Monthly Archives: February 2015

Why enter for risk management awards?

As chair of the judges of the annual British Insurance Awards, I am often sorry that more risk managers do not enter for their category. With entries now open for the 2015 awards, I want to encourage my colleagues in the UK and those from the rest of Europe with material UK interests to enter or nominate a colleague. It is open to any risk manager or risk management team involved in designing and implementing an enterprise risk management programme and/or insurance programme within an organisation, this award is presented by AIRMIC. Continue reading

Edwin Meyer passes away aged 59

Edwin Meyer, General Manager, Risk and Insurance Management at steel giant ArcelorMittal, passed away on Saturday, February 7 following a heart attack. Mr Meyer, who was an active member of the Federation of European Risk Management Associations (Ferma) as well as several national European risk management associations, including Germany’s DVS, will be sorely missed.

Mr Meyer died aged 59. He was a manager of true vision who thought about the future of his company above and beyond the narrow limits of buying insurance. Continue reading

FERMA announces with great sadness the death of Secretary General Edwin V. Meyer

The Federation of European Risk Management Associations (FERMA) announces with great sadness the death of Edwin V. Meyer, FERMA Secretary General and board member.

Edwin was General Manager Risk and Insurance Management for ArcelorMittal based in Luxembourg. He joined the FERMA board in 2013 and also served as a board member of the German risk management association DVS. He was also a member of the Dutch risk management association NARIM and the Luxembourg risk management association ALRiM.

Edwin Meyer

Edwin V. Meyer

FERMA President Julia Graham said: “Edwin will be a great loss to FERMA and to our profession. He had already made a great contribution to FERMA as a member of the board and had recently taken over the important role as Secretary General. He was also chair of the programme committee for the FERMA Forum 2015, as well as the leader of a number of other FERMA special projects.

“When Edwin joined the FERMA Board he gave three reasons for doing so: to bring to bear his accumulated work experience in the interests of FERMA; to represent the interests of the German associations DVS and bfv in support of FERMA; and to share in the board of FERMA the responsibility for achieving the associations goals and objectives. Edwin achieved all of these objectives and much more.

Our thoughts are with Edwin’s family and his friends and colleagues at this difficult time. We will all miss his professionalism, experience and wisdom, and his sense of humour and his smile”.

Edwin V. Meyer

Throughout his career Edwin worked internationally with a focus on risk management and insurance servicing the needs of global clients. As General Manager Risk and Insurance Management for ArcelorMittal based in Luxembourg, he had global responsibility for setting ArcelorMittal’s insurable risk strategy, standards and procedures as well as worldwide implementation.
He was a director of various captive insurance companies in various territories and handled ArcelorMittal’s captive.

An engineer by education, Edwin started his career with the Industrial Risk Insurers (IRI) in Milwaukee, USA. He subsequently became IRI’s Manager for Europe, Middle East and Africa. Thereafter he joined the insurance broker Sedgwick in the Netherlands, with responsibility for Sedgwick’s European risk management services strategy and later moved to Cologne, Germany, with responsibility for the Sedgwick Global Client segment.
Returning to the insurer side of the business, he became country manager for St Paul International Insurance Company in the Netherlands. A move to the global insurance broker Marsh followed, where he was responsible for the firm’s global client risk management practice in the Netherlands, before joining ArcelorMittal in 2005.

Edwin was the Chairman of the Insurance Committee of the Wirtschaftsvereinigung Stahl in Germany and a member of the board of the Insurance Committee of the German Industry Association (BDI). He was a member of M 200 and an INSEAD alumnus having attended the advanced management programme in 1992.

Lee Coppack, FERMA media coordinator, at
+44 208 318 0330/ +44 7843 089904.

Florence Bindelle, FERMA Executive Director, at
+32 (2) 761 94 31

FERMA Newsletter 63 (Table of content)

FERMA Newsletter 63 (February 2015)
Download Newsletter 63
February 2015

Table of Contents

Top Italian insurer sponsors Forum

Italy’s largest insurer Generali Assicurazioni, is to be the diamond sponsor for the 2015 FERMA Forum in Venice on 4 to 7 October. Diamond sponsorship is a new category this year open only to a partner from the host country. Continue reading

More Forum news

Platinum, gold and silver sponsorship opportunities are still available;
Only a limited number of exhibition stands remain;
Applications are also open for speakers. Continue reading

Board approves strategic actions setting directions in 2015

The FERMA Board has approved 14 strategic actions for 2015 and ensured that they are aligned with FERMA’s strategic objectives: to be a significant stakeholder at EU level, to coordinate and support the development of risk management, and to be sustainable. Continue reading

Solvency II: one step further towards legal certainty despite a restrictive definition of captives

The Delegated Act for the Solvency II Directive was finally published on 17 January 2015 on the EU Official Journal.
The definition and simplifications for the calculation of provisions for captives have remained constantly the same since the versions of July and October 2014; they are treated in the articles 89, 90, 103, 105 and 106 of the new Delegated Act. Eligible captives are still limited to the type of captives which do not have compulsory third party liability business and which provide cover only to undertakings belonging to the group.
Continue reading

2015: FERMA looks ahead

FERMA has started 2015 with a new executive structure and ambitious plans for the year. Here the executive team give us their views and personal objectives. Continue reading

European Risk and Insurance Report now in Russian

The FERMA European Risk and Insurance Report 2014 is now available in Russian thanks to our member RusRisk who has made a translation Continue reading