Monthly Archives: July 2017

Risk Conversation at Board level: 6th webinar with ecoDa and AIG – Risk Appetite

A Joint conference with FERMA, ecoDa and AIG

Setting up risk appetite in a more complex trade environment

 7 September at 10.30 CET

Click above for more details and complete biographies

The webinar is organized by the Federation of European Risk Management Associations (FERMA), the European Confederation of Directors’ Associations (ecoDa) and AIG.

 Keynote speakers: Sonia Cambier, Global Head of Insurance & Prevention, Solvay; Fredrik Erixon, Director, ECIPE, and Carolyne Spackman, Vice President/Chief Economist of Country Risk, AIG  

Moderated by: Jo Willaert, President of FERMA, Corporate Risk Manager, Agfa-Gevaert

The increasingly rapid evolution of the global context will continue to affect international trade in the near future. Multinational organisations have embraced globalization for decades, but threats of increasing protectionism and the fast pace of political changes, are challenging the foundation of a global economy based on free trade, multilateral agreements and political stability.

The new trade environment includes not only threats (like an increased US protectionism, the Brexit, sanctions on Qatar), but also opportunities (opening of Iran, commitment of China into the COP 21 Paris agreement) which are generating exciting perspectives for companies able to adjust their global strategy and their risk appetite.

The webinar will address the following questions:

  • How do business leaders integrate these new parameters in their strategy?
  • Has it impacted companies’ risk appetite?
  • How is this topic addressed and discussed between the board and the risk management function?
  • What are the triggers for the revision of companies’ risk appetite for operations abroad?
  • What are the perspectives for the European Union for its future model, scope and priorities and relations with countries like China?
  • Are there opportunities for European businesses in this reshaping of trade relationships?


FERMA European Risk Management Certification goes live online

The Federation of European Risk Management Associations announced that its European Certification programme is now live online. The first online examinations will start in September.

Says FERMA President Jo Willaert, “This is a major step forward in giving access to FERMA Certification to risk professionals throughout Europe. Application, registration, all educational materials and examinations are now open to any qualified risk professional through the internet.

FERMA Certification is the only European professional designation for risk managers. Developed by FERMA and its 22 national associations, it provides independent confirmation of the professional competences, experience and standards of individual risk managers. Certification rests on four pillars: knowledge, experience, continuous professional development (CPD) and a code of ethics. These four pillars ensure that knowledge is joined to experience and professional ethics.

FERMA will remain responsible for the content and approval of the candidates. FERMA’s partner, an established supplier of online insurance and risk management education ANZIIF, is providing the platform and will schedule examinations online every month from September.

Says Jo, “We are very excited about this step for Certification and its value in the continuing development of the risk management profession in Europe. The process is easy and candidates have direct access to the materials to prepare for the exam. Some of our members’ countries will also organise a physical training programme for candidates.

Click above for registration information

Interested risk professionals can find all necessary information about the FERMA rimap certification and register at  

Current examination dates are scheduled as follows: 

Exam Dates
Thursday 21 September ’17
Sunday 15 October ’17
Thursday 23 November ’17
Thursday 14 December ’17


 Notes to journalists

 FERMA and its member associations launched the FERMA rimap Certification in October 2015. The first 18 successful candidates received their Certificates at the FERMA Seminar in Malta in September 2016. Since then, seven other candidates from Danish Risk Management association DARIM have qualified through a paper-based examination in Copenhagen on 25 January.

The exam is based on the Body of Knowledge developed by FERMA and its 22 members.

Media Contacts

Lee Coppack

FERMA media coordinator, +44 (0) 7843 089904 and +44 (0) 208 318 0330,

Typhaine Beaupérin

CEO FERMA, +32 (2) 761 94 31,

FERMA Network Booklet 2017

2017 Facts and Figures about the risk management associations

FERMA Network Booklet 2017-PDF version



Elections to FERMA board, new term for Jo Willaert

The general assembly of the Federation of European Risk Management Associations has chosen six board members and confirmed Jo Willaert as President for an additional two-year term. The meeting took place in Brussels on Friday (30 June).

The board members elected and their national associations are:

  • Philippe Cotelle (AMRAE- France)
  • Helle Friberg (DARIM- Denmark)
  • Tapio Huovinen (FinnRima – Finland)
  • Gaëtan Lefèvre (BELRIM- Belgium)
  • Xavier Mutzig (Airmic – UK)
  • Laurent Nihoul (ALRiM – Luxembourg)

Jo Willaert said: “I am honoured to be asked by my colleagues to serve another term as president of FERMA. We have an unusual number of new board members this year. They bring remarkable experience and expertise to the board that will support FERMA as we develop our work on key issues such as cyber risks, captives and BEPS, environmental liability, Brexit and the future of the EU. They will contribute to risk leadership in Europe.”


Philippe Cotelle is Head of Insurance and Risk Management of Airbus Defence & Space. He has engineering and MBA degrees and was a senior space underwriter for the French reinsurer SCOR for four years before coming a risk manager. Philippe was a member of the joint FERMA working group with the European Confederation of Institutes of Internal Auditing (ECIIA) that has just published framework proposals on cyber risk governance.

Helle Friberg is Group Insurance Manager for Danish paint manufacturer, Hempel. She is responsible for the group’s global insurance programme and developed and introduced enterprise risk management within Hempel Group. She has been a member of the FERMA board for six years.

 Tapio Huovinen is President of the Finnish risk management association FinnRima. He is Director of Risk Management for the forest products group, UPM-Kymme Corporation. Tapio started his career in insurance, but soon moved into risk management. He holds engineering and MBA degrees.
Gaëtan Lefèvre is immediate past president of the Belgian risk management association BELRIM. He is the Risk, Insurance and Professional Ethics Manager for CMI Group. He trained as a mining engineer before joining the insurance industry, and then became a risk manager.
Xavier Mutzig is Group Insurance Manager for Johnson Matthey, an FTSE 100 company, where he leads the insurable risk management function worldwide. He has a background in French and English law followed by almost 25 years in the corporate risk and insurance industry. Xavier is an Airmic board member and chairman of its marketing and membership committee.

Laurent Nihoul is General Manager Corporate Risk and Insurance for ArcelorMittal, based in Luxembourg. His department is responsible for arranging global corporate insurance programmes for the group’s entities worldwide. He holds a master’s degree in finance and insurance, and has worked in various aspects of (re)insurance, including captives. Laurent is a board member of ALRiM with responsibility for (re) insurance topics.

Philippe Cotelle, Helle Friberg, Tapio Huovinen, Gaëtan Lefèvre and Laurent Nihoul are FERMA rimap certified.

The full board of FERMA is now Jo Willaert (President), Dirk Wegener (Vice President), Philippe Cotelle, Anders Esbjörnsson, Helle Friberg, Charlotte Hedemark Nielsen, Tapio Huovinen, Gaëtan Lefèvre, Maria Isabel Martinez Torre-Enciso, Ralph Mulder, Xavier Mutzig and Laurent Nihoul.

Full list of FERMA Board members:

Link to FERMA General Assembly 2017 photo album: