CRO forum association
Budget
€10 — €0
EP Access
0
accredited persons
Staff
5
0.5 FTE
EU Grants
None
Mission & Goals
The CRO Forum has three core aims. By bringing together Chief Risk Officers of the various institutions, we are able to identify and benchmark good practice in risk management and share our ideas with the wider industry through publications – with the goal that these good practices encourage robust risk management within the industry, thereby advancing their business [Core aim #1]. In a shifting regulatory landscape, the CRO Forum seeks to promote alignment between regulatory regimes and industry best practice. The CRO Forum supports the development of risk-based regulatory systems which it considers to be in line with best practice risk management within the industry. [Core Aim #2]. Risk Management is also about looking ahead to risks that could develop, and as such, the CRO Forum runs an Emerging Risk Initiative [Core aim #3].
EU Legislative Interests
The CRO forum interacts occassionaly with EIOPA with regards to regulations which relate to Solvency II and IRRD
Communication Activities
https://www.thecroforum.org/category/publications/
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
none
Organisation Members
Note for reference that members are persons holding the position of chief risk officer at their insurance companies. These persons and their employers are listed here: https://www.thecroforum.org/members/
Additional Information
The estimated costs involved in the representing activities is low, because it is only a minor part of the activities performed by the CRO forum to interact with EIOPA or the EU Parliament. The persons that occassionaly interact with EIOPA or the EU Parliament are not compensated for these activities other then their normal wages by their employers. Note that NOT the employers are members of the CRO forum, but the persons holding the function of chief risk officers. Their employer allows them to take part to the CRO forum because of the knowledge sharing that takes place which adds value to the fulfilment of their function.
Commissioner Meetings
No recorded meetings with EU commissioners.