Monthly Archives: March 2015

FERMA Newsletter 64 (Table of content)

Read the last FERMA newsletter. Continue reading

Forum 2015 – just over six months to go

The FERMA Forum 2015 moves ever closer. The Forum website is now open at, the programme is taking shape and online registration will start any day. Continue reading

Certification enters the testing phase

FERMA’s plans for European Certification of Risk Managers have moved forward to a testing phase for the application and examination process by volunteers and the finalisation of the first set of exam questions. The project is on track for a launch during the FERMA Forum on 4-7 October. Continue reading

Tributes to Edwin V Meyer

Tributes flowed into FERMA following the unexpected death of FERMA Board member and Secretary General Edwin V Meyer on 7 February.

FERMA offered friends and colleagues the opportunity to express their thoughts via LinkedIn and on the FERMA website. Other condolences came direct. Continue reading

From the President

Diversity is one of the key issues for my term as FERMA President. The theme for International Women’s Day on the 8 March this year was “Make it happen” – which echos what we aim to achieve at FERMA in 2015.

Gender diversity for FERMA is about recognising and celebrating the differences between men and women, working out how businesses can be encouraged to take advantage of the opportunities these differences present and, for FERMA, doing what we can to reduce the gender gap. It is also about how women can be encouraged to hunt out opportunities and rise to the challenge. Gender diversity is not about ironing out the different characteristics and qualities of gender. Continue reading

Diversity in the Risk Professions: everyone’s career is different

Everyone’s career is different, says former FERMA and BELRIM President Marie-Gemma Dequae. Marie has combined a successful career as an academic, risk manager, wife and mother with four children, and now non-executive director. “You have to consider where you come from, where you are and where you want to be in 5 to 10 years’ time. Do not look only inside your existing work environment, but into the broader world. There are lots of opportunities out there!”

Here are her tips for women in the risk professions. For the full story of Marie’s career see Continue reading

Diversity in the risk professions – the view from France

Visitors to the 23rd Rencontres of AMRAE in February could have left Cannes with the impression that women have a huge presence in France’s risk management and insurance sectors.

Women composed a large share of participants in the event’s sessions and workshops, as well as among the executives, advisers and sales personnel hosting the exhibitors’ stalls, set up by the insurance industry. Continue reading

Letter from Brussels

The last month was a difficult time for FERMA. We have all been very affected by the sudden loss of our Secretary General Edwin V Meyer. All the board and the risk community shared their sympathy in these sad moments. Edwin initiated and was leading major projects such as international programmes and the technical content of the FERMA Forum 2015, in addition to his prominent new role as secretary general. FERMA has moved forward with the reassignment of his major tasks. At the same time, in many meetings his presence and spirit still drive our actions and remind us of the direction we should take. Continue reading

A duty of care

FERMA proposes to publish a white paper providing the European risk managers’ perspective on the management of safety, health and security risks for work-related international travel and assignments. The paper, which would be prepared in
cooperation with the International SOS Foundation and the EU Occupation Safety and Health Agency (EU-OHSA) will provide
information and guidance on organisations’ duty of care for their workers on cross-border assignments.

Duty of care is the moral and legal responsibility of organisations to their workers, contractors, volunteers and others such as family members, especially when they are on international assignments or in remote areas of their own country. Businesses need to manage those responsibilities and ensure the health and safety of those workers through a proper travel risk management policy. Continue reading

Solvency II and the treatment of third country jurisdictions

Because insurance is a global industry, the Solvency II regime (entering into force on 1 January 2016) includes some provisions regarding the recognition of third country jurisdictions as offering an equivalent level of supervision. For FERMA, an equivalence decision means an easier access to insurance capacities.

The process leading to the Solvency II equivalence of the insurance supervisory system of a third country jurisdiction is conducted by the European Commission in cooperation with EIOPA, the European insurance supervisor. Continue reading