risk manager report 2020: webinar presentationFERMA
This 2020 edition is the opportunity to deepen four challenges that the Risk Manager is facing today:
his growing role in digital transformation
his contribution to sustainability
tougher insurance market conditions
education and skills evolution
The objective of this report is to launch the discussion on the new challenges posed by the European transition to climate neutrality and digital leadership for Risk Managers. How are the roles and responsibilities of European Risk Managers evolving in the face of this new reality? Are Risk Managers equipped to support their organizations in achieving this double transformation?
Our live webinar was scheduled on Monday 29 June 2020: risk managers from different backgrounds shared their experiences on the below themes and reacted to the results of the survey, in particular before and after the Covid-19 crisis.
The speakers were:
Adriana Cavaliere : Corporate Risk Manager at Skeyes, Belgium
Oliver Wild: Group Chief Risk, Insurance and Internal Control Coordination Officer at Veolia, France
Charlotte Hedemark: Chairman of the 2020 FERMA Survey Committee and Board Member of FERMA
Françoise Bergé: PwC Partner
FERMA European Risk Manager Report 2020: full set of results FERMA
This 2020 edition is the opportunity to deepen four challenges that the Risk Manager is facing today:
his growing role in digital transformation
his contribution to sustainability
tougher insurance market conditions
education and skills evolution
The objective of this report is to launch the discussion on the new challenges posed by the European transition to climate neutrality and digital leadership for Risk Managers. How are the roles and responsibilities of European Risk Managers evolving in the face of this new reality? Are Risk Managers equipped to support their organizations in achieving this double transformation?
Webinar: Why risk managers should look at Artificial Intelligence now?FERMA
Risk Managers can be key actors in highlighting to the organisation leadership the opportunities and challenges of AI technologies
On 19 May, the objective of this webinar was to discuss:
How AI can be implemented into the risk management practices?
Which opportunities is AI creating for better risk management?
What are the highlights of the European Commission’s risk-based approach to Artificial Intelligence?
Speakers were:
Philippe Cotelle, Head of Insurance Risk Management at Airbus Defence and Space and FERMA Board member, will highlight the key findings from FERMA’s report on “AI applied to Risk Management”.
Irina Orssich and Eric Badiqué are both working for the European Commission as Team leader and Adviser for Artificial Intelligence in the Unit for Technologies and Systems for Digitising Industry. They will present the Commission’s White Paper on AI and the other EU initiatives which aim at strengthening the EU legal framework regarding AI applications, especially in the field of privacy.
GDPR & corporate governance: the role of risk management and internal audit o...FERMA
The webinar discussed the full results and recommendations of a joint project between FERMA and the European Confederation of Institutes of Internal Auditing (ECIIA), to assess how the EU General Data Protection Regulation (GDPR) impacted our professions, one year after its enforcement. This webinar helped to know:
- To which extent the risk manager and the internal auditor are involved in the GDPR corporate implementation
- How GDPR has affected the interactions between risk management, internal audit and Data Protection Officer (DPO)
- What are the best practices and recommendations to embed personal data protection in the risk and audit governance of your organisation
After one year of GDPR implementation, FERMA and ECIIA sent in May a common basis of five questions to their risk and internal audit members.
The objectives were to:
- Evaluate the roles of the risk management and internal audit functions regarding the GDPR and personal data related risks
- Provide a unique insight into the implementation of the GDPR by companies to the European policymakers
Webinar: how risk management can contribute to sustainable growth?FERMA
This webinar will help risk management and sustainability practitioners apply enterprise risk management (ERM) concepts and processes to environmental, social and governance-related risks (ESG)
FERMA Webinar: At the Junction of Corporate Governance and Cyber SecurityFERMA
The recommendation for a cyber risk governance model came in a report published 29 June 2018 by the Federation of European Risk Management Associations (FERMA) and the European Confederation of Institutes of Internal Auditing (ECIIA).
FERMA and ECIIA presented their report at a high-level event at the European Parliament with representatives of the EU institutions, the World Economic Forum, risk and audit practitioners from European businesses, and other European stakeholders.
The report, At the junction of corporate governance and cybersecurity, aims primarily at supporting European organisations in meeting their obligations under the EU General Data Protection Regulation and Network Information Security Directive. Recent cyber attacks, however, increased concerns on what the risk experts see as a wider lack of focus on risk governance in cyber security.
More information here:
https://www.ferma.eu/ferma-webinar-junction-corporate-governance-and-cyber-security?type=events
What will you learn from this presentation?
- Compare and assess your own governance of cyber risks against the proposed cyber risk governance model
- Know where you stand in the evolutionary journey towards cyber resilience: reactive, proactive, predictive...
- Define the key stakeholders for cyber security and conditions for success
- Find mechanisms that help leadership determine effective and efficient resource allocation
- Plan for the next move to improve your cyber risk governance
European risk management sustainability seminar reportFERMA
Sustainability has always been at the heart of the role of the risk manager, so that their organisations are resilient to shocks and can continue to fulfil their objectives. In the 21st century, that vision has widened, because companies are increasingly asked to be good corporate citizens and to play a part in our overall adaptation to climate change.
Sustainability has always been at the heart of the role of the risk manager, so that their organisations are resilient to shocks and can continue to fulfil their objectives. In the 21st century, that vision has widened, because companies are increasingly asked to be good corporate citizens and to play a part in our overall adaptation to climate change.
Preparing for cyber insurance - FERMA - Insurance Europe - BIPARFERMA
The guide “Preparing for cyber insurance” outlines how organisations with an interest in accessing cyber insurance can best prepare for discussions with insurance intermediaries and insurers. It also provides tools to help organisations evaluate cyber insurance offers and how they may translate in practice.
1st international edition of the RMIS Panorama with the support of FERMA networkFERMA
Thanks to the support of the FERMA network, 233 European risk managers responded to the Panorama of Risk Management Information System Survey produced by AMRAE. This joint work contributed an international dimension to the survey and thus increased visibility of a technical aspect of the risk management profession. Thank you to all the associations which took part in the initiative.
2018 main trends:
• RMIS projects are more transversal (Risk Management, Audit, Internal Control, Insurances…) and clients budgets increased accordingly.
• Main benefits identified by Risk Managers are related to efficiency gains (data consolidation) and analysis capabilities. RMIS also foster information sharing and better alignment across departments.
• Despite the acceleration of SAAS offers by vendors, the majority of Risk Managers opts for traditional models (licenses acquisition, on premise hosting)
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Recruiting in the Digital Age: A Social Media MasterclassLuanWise
In this masterclass, presented at the Global HR Summit on 5th June 2024, Luan Wise explored the essential features of social media platforms that support talent acquisition, including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok.
Building Your Employer Brand with Social MediaLuanWise
Presented at The Global HR Summit, 6th June 2024
In this keynote, Luan Wise will provide invaluable insights to elevate your employer brand on social media platforms including LinkedIn, Facebook, Instagram, X (formerly Twitter) and TikTok. You'll learn how compelling content can authentically showcase your company culture, values, and employee experiences to support your talent acquisition and retention objectives. Additionally, you'll understand the power of employee advocacy to amplify reach and engagement – helping to position your organization as an employer of choice in today's competitive talent landscape.
B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
2. 2
1 | ACTIVITIES & KEY FIGURES
Single recognised voice
of european risk managers
YEARS
BOARD
MEMBERS12
PERMANENT
STAFF4
MEMBERSHIP
20 COUNTRIES
21 MEMBER ASSOCIATIONS
NEARLY 4800RISK MANAGERS
40>
3. 3Ferma Network
NEWS
European affairs updates,
information on FERMA
activities and network news
EDUCATION
Support for risk
management education
and professional
development for risk
managers
ADVOCACY
Based on regular consultations with its
member associations, FERMA promotes
and represents the interests of European
risk managers to EU Institutions and in
the international arena
RESEARCH
EUROPEAN RISK MANAGER REPORT
REPORTS, GUIDES,
BENCHMARKING DOCUMENTS
FERMA CERTIFICATION
The first european certification
for European risk professionals
EVENTS
EUROPEAN RISK MANAGEMENT FORUM - 1500 PARTICIPANTS
Rendezvous of Risk and Insurance Directors of private and
public organisations from all over Europe
SEMINAR - 400 participants
new trends, new techniques and fresh ideas for
new business opportunities
CONFERENCES, ROUNDTABLE DISCUSSIONS,
and OTHER EVENTS on EU related matters
4. 4
GOVERNANCE
FERMA is governed by the General Assembly and administered by a
Board of Directors led by the President.
The FERMA office under the supervision of the Chief Executive
Officer is based in Brussels.
The list of the Board of Directors is available on the website www.
ferma.eu.
MISSION
In a world where risk, managed proactively and creatively, becomes an
opportunity, FERMA’s mission is to:
• Represent and defend the interests of its member associations and
their members to European institutions.
• Create, collect and share knowledge, practices and innovative
approaches amongst its member associations and their members.
• Improve the recognition of and raise the profile of the profession.
• Demonstrate the value that professional risk managers
bring to organisations.
• Take the lead with stakeholders who have an interest
in risk management.
• Represent European interests with risk management
associations globally.
VISION
A world where risk management is embedded in the business model
and culture of organisations.
2 | ABOUT FERMA
FERMA was established in 1974 under its
previous name of ‘European Association of
Industrial Insureds’ (AEAI) as an international
association with the aim of representing the
interests of commercial insurance buyers and
exchanging ideas and experiences.
Today, FERMA brings together 21 risk
management associations in 20 European
countries, representing almost 4800 risk
managers active in a wide range of business
sectors from major industrial and commercial
companies to financial institutions and local
government bodies.
FERMA provides the means of co-ordinating
risk management and optimising the impact
of these associations outside their national
boundaries on a European level.
FERMA promotes communication among its
members and also within IFRIMA (International
Federation of Risk and Insurance Management
Associations) of which FERMA is a member.
8. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
8
Total number of members...............213 .
Risk & Insurance Managers.................93.
Other members .................................120
Membership type
Individual and Corporate
company size: n/a
company turnover: n/a
company sector of activity
Industry.............................................38%
Services............................................50%
Construction, energy,
marine terminal operator............12%
— Representation of members'
interest towards public authorities
— Information and
advisory services
— Networking activities
— Organisation of events
non-profit organisation
president/chairman designation process
Nomination
board of directors designation process
Nomination, 3 years

permanent staff employed
1
BELRIM
Belgian Risk Management Association
www.belrim.com
contact person
Ann De Wilde
General Secretary
info@belrim.com
Avenue de Tervuren 273 B 16
1150 Brussels, Belgium
+32 473816009
BELGIUM
9. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
9Ferma Network
non-profit organisation
president/chairman designation process
Election, 3 years
board of directors designation process
Election, 3 years
permanent staff employed
0
— Representation of members'
interest towards public authorities
— Training services
• Courses developed and run by the
association
• Courses run in partnership with
educational bodies (UNWE, UASG,
VUZF)
• Provider of a qualification in risk
management (Rimap)
— Information and
advisory services
— Research and publication of
technical papers
— Networking activities
— Organisation of events
— University degrees
and scolarships for Risk
Management
Total number of members.................35 .
Risk & Insurance Managers.................26 .
Other members .....................................9
Membership type
Individual and Corporate
company size
Small and medium............................30%
Large................................................70%
company turnover
<€ 100 million...................................80%
Between € 100 million
<€ 500 million.............................16%
Between € 500 million
<€ 1 billion....................................4%
company sector of activity
Industry...............................................6%
Services............................................90%
Medical risk management..................4%
BRIMA
Bulgarian Risk Management Association
www.brima.bg
BULGARIA
contact person
Ivo Miltchanski
Management board member
General secretary of BRIMA
miltchanski@brima.bg
i.miltchanski@gmail.com
2A Yakubitsa str. Sofia PO
Code 1164, Bulgaria
+359 882428122; +359 2 962 88 00
10. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
10
Total number of members.....................24
Risk & Insurance Managers......................16 .
