October 17, 2023
Charlotte Hedemark became president of the Federation of European Risk Management Associations (FERMA) on Oct. 16 at an official handover ceremony at the FERMA Seminar 2023 in Antwerp, Belgium. She replaces Dirk Wegener, who was president for four years. In …
June 28, 2023
The Federation of European Risk Management Associations (FERMA) has appointed Charlotte Hedemark as the next president of FERMA. Her election was announced at the first meeting of the new FERMA Board following the Annual General Assembly in Brussels on June …
May 10, 2023
The Federation of European Risk Management Associations (FERMA) said it has concerns that the cyber insurance market is “evolving in isolation from the industries which it insurers,” and is calling for more certainty regarding the long-term viability of the product. …
September 29, 2022
While supply chain risks are insurable, many products do not cover non-damage business interruption, and companies could find they aren’t covered for shipping delays that don’t involve physical damage. As a result, many risk experts believe that if insurance isn’t …
January 28, 2022
The Federation of European Risk Management Associations (FERMA) has launched a simplified guide to risk mapping for remote working. The tool consists of a simple questionnaire that organizations of any size can use. Using a template of risks and opportunities …
May 26, 2020
A European Union framework is needed to provide insurance cover for catastrophes such as pandemics and huge cyber attacks, the Federation of European Risk Management (FERMA) said on Tuesday. This would involve public-private partnerships and could cover events which hit …
May 7, 2020
Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators said. Disputes over cover for businesses struggling to stay afloat during coronavirus lockdowns have erupted in countries …
May 7, 2020
The Federation of European Risk Management Associations (FERMA) announced the launch of a task force to create proposals to address the issue of business interruption coverage for catastrophic risks. “Our aim is to support the creation of economies that are …
April 17, 2020
The Federation of European Risk Management Associations (FERMA) support the development of government backstops to increase financial resilience against future pandemic risks – similar to what already exists in many countries for terrorism and natural catastrophes. While many European businesses …
April 7, 2020
The Federation of European Risk Management Associations (FERMA) has called for enhanced understanding of the insurance needs of European businesses to help them get through the pandemic and recover afterwards. “Many companies are under great pressure as a result of …