Tag Archives : FERMA

Exclusive FERMA ECIIA Cyber Risk Governance report available

Click above to read the report!

Joint FERMA/ ECIIA Conference
At the junction of corporate governance and cyber security
29 June 2017 from 16:15 to 18:45
European Parliament, Room JAN 6Q1, Brussels

Kindly hosted by MEP Antanas GUOGA

Conference report

A joint working group, representing risk managers and internal auditors from 8 EU countries and  6 different economic sectors (bank, transport, defense, IT, food services and telecom) has developed recommendations for organizations on innovative ways to internally organize the management of cyber risks.

These recommendations include a cyber risk governance model between the key internal stakeholders and the Risk and Audit Committees.

The proposed model will increase cyber-resilience, define the key stakeholders and the conditions for success. Developing cyber governance principles for greater resilience is supported by the World Economic Forum, which published a report in January 2017: « Advancing Cyber Resilience: Principles and Tools for Boards ».


Click above to read the agenda and biographies of the speakers





The aim of the conference is to present and discuss the proposed report and respond to the following fundamental question: is there a governance model that would support the resilience of the European economy in terms of effective and efficient risk management and compliance?

Although companies must remain free to organize the way they manage risk, aware that there is no « one size fits all » solution, whatever the approach taken, it is essential to embed cyber security throughout the organization from the top to the operational level.

Corporate Governance and Cybersecurity Event at European Parliament 29 June 2017

Media Contacts

Lee Coppack

FERMA media coordinator, +44 (0) 7843 089904 and +44 (0) 208 318 0330, lee@coppack.co.uk

Typhaine Beaupérin

CEO FERMA, +32 (2) 761 94 31, typhaine.beauperin@ferma.eu


Shortlist announced for FERMA & CRE European Risk Management Awards

The shortlist for the inaugural European Risk Management Awards’ Excellence in Risk Management categories has been announced following deliberation by the judging panel at last week’s FERMA Seminar.

The Excellence in Risk Management awards aim to reward high achievement and innovation. As joint hosts of the European Risk Management Awards, both FERMA and Commercial Risk Europe hope these categories will encourage risk managers, insurers, brokers and other service providers.

A 10-strong team of judges, comprising prominent members of FERMA national associations and IFRIMA, have been deliberating the entries for a number of weeks.

The expert judging panel is made up purely from the risk and insurance management community to ensure the awards are designed for risk managers, by risk managers. The panel consists of:

  • Juan Carlos López Porcel, President, Agers
  • Julia Graham, Technical Director, Airmic
  • Gaëtan Lefèvre, President, Belrim
  • Helle Friberg, Darim
  • Gilbert Canameras, Secretary General, Ferma
  • Gilbert Van den Eynde, GvW
  • Carl Leeman, President, Ifrima
  • Slawomir Pijanowski, President, Polrisk
  • Sabrina Hartusch, President, Sirm
  • Niclas Nelson, President, Swerma

Following a meeting at the FERMA Seminar in Malta last week they have now compiled a shortlist for award categories

The 2016 Excellence in Risk Management shortlist is as follows:

Risk Manager of the Year

  • Belgium, Olivier Moumal, Director Audit and Risk, The Proximus Group
  • Denmark, Kristine Raffel, Group Risk Manager, CPH, Copenhagen Airports Ltd
  • Finland, Heljo Laukkala, Vice President, Corporate Risk Management, Metso Corporation

Rising Star of the Year

  • France, Phillipe Cotelle, Risk Manager, Airbus
  • Spain, Elena Gil, Risk Manager, INECO
  • Switzerland, Pauline Davoust, Risk Manager, Gate Group

Risk Manager Lifetime achievement

  • Czech Republic, Jana Bicanová, Risk Manager, Česká telekomunikační infrastruktura a.s
  • Germany, Hans Jörg Schill, Risk Manager, Airport Assekuranz Vermittlungs-GmbH
  • Spain, Ignacio Martinez de Baroja, Risk Manager, HISPASAT

Innovative Insurance Programme of the Year

    • Belgium, Michael Dehert, Risk Manager, The Brussels Airport Company
    • Czech Republic, Branislav Lacko, Risk Project Analysis, Technical University of Brno
    • Spain, Luis Ros Arnal, Risk Manager, ENAGÁS


The shortlist for companies nominated for each of the seven customer services categories is as follow:

Captive Management Solution of the Year

      • AIG
      • Willis Towers Watson
      • Zurich

Insurer Innovation of the Year

      • AGCS
      • AIG
      • Swiss Re Corporate Solutions and SBB Insurance AG

Broker Innovation of the Year

      • Aon
      • Arthur J Gallagher
      • Marsh

Emerging Risk Solution of the Year

      • AIG
      • AXA
      • Swiss Re Corporate Solutions

Global Programme of the Year

      • AIG
      • International SOS
      • Zurich

Technological Innovation of the Year

      • AXA
      • Munich Re & Beazley
      • RSA & MSM Software Solved
      • Zurich

Claims Innovation of the Year

      • AIG
      • Chubb
      • Crawford & Company

FERMA and CRE would like to congratulate all of the shortlisted firms. Since the awards were launched in May, there have been over 80 nominations. It is therefore no mean feat and a significant achievement to reach this stage in proceedings.

The winners of the Excellence in Customer Services categories, as well as the Excellence in Risk Management and Industry Leadership designations that make up the European Risk Management Awards, will be announced at a gala dinner on 6 December at Le Plaza Hotel in Brussels

We are delighted by the number of nominations we have received from across Europe and would like to thank all our national member associations that helped us compile such a high calibre list of candidates

The great response to the awards, suggests that the whole risk management and transfer industry supports our aim of raising the profile of the risk profession and highlighting the value FERMA members bring. The fact that the industry has embraced the event bodes well for the future of the risk and insurance management profession, as well as the partnerships needed with risk transfer providers to deliver better solutions.

