A non-profit organization that represents the interests of risk management professionals across Europe. Key points about FERMA:
- Founded in 1974, FERMA aims to promote risk management and enhance the risk management profession in Europe.
- The organization represents over 5,000 risk managers through its 22 member associations from 21 European countries.
- FERMA provides a platform for sharing best practices, networking, and professional development among risk management professionals.
- It organizes a major biennial risk management forum, which brings together risk managers, insurers, brokers, and other stakeholders to discuss current trends and challenges in the field.
- The organization also conducts research, publishes reports, and engages with European institutions to influence policy and legislation related to risk management.
- FERMA has developed a professional certification program for risk managers called the FERMA Rimap (Risk Management Professional) certification, which aims to set a common standard across Europe.
Overall, FERMA plays a significant role in promoting and developing the risk management profession in Europe, fostering collaboration, and sharing knowledge among its members and stakeholders.