General Insurance Article - FERMA launch 1st Certification for Risk Managers


The Federation of European Risk Management Associations (FERMA) formally launched its programme of European Certification for professional risk managers. It is the first such designation and is designed to reinforce the standing of the profession in Europe.
FERMA's Certification, called rimap®, will provide independent confirmation of the professional competences, experience and standards of individual risk managers, and accreditation for the risk management programmes of educational bodies. rimap® rests on four pillars: knowledge, experience, continuous professional development (CPD) and a code of ethics.

 FERMA has marked the occasion at the opening of its 2015 Risk Management Forum in Venice today with the award of Founder Certification to individuals in the risk management community who have been responsible for the creation, development and initial testing of the essential elements of Certification. They will be ambassadors forrimap®. FERMA intends to open applications for Certification in early 2016, with the first awards expected in the spring.
  
 At the launch, FERMA board member Michel Dennery, Chair of the FERMA Certification Steering Committee, said:
 "Today, there is a strong expectation from stakeholders about risk management; that is why we have created the first high level pan-European recognition of the profession of risk management that will respond to these expectations."
  
 Prof. Karel Van Hulle, Chairman of the Insurance and Reinsurance Stakeholder Group of EIOPA, welcomed the launch of rimap®. He said: "The financial crisis showed clearly the need for good risk management. It is in the interest of all stakeholders that firms attach great importance to the timely identification, evaluation and management of their risks and to the mitigation of those risks.
  
 Risk management should have a higher status in our educational institutions. I welcome the fact that FERMA has taken up this challenge and I hope that the initiative will be successful."

Back to Index


Similar News to this Story

Car insurance premiums fall by 17 percent in last 12 months
Motorists are now on average paying £777, which is £164 less than one year ago, with easing claims inflation and frequency contributing to this trend.
Insurance Premium Tax hits new record with 1 month to go
According to this morning’s HMRC data, Insurance Premium Tax (“IPT”) receipts stood at £1.3 billion in February 2025, bringing the 11-month total for
European Energy Transition
New analysis by LCP Delta reveals that the ongoing buildout of grid scale renewable generation will be accompanied by a surge in household electrifica

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.