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Member, Beacon International Group, Ltd.
The Federation of European Risk Management Associations has changed its bylaws to admit individual and corporate members who have an interest in risk management.
Previously, membership in the Brussels-based association was limited to national risk management groups in Europe.
To join FERMA, individual members must manage or oversee risk or insurance for their employer, while corporate members must have insurable interests in Europe and employ a risk or insurance manager, FERMA said.
“We know that individuals and companies who have an interest in managing risks in Europe would like to follow our activities more closely,” Pierre Sonigo, FERMA secretary general, said in a statement.
“How many there will be, we do not yet know, but we expect to have applications from the United States, the Middle East and other parts of the world, including the small number of European countries which do not currently have a FERMA member association,” he said in the statement.