Ferma and CRE hope to see many of you there for what will be a fun and important night in the risk management calendar.


A Proud President: Jo Willaert


Jo Willaert

Nine months have passed since I have switched from the position of Deputy President of FERMA to President, and I can say today that I am a proud President:

I am proud of what we have accomplished in that time, for which I thank my board colleagues and the FERMA staff for their support;

I am proud of taking part in the design and implementation of a new strategic plan for FERMA, about which you will learn more in the coming months;

And I am proud of our network, which is growing and becoming more influential for the benefit of the risk managers’ community.


Our themes for my presidency are LEADERSHIP – COMMUNICATION – EDUCATION, and I would like to pick out some of our achievements and plans under these headings.

When it comes to leadership, FERMA is the single recognised voice of European risk managers and, as such, its primary mission is to represent the interests of its member associations and their members to the European institutions. Lobbying activities, therefore, have been intensified to strengthen our political impact and promote the fundamental role of risk managers and the value of ERM methodology to EU institutions and other international organisations.

Our member associations are our reason for being. COMMUNICATION with them is absolutely essential for us to deliver tangible added-value. We also want more interaction between members and for members to become more involved in FERMA’s activities. Part of the way we are encouraging this is to enhance members’ feeling of belonging to a European network. We have produced a booklet about the network, which will be enriched over the coming months with more data and information. You can download it here.

I am proud of our certification project rimap®. We took the initiative, and we are leading a trend that is being followed worldwide. This is the evidence that we in FERMA and our associations are the pioneers of the professionalism in risk management. Rimap is a long journey, but it is paying off.

Having focused so much on EDUCATION in 2016, I can tell you that 2017 will be the year of LEADERSHIP. The 2017 FERMA Forum will be in Monte Carlo from 15-18 October, and we have already chosen as our theme ‘Risk Manager in Pole Position’.  It is an appropriate title for Monte Carlo, and for us, too, because it conveys images of risk, performance, anticipation, prevention, crisis management, team spirit and new technologies. The connection with the profession is self-evident.


TAKE PART in the FERMA European Risk and Insurance Survey 2016 extended till 10th June. Help us define the risk manager profession!

XL CatlinXL CatlinWe’re glad to inform that the Federation of European Risk Management Associations (FERMA) has partnered with AIG, XL Catlin, EY, Marsh and Chubb supporting the Europe-wide benchmarking survey of risk and insurance management which started on 8 April.

The FERMA European Risk and Insurance Survey stands as the largest European survey on risk managers. This 8th edition is meant to consolidate the FERMA European Risk and Insurance Survey as a useful benchmarking tool for risk managers to offer a unique view into peer benchmarks amongst 4700 risk managers across 21 countries in Europe.

All FERMA association members should have received an invitation to participate in the survey with a link to the questionnaire. If you haven’t received an invitation, we would like to encourage you to contact Laetitia Fung at FERMA (administration@ferma.eu) giving your first and last name, business title, company, country and email address and you will receive a personal link by email. For your information: the survey can be completed in 25 minutes and most questions are optional.

FERMA’s intention is to create a reference work for risk and insurance managers throughout Europe that will also provide a tangible basis for reporting to senior management on risk management. We hope for the participation of as many risk managers as possible to make the results truly representative of the views of risk and insurance managers across Europe.

To create the 2016 survey, Commercial Partners have extensively worked with FERMA, its member associations in 21 countries and other selected industry partners. Based on this collaboration, the survey will ask risk and insurance managers for their views on the most significant risks of today, evaluation, associated costs, emerging risks and insurability, risk management governance, compliance etc.

The survey is open until 27 May. An independent company will collect and analyse the responses. The results will form the basis of the second FERMA European Risk and Insurance Report, which will be published at the FERMA Seminar in Malta on 3 & 4 October 2016.

Download this publication in PDF Format

FERMA elects Canameras and Wegener as new board members; three board members receive new mandates

The Federation of European Risk Management Associations (FERMA) has elected as board members Gilbert Canameras, immediate past president of the French risk management association AMRAE, and Dirk Wegener, Global Head Corporate Insurance for Deutsche Bank, a board member of the German association bfv and a member of the German association DVS.

Three directors were re-elected following expiry of their previous three year mandates: Jo Willaert (BELRIM), Michel Dennery (AMRAE); and Isabel Martinez (AGERS).
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FERMA celebrates 40 years

The Federation of European Risk Management Associations (FERMA) will use the occasion of its Seminar on 20-21 October 2014 to celebrate its 40th anniversary with the publication of an anniversary brochure and a gala dinner. The Seminar will take place at the Square venue in central Brussels, where FERMA will announce the results of the 2014 FERMA Risk Management Benchmarking Survey.* Continue reading

Interview with Edwin Meyer

Interview with Edwin Meyer (General Manager Risk and Insurance, Arcelor Mittal) on his role as a board member
Continue reading

Interview with Bertrand Piccard and Oliver Dlugosh

Interview with balloonist extraordinaire Bertrand Piccard and Swiss Re sponsor Oliver Dlugosh after Bertrand’s thrilling Opening Talk at FERMA 2013 in Maastricht Continue reading

Interview with Jorge Luzzi

Interview with Jorge Luzzi, FERMA’s President. Continue reading

FERMA elects board members

FERMA elected four board members at its general assembly held on 20 June. Jorge Luzzi and Julia Graham were re-elected following the end of their previous three year mandates. Anders Esbjörnsson and Edwin V. Meyer were newly elected. All will serve for three years. Isabel Martinez who joined the board in 2012 to fill a vacancy was confirmed as a full board member. Continue reading