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

Hurricanes and earthquakes could lead to USD300bn losses
Following the long-term annual growth trend of 5–7%, global insured natural catastrophe losses may reach USD 145 billion in 2025, mainly driven by sec
FCA set to launch live AI testing service
The FCA is seeking views from firms about how its live AI testing service can help them to deploy safe and responsible AI, which will benefit UK consu
Over one third of London market firms now actively using AI
The Lloyd’s Market Association (LMA) has hosted a seminar on the use of AI within the London specialty market. The seminar referenced results from a r

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.