Other members .........................................8
Membership type
Individual and Corporate
company size or your members
Small and medium................................ 16%
Large.................................................... 84%
2 members don´t work for a company
company turnover
<€ 100 million....................................... 26%
Between € 100 million
<€ 500 million................................ 42%
Between € 500 million
<€ 1 billion..................................... 21%
>€ 1 billion..................................... 11%
Company sector of activity of your members
Industry................................................... 5%
Public and non-for profit organisations...... 5%
Energy, Oil&Gas, Mining, Real Estate,
Agriculture, Food, etc........................... 90%
— Representation of members'
interest towards public authorities
— Networking activities
— Organisation of events
registered society
president/chairman designation process
Election 3 years
board of directors designation process
Not applicable
permanent staff employed
0
CZECHREPUBLIC
CZRMA
Czech Risk Management Association
www.czrma.cz
contact person
Petr Bazant
President
petr.bazant@czrma.cz
Korunní 2569/108, 101 00 Praha
Czech Republic c
+420 602 566 656
11. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
11Ferma Network
non-profit organisation
president/chairman designation process
Election, 1 year
board of directors designation process
Election, 2 years
permanent staff employed
0
— Information and
advisory services
— Networking activities
— Organisation of events
Total number of members.................77 .
Risk & Insurance Managers.................75
Other members......................................2
Membership type
Individual
company size
Small and medium............................10%
Large................................................90%
company turnover
<€ 100 million...................................15%
Between € 100 million
<€ 500 million.............................25%
Between € 500 million
<€ 1 billion..................................50%
>€ 1 billion........................................10%
company sector of activity
Industry.............................................50%
Services............................................50%
DENMARK
DARIM
The Risk Management
Society of the Confederation of Danish Industry
www.di.dk/darim
contact person
Charlotte Enggaard
Chairman of the Board
charlotte.enggaard@carlsberg.com
Carlsberg Breweries A/S
Ny Carlsberg Vej 100,
1799 København V, Denmark
+45 3327 3300
12. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
12
non-profit organisation
president/chairman designation process
Election, 1 year
board of directors designation process
Election, 1 year
permanent staff employed
Two part time persons
— Training services
• Courses developed and run by the
association
— Information and
advisory services
— Research and publication of
technical papers
— Networking activities
— Organisation of events
— Quarterly mini seminars
Total number of members...............388 .
Risk & Insurance Managers.................97 .
Other members .................................291
Membership type
Individual and Corporate
company size.
Small and medium...........................62%
Large................................................38%
company turnover
<€ 100 million...................................29%
Between € 100 million
<€ 500 million.............................40%
Between € 500 million
<€ 1 billion..................................18%
>€ 1 billion........................................13%
company sector of activity.
Industry............................................43%
Services Consultants........................10%
Services Insurance...........................26%
Public and non-for .
profit organisations.........................16%
Students and retired...........................7%
FINNRIMA
Finnish Risk Management Association
www.srhy.fi
FINLAND
contact person
Lassi Väisänen
Managing director
lassi@lassivaisanen.fi
Päivölänrinne 1 - 3 B,
04200 Kerava, Finland
+358 400405858
13. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
13Ferma Network
non-profit organisation
president/chairman designation process
Election, 3 years
board of directors designation process
Election, 3 years
permanent staff employed
9
— Representation of members'
interest towards public authorities
— Training services
• Courses developed and run by the
association
• Courses run in partnership with
educational bodies (The Institutes)
• Provider of a qualification in risk
management (CEFAR - ARM)
• Preparatory courses for ARM exam
— Research and publication of
technical papers
— Networking activities
— Organisation of events
Total number of members.............1371 .
Risk & Insurance Managers...............853 .
Other members .................................518
Membership type
Individual and Corporate
company size : n/a for 2017
Small and medium............................18%
Large................................................82%
company turnover: n/a
company sector of activity.
Industry............................................31% .
Services...........................................37%
Public and non-for
profit organisations.............................3%
Retail, Construction, Real estate,
Transport, High-tech, Bank Finance, .
Insurance.........................................29%
FRANCE
AMRAE
Association pour le Management
des Risques et des Assurances de l’Entreprise
www.amrae.fr
contact person
Hubert de l'Estoile
CEO
hubert.delestoile@amrae.fr
80 boulevard Haussman
75008 Paris, France
+33 14 28 93 316
14. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
14
non-profit organisation
president/chairman designation process
Election, 3 years
board of directors designation process
Election, 3 years
permanent staff employed
13
— Representation of members'
interest towards public authorities
— Training services
• Courses developed and run by the
association
— Information and
advisory services
— Research and publication of
technical papers
— Networking activities
— Organisation of events
— Die VersicherungsPraxis
(Professional Journal),
DVS Wiki (online library)
1200 members
company size: n/a company turnover
Less than €100 million.................... 60%
Between € 100 million .
<€ 500 million............................16%
Between € 500 million
<€ 1 billion....................................8% .
>€ 1 billion.......................................16%
company sector of activity.
Industry............................................60% .
Services...........................................20%
.Public and non-for profit
organisations....................................20%
Other: e.g. municipal institutions
GERMANY
GVNW
Gesamtverband der
versicherungsnehmenden Wirtschaft e.V.
www.gvnw.de
contact person
Jörg F. Henne
Managing Director
joerg.henne@gvnw.de
Breite Strasse 98
53111 Bonn, Germany
+49 228 982 230
15. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
15Ferma Network
non-profit organisation
president/chairman designation process
Election, 3 years
board of directors designation process
Election, 3 years
permanent staff employed
2
quality standard certification
iso 9001:2008
— Training services
• Courses developed and run by the
association
• Courses run in partnership with
educational bodies (IFAF Scuola
di Finanza, MIB Trieste School of
Management)
• Provider of a qualification in risk
management: Anra Learning Path
(ALP) - RIMAP accredited
— Information and
advisory services
— Research and publication of
technical papers
— Networking activities
— Organisation of events
Total number of members...............440 .
Risk & Insurance Managers...............376 .
Other members ...................................64
Membership type
Individual and Corporate
company size
Small and medium............................52%
Large................................................48%
company turnover: n/a
company sector of activity.
Industry............................................27% .
Services...........................................6%
Public ..............................................12%.
Energy/Utilities, Technologies &
Telecoms, Transportation/Logistics and .
others ..............................................55%
ITALY
ANRA
Risk and Insurance Managers National Association
www.anra.it
contact person
Anna Siani
Secretary
segreteria@anra.it
Via Alberico Albricci n° 9
20122 Milan, Italy
+39 02 58103300
16. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
16
non-profit organisation
president/chairman designation process
Nomination, 3 years
board of directors designation process
Election, 3 years
permanent staff employed
0
— Representation of members'
interest towards public
authorities
— Training services
• Courses developed and run by the
association
• Courses run in partnership with
educational bodies (House of
Training)
• Preparatory courses for ARM exam
— Provider of a qualification in risk
management
— Research and publication of
technical papers
— Networking activities
— Organisation of events
Total number of members...............201 .
Risk & Insurance Managers.................18
Other members..................................183
Membership type
Individual
company size: n/a
company turnover: n/a
company sector of activity
Industry...............................................5%
Financial Institutions, Advisory, Asset
Managers, etc...................................95%
LUXEMBOURG
ALRiM
Luxembourg Association for Risk Management
www.alrim.lu
contact person
Laurent Nihoul
General Manager - Group Head of Insurance
laurent.nihoul@arcelormittal.com
14 - 16, rue Michel Rodange
L-2430, Luxembourg
+352 26 94 59 97
17. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
17Ferma Network
non-profit organisation
president/chairman designation process
Election, 2 years
board of directors designation process
Election, 2 years
permanent staff employed
0
— Representation of members'
interest towards public authorities
— Networking activities
— Organisation of events
Total number of members.................25 .
Risk & Insurance Managers.................15 .
