Tag Archives : Benchmarking Survey

New FERMA president to set Certification, European influence and survey development as goals for his term

Jo Willaert, the next President of the Federation of European Risk Management Associations (FERMA), will set the achievement of FERMA’s professional Certification project, increased European influence for risk management and further development of FERMA’s biannual benchmarking survey as goals for his two year term.

Jo, Corporate Risk Manager for Agfa-Gevaert based in Antwerp, will take over as President of FERMA from Julia Graham at the close of the 2015 FERMA Risk Management Forum in Venice on 7 October. Continue reading

Letter from Brussels

With a successful Seminar and our 40th anniversary celebrations behind us, FERMA has turned its attention to the projects which our European Risk and Insurance Report and Risk Management Benchmarking Survey show us are the priorities for our members.

At the top of our agenda is Certification. The report demonstrates that there is a great need for this qualification, and we are now finalizing the implementation timeline. Continue reading

Great support for European Risk and Insurance Report

FERMA’s first European Risk and Insurance Report, containing the results and analysis of the 7th edition of FERMA’s Risk Management Benchmarking Survey, has received a strongly positive reception from risk managers and partners alike. More than 80% of the feedback from the Seminar, where it was launched, rated it excellent or good, and the online reports have already been accessed or downloaded. Some partners have already indicated they want to support the next edition of the report and survey. Continue reading

Interview with Cristina Martinez on the first European Risk and Insurance Report

The report provides a benchmark of risk management practices in Europe, and FERMA hopes the results will demonstrate the value of the risk and insurance function within companies throughout Europe.

Interview with Cristina Martinez who is Director of Corporate Risk Management at Campofrio Food Group in Spain, and chair of the working group responsible for the FERMA’s Benchmarking Survey. Continue reading

European organisations need to improve management of top risks

Risk management is developing into a strategic function within European organisations. At the same time, risk management can contribute much more as its strategic role grows. Currently, risk managers are not satisfied with the level of mitigation for six of the top 10 risks “that keep their CEO awake at night”.

These are key findings from the 2014 Risk Management Benchmarking Survey conducted earlier this year by the Federation of European Risk Management Associations (FERMA). Now its 7th edition, the FERMA Benchmarking Survey this year received a record number of 850 responses from 21 European countries. Continue reading

FERMA President’s blog

Welcome to all of the readers of the FERMA Newsletter – I cannot believe that almost a year has passed since our successful Forum in Maastricht!

We have been busy at FERMA working with our associations, their presidents and members. As President of FERMA, I have enjoyed meeting members of associations in France, Malta, Italy, Slovenia, Spain, Sweden, Turkey, UK, and shortly in Switzerland and Poland. I made a promise to meet as many associations as I could and I remain committed to visiting all of them at some stage during my two years. Continue reading

FERMA’s survey results support risk leaders

The 7th FERMA Risk Management Benchmarking Survey provides evidence that risk managers are becoming risk leaders, says FERMA President Julia Graham, ahead of the FERMA Seminar on 20 and 21 October when the results will be released.
Julia explains, “FERMA has said that risk managers are becoming risk leaders – the survey responses provide evidence to support that view. This seventh edition of the Benchmarking Survey, therefore, also endorses our objective to shape and support risk management as a profession.” Continue reading

Letter from Brussels

September is a busy time for FERMA with the publication of our first European Risk and Insurance Report and the Seminar approaching closer. We’re also working on the plans for our gala dinner to celebrate our 40th anniversary, which will take place on 20 October at the Seminar, and not forgetting forward planning for the 2015 Risk Management Forum in Venice. It’s a very full calendar. Continue reading

First FERMA European Risk and Insurance Report to reveal added value from risk management

The first FERMA European Risk and Insurance Report will position the risk and insurance functions in companies by showing the value that they add.

The report, which is based on the results of the 2014 FERMA Benchmarking Survey, will be released at the FERMA Seminar on 20 and 21 October in Brussels. Continue reading

Record number of survey responses; hard work on analysis is now underway

The 2014 FERMA Risk Management Benchmarking Survey closed on Friday 20 June with a total of 850 replies. This is the highest number of responses the survey has ever received and it means the results are ever more representative of the views of the European risk management community.

The survey committee, composed of FERMA board members and representatives of the industry partner organisations, immediately started to work on analyzing the responses. The results will be revealed at the FERMA Seminar 2014 on 20 and 21 October in Brussels. An independent survey company Toluna collects the responses. Continue reading