Federation of European Risk Management Associations
Budget
€50 — €0
EP Access
1
accredited persons
Staff
3
2 FTE
EU Grants
None
Mission & Goals
FERMA’s vision is of “a world where risk management is embedded in the business model and culture of organisations”. It is embodied in our mission statement that aligns FERMA’s work with its goals of increasing leadership in risk management and enhancing risk managers’ strategic influence. To do this, FERMA will: - 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.
EU Legislative Interests
1. Digitalisation-related developments: in particular in the area of cybersecurity (NIS2 Directive, Cyber Resilience Act, Cyber security Act) where FERMA promotes the role of the risk manager to coordinate the assessment and the treatment of cyber risks across the organisation - Digital Single Market, GDPR and role of the DPO, ENISA role regarding non-IT professions. 2. Sustainability: adaptation to climate change strategy and climate resilience, Environmental Liability Directive, corporate sustainable governance, and corporate sustainability reporting. 3. Insurance sector regulations: the implementation of the Solvency II Directive and the impacts for the small insurance businesses, cyber insurance developments, as well as developments related to non-damage business interruption cover in light of the Coronavirus pandemic.
Communication Activities
- Development of a pan-European professional certification for the risk management profession (FERMA rimap - RIsk MAnager Professional) - Publications on cyber risk governance and cyber insurance - Publications on insurance coverage gaps and sustainability related dossiers - European Forum of Risk Management every two years in a European city - European Risk Management Seminar in a European city every two years
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
IFRIMA (The International Federation of Risk and Insurance Management Associations) EIOPA Consultative Expert Group on Digital Ethics (membership of Philippe Cotelle, FERMA President)
Organisation Members
http://www.ferma.eu/about/our-members
Commissioner Meetings
No recorded meetings with EU commissioners.