Other members ...................................10
Membership type
Individual and Corporate
company size
Small and medium............................80%
Large................................................20%
company turnover
<€ 100 million...................................90%
Between € 100 million
<€ 500 million.............................10%
company sector of activity
Industry...............................................5%
Services............................................90%
Public and non-for
profit organisations.............................5%
MALTA
MARM
Malta Association of Risk Management
www.marm.org.mt
contact person
Sharon Tortell
President
secretary@marm.org.mt
18. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
18
non-profit organisation
president/chairman designation process
Election, 1 year
board of directors designation process
Election, 2 years
permanent staff employed
0
— Information and advisory services
— Networking activities
— Organisation of events
— Members meetings 4 times a year
Total number of members.................61
Risk & Insurance Managers..................61
Other members......................................0
Membership type
Individual and Corporate
company size
Small and medium............................20%
Large................................................80%
company turnover
Between € 100 million
<€ 500 million.............................10%
Between € 500 million
<€ 1 billion..................................30%
>€ 1 billion........................................60%
company sector of activity
Industry.............................................80%
Services............................................10%
Other.................................................10%
NORWAY
NORIMA
Norwegian Risk Management Association
norima.no
contact person
Anita Moe
President
post@norima.no
Skabos vei 4, P.O.Box 505 Skøyen,
0214 Oslo, Norway
+47 90085948
19. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
20
non-profit organisation
president/chairman designation process
Election, 3 years
board of directors designation process
Election, 3 years
permanent staff employed
0
— Representation of members'
interest towards public authorities
— Training services
— Information and advisory services
— Research and publication
of technical papers
— Networking activities
— Organisation of events
Total number of members.................54
Risk & Insurance Managers..................23
Other members....................................31
Membership type
Individual and Corporate
company size
Small and medium............................30%
Large................................................70%
company turnover
<€ 100 million...................................81%
Between € 100 million
<€ 500 million...............................8%
Between € 500 million
<€ 1 billion....................................6%
>€ 1 billion..........................................5%
company sector of activity
Industry...............................................5%
Services............................................85%
Utilities..............................................10%
PORTUGAL
APOGERIS
Portuguese Association of
Risk Management and Insurance
http://apogeris.pt/
contact person
Jorge Luzzi
President
jorge.luzzi@herco.com.br
Avenida da Boavista 1277/81, 3rd Floor
Portugal
+351 226 082 475
20. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
21Ferma Network
non-profit organisation
president/chairman designation process
Election, 5 years
board of directors designation process
Election, 1 year
permanent staff employed
5
— Representation of members'
interest towards public authorities
— Training services
• Courses developed and run by the
association
• Courses run in partnership with
educational bodies (Financial
University under the Government of
the Russian Federation; The Institute
of International Standards of
Accounting and Management
• Provider of a qualification in risk
management: CRMP.RR "Certified
risk manager professional. RusRisk"
• Preparatory courses for ARM exam
— Information and advisory services
— Research and publication of
technical papers
— Networking activities
— Organisation of events
- Administration of Technical Committee
on standardization ''Management of
risk'' (TC010) activities in Russia
Total number of members.................86 .
Risk & Insurance Managers.................61 .
Other members ...................................25
Membership type
Individual and Corporate
company size.
Small and medium...........................73%
Large................................................27%
company turnover: n/a
company sector of activity.
Industry............................................24% .
Services...........................................73%
Public and non-for profit organisations..3%
RUSSIA
RUSRISK
Russian Risk Management Society
www.rrms.ru
contact person
Victor Vereshchagin
President
vvv@rrms.ru
sht@rrms.ru
Nikulinskaya str., 27-129,
Moscow, 119602, Russia
+7 495 231 5356
21. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
22
limited company
president/chairman designation process
Election, 4 years
board of directors designation process
Election, 4 years
permanent staff employed
0
— Representation of members'
interest towards public authorities
— Research and publication of
technical papers
— Networking activities
— Organisation of events
Total number of members.................24 .
Risk & Insurance Managers.................11 .
Other members ...................................13
Membership type
Individual and Corporate
company size:
Small and medium............................47%
Large................................................53%
company turnover:
<€ 100 million...................................42%
Between € 100 million
<€ 500 million.............................31%
Between € 500 million
<€ 1 billion..................................11%
>€ 1 billion..................................16%
company sector of activity:
Industry.............................................42%
Services.........................................47.5%
Public and non-for profit organisations..10.5%
SLOVENIA
SI.RISK
Slovenian Association of Risk
and Insurance Management
www.sirisk.si
contact person
Maja Šušteršič
President
info@sirisk.si
Dunajska cesta 48,
1000 Ljubljana, Slovenia
Phone number: n/a
22. contact person
John Hurrell
Chief Executive
john.hurrell@airmic.com
6 Lloyd’s Avenue
London, EC3N 3AX
020 7680 3088
AIRMIC LTD
Airmic
www.airmic.com
LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
23Ferma Network
AGERS
Spanish Association
of Risk Management and Insurance
www.agers.es
SPAIN
non-profit organisation
president/chairman designation process
Election, 3 years
board of directors designation process
Election, 3 years
permanent staff employed
4
— Training services
• Courses developed and run by the
association
— Information and advisory services
— Research and publication of
technical papers
— Networking activities
— Organisation of events
Total number of members...............186 .
Risk & Insurance Managers.................60 .
Other members .................................126
Membership type
Individual and Corporate
company size.
Small and medium...........................53%
Large................................................47%
company turnover: n/a
company sector of activity.
Industry............................................34% .
Services...........................................40%
Feeding, Commerce, Construction, .
Transport, Tourism...........................26%
contact person
Isabel Lobera
maribel.lobera@agers.es
C/ Príncipe de Vergara, 86
28006 Madrid, Spain
+34 915628425
23. contact person
John Hurrell
Chief Executive
john.hurrell@airmic.com
6 Lloyd’s Avenue
London, EC3N 3AX
020 7680 3088
AIRMIC LTD
Airmic
www.airmic.com
LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
24
IGREA
INICIATIVA GERENTES
DE RIESGOS ESPAÑOLES ASOCIADOS
www.igrea.es
SPAIN
non-profit organisation
president/chairman designation process
Election, 3 years
board of directors designation process
Election, 3 years
permanent staff employed
0
— Representation of members'
interest towards public authorities
— Research and publication of
technical papers
— Networking activities
— Organisation of events
Total number of members.................42 .
Risk & Insurance Managers.................42
Membership type
Corporate
company size
Large..............................................100%
company turnover
Between € 100 million
<€ 500 million...............................5%
Between € 500 million
<€ 1 billion....................................5%
>€ 1 billion........................................90%
company sector of activity
Industry.............................................80%
Services............................................20%
24. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
25Ferma Network
non-profit organisation
president/chairman designation process
Election, 2 years
board of directors designation process
Election, 2 years
permanent staff employed
0
— Representation of members'
interest towards public authorities
— Training services
• Courses run in partnership with
educational bodies (SSE)
• Provider of a qualification in risk
management (SSE)
— Information and advisory services
— Networking activities
— Organisation of events
Total number of members...............392 .
Risk & Insurance Managers...............236 .
Other members .................................147
Membership type
Individual
company size:
Small and medium............................45%
Large................................................55%
company turnover:
Between € 500 million
<€ 1 billion..................................25%
>€ 1 billion........................................75%
company sector of activity:
Industry.............................................49%
Services............................................51%
SWEDEN
SWERMA
Swedish Risk Management Association
www.swerma.se
contact person
Athina Pehrman
President
athina.pehrman@nynas.com
Students and retired members...........9
25. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
26
non-profit organisation
president/chairman designation process
Election, 2 years
board of directors designation process
Election, 2 years
permanent staff employed
1
— Representation of members'
interest towards public authorities
— Training services
• Courses run in partnership with
educational bodies
— Information and advisory services
— Networking activities
— Organisation of events
— Specific Topics Working Groups
Total number of members.................73 .
