FERMA develops rimap® certification partnership with Brokerslink as part of drive to enhance risk management professional competencies

FERMA delivers five-day preparatory course for Brokerslink members combining virtual and in-person training Brussels, 18 March 2025 – FERMA has today completed a five-day rimap® risk management certification preparatory course in partnership with Brokerslink, a leading global broking network, and provided exclusively for Brokerslink members. The course forms part of a broader regional collaboration with […]

FERMA Seminar 2025: registrations are now open!

FERMA Seminar 2025: an exclusive and free educational European event for Risk Managers Join us in Zurich on 23-24 October 2025 for the FERMA Seminar 2025, an exclusive and free educational event designed by European risk managers, for European risk managers. The FERMA European Risk Management Seminar is a unique opportunity to engage with 250+ peers from all over Europe, […]

FERMA advocates for revisions to EU Public Procurement Directives to improve ability of public-sector companies to purchase insurance

Lack of flexibility and administrative burden hampering public tenders for insurance and disincentivising insurer participation Brussels, 12 March 2025 – FERMA has today published its Position Paper on the Revision of the EU Public Procurement Directives (PPD), in response to the European Commission’s public consultation, which proposes a series of policy options designed to introduce […]

Risk-ready, future-focused: FERMA and the European Commission advancing a resilient and competitive Europe

Risk management, sustainability, and regulatory efficiency is at the core of FERMA’s mission. Our Policy Manifesto for 2024-2029 outlines a vision that closely aligns with the European Commission’s Work Programme for 2025, particularly in promoting efficiency, resilience, and strategic growth across the European Union. The Commission’s agenda prioritizes competitiveness, sustainability, and crisis preparedness—all of which […]

FERMA promotes core risk management role in facilitating Polish Presidency’s efforts to build a more prepared, resilient and competitive EU economy

The Federation’s Contribution focuses on economic security, the net-zero transition and cyber resilience, and highlights the need to address the insurance gap   DOWNLOAD IT HERE Brussels, 13 January 2025 – FERMA has today published its Contribution to the Polish Presidency of the Council of the EU, urging the Presidency to recognise the contribution of […]

The Global Risk Manager Profile 2024: Results per Country

The survey has taken place every other year since 2001-2002 and represents a comprehensive picture of the views of Risk Managers from across Europe. This year, for the first time, the survey was expanded to include responses from members of risk management associations across the world, as well as the PwC global network. The global […]

European Risk Management Awards 2024 – Winners announcement

European Risk Management Awards 2024 recognise exceptional talent across risk management profession Radvile Ragozyte, risk manager at Vilnius Silumos tinkle from Lithuania, has been named Risk Manager of the Year at the European Risk Management Awards held by Ferma and Commercial Risk Europe. She won the award, sponsored by Allianz Commercial, at a ceremony and […]

FERMA asks EIOPA for simplicity in next-level of Solvency II measures

FERMA has submitted a response to EIOPA’s consultation on new proportionality regime under Solvency II, which calls upon EIOPA and national competent authorities to ensure Solvency II will be applied in a truly proportionate manner. EIOPA’s consultation comes at an important moment. At the end of 2023, the co-legislators agreed on the revisions to Solvency […]

Risk managers adapt insurance strategies in response to market conditions as concerns grow about uninsurable risks, finds FERMA’s Global Risk Manager Report

Report shows increasing adoption of captives in risk management strategies, with vehicles to be used to cover property, cyber, liability and supply chain risks over next two years. Download here   Brussels, 21 October 2024 – Risk managers are continuing to adapt their insurance strategies in response to challenging market conditions, as concerns increase regarding […]

Solvency II Review improves proportionality for captive (re)insurance companies, with revised framework expected by the end of 2024, according to latest FERMA Policy Note

New proportionality framework introduces category of “small and non-complex undertakings” (SNCUs), with majority of EU-domiciled captives expected to meet the SNCU criteria. Brussels, 17 October 2024 – FERMA has issued its third EU Policy Note, which details the European Commission’s review of the Solvency II Directive, providing guidance on how improvements to the Principle of […]

EU AI Act introduces comprehensive risk management requirements for ‘high-risk’ AI systems, according to latest FERMA Policy Note

EU Policy Note addresses practical considerations for risk managers of new regulation and considers insurance implications and the need to assess ‘Silent AI’. Brussels, 15 October 2024 – FERMA has issued an EU Policy Note on the EU’s Artificial Intelligence Act (EU AI Act) which provides guidance on the practical implications of the risk-based approach […]

European Risk Management Awards 2024 – Meet the finalists!

The European Risk Management Awards, established by FERMA and Commercial Risk in 2016, celebrate the individuals and organisations driving excellence in risk management. These awards highlight outstanding contributions in three categories: Excellence in Risk Management, Training & Education Excellence, and Industry Excellence. We’re excited to announce the 2024 finalists, each of whom has demonstrated exceptional […]

FERMA calls for streamlining of EU cyber reporting processes following release of “Cyber Reporting Stack” report

FRM-WTW_Cyber-V7webFirst-of-its-kind study, produced in partnership with WTW, provides cyber guidance to risk managers, calls upon the EU to simplify reporting requirements, and raises insurance considerations DOWLOAD IT HERE Brussels, 04 October 2024 – FERMA is urging EU Institutions to streamline cyber reporting requirements as well as consider the insurance implications of cyber-related legislation, following the […]

FERMA issues first EU Policy Note on the Corporate Sustainability Reporting Directive

CSRD requires more strategic involvement by risk managers to meet sustainability reporting demands, FERMA states FERMA issues first EU Policy Note, detailing how risk managers can help companies navigate reporting processes coming from the Corporate Sustainability Reporting Directive Brussels, 23 September 2024 – FERMA has issued an EU Policy Note on the Corporate Sustainability Reporting […]

FERMA calls for establishment of Expert Group on Protection Gaps by the European Commission following release of EU Climate Resilience Dialogue report

Findings of major study underline need for permanent body to advise on EU adaptation strategy Brussels, 04 September 2024 – FERMA reiterates its 2024-2029 policy manifesto proposal for the European Commission to set up an Expert Group on Climate Protection Gaps following the recent release of the EU Climate Resilience Dialogue report on narrowing the […]