Risk & Insurance Managers.................71
Other members......................................2
Membership type
Corporate
company size
Small and medium............................12%
Large................................................88%
company turnover
<€ 100 million...................................12%
Between € 100 million
<€ 500 million...............................9%
Between € 500 million
<€ 1 billion....................................9%
>€ 1 billion........................................70%
company sector of activity
Industry.............................................50%
Services............................................40%
Public and non-for
profit organisations...........................10%
SWITZERLAND
SIRM
Swiss Association of Insurance
and Risk Managers
www.sirm.ch
contact person
Sabrina Hartusch
SIRM Chairwoman
sabrina.hartusch@triumph.com
SIRM Secretariat
Kramgasse 2, Postfach, CH-3001 Bern
+41 31 388 87 89
26. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
27Ferma Network
non-profit organisation
president/chairman designation process
Nomination, 3 years
board of directors designation process
Nomination, 3 years
permanent staff employed
0
— Training services
• Courses run in partnership with
educational bodies (Wft Vragenbank)
— Information and advisory services
— Networking activities
— Organisation of events
Total number of members...............147 .
Risk & Insurance Managers...............147
Membership type
Individual and Corporate
company size
Small and medium............................30%
Large................................................70%
company turnover
<€ 100 million.....................................5%
Between € 100 million
<€ 500 million.............................15%
Between € 500 million
<€ 1 billion..................................50%
>€ 1 billion........................................30%
company sector of activity
Industry.............................................75%
Services............................................20%
Public and non profit-organisations...5%
THENETHERLANDS
NARIM
Dutch Association of Risk
and Insurance Managers
www.narim.com
contact person
Sylvia Tieland
Association Manager
info@narim.com
Postbus 65707
2506 EA Den Haag, The Netherlands
+31 70 345 74 26
27. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
28
non-profit organisation
president/chairman designation process
Election, 2 years
board of directors designation process
Election, 2 years
permanent staff employed
0
— Training services
• Courses developed and run by the
association
• Courses run in partnership with
educational bodies (BUYEM)
— Information and advisory services
— Networking activities
— Organisation of events
— Seminars, Conferences
and Workshops
Total number of members.................53 .
Risk Insurance Managers.................34 .
Other members ...................................19
Membership type
Individual and Corporate
company size
Small and medium..............................8%
Large................................................92%
company turnover
€ 100 million.....................................5%
Between € 100 million
€ 500 million.............................10%
Between € 500 million
€ 1 billion..................................25%
€ 1 billion........................................60%
company sector of activity
Industry.............................................67%
Services............................................33%
TURKEY
ERMA
Enterprise Risk Management Association
www.kryd.org
contact person
Dogu Özden
President
dogu.ozden@tofas.com.tr
Oruç Reis Mahallesi Barbaros Cad.
Tekstilkent A 19 Blok
NO:47 Esenler / Istanbul
+90 549 6948428
28. LEGAL STATUS - GOVERNANCE ACTIVITIES MEMBERSHIP
29Ferma Network
limited company
president/chairman designation process
Nomination, 1 year
board of directors designation process
Election, 3 years
permanent staff employed
10
— Representation of members'
interest towards public authorities
— Training services
• Courses developed and run by the
association
— Research and publication of
technical papers
— Networking activities
— Organisation of events
Total number of members.............1134 .
Risk Insurance Managers.............1066 .
Other members ...................................68
Membership type
Individual and Corporate
company size
Small and medium..............................1%
Large................................................99%
company turnover
Less than € 100 million.......................9%
Between € 100 million .
€ 500 million.............................10%
Between € 500 million .
€ 1 billion.................................11% .
€ 1 billion.......................................70%
company sector of activity
Industry.............................................73%
Services............................................21%
Public and non-for
profit organisations.............................6%
UNITEDKINGDOM
AIRMIC
Association of Insurance Risk Managers
www.airmic.com
contact person
John Ludlow
Chief Executive
john.ludlow@airmic.com
6 Lloyd’s Avenue
London, EC3N 3AX, United Kingdom
+44 20 7680 3088
29.
30.
31. 32
FERMA
Federation of European Risk Management Associations aisbl
Avenue de Tervuren 273 B12
1150 Brussels
BELGIUM
Phone : +32 (0)2 761 94 32
Fax : +32 (0)2 771 87 20
Email : enquiries@ferma.eu
Website : www.ferma.eu
RISK LEADERSHIP
ATTHE HEART OF EUROPE