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Airmic
Airmic (the Association of Insurance and Risk Managers in Industry and Commerce; formerly the Association of Insurance and Risk Managers) is a UK-based association and representative body. Established in 1963, it exists to promote the interests of corporate insurance buyers and those involved in Enterprise Risk Management, and to encourage best practice. It is run as a not-for-profit company limited by guarantee, governed by a Board of Directors elected from members with support from a full-time London-based secretariat. Airmic’s ten-year strategy (agreed, 2011) highlights five key priorities: to support members in their professional development and execution of their roles; to ensure that the value of risk management and insurance is understood at board level; to promote and influence the further development of recognised risk management qualifications; to drive research and market efficiency in business insurance; and to provide thought leadership in the area of risk management. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enterprise Risk Management
Enterprise risk management (ERM) in business includes the methods and processes used by organizations to manage risks and seize opportunities related to the achievement of their objectives. ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization's objectives (threats and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring process. By identifying and proactively addressing risks and opportunities, business enterprises protect and create value for their stakeholders, including owners, employees, customers, regulators, and society overall. ERM can also be described as a risk-based approach to managing an enterprise, integrating concepts of internal control, the Sarbanes–Oxley Act, data protection and strategic planning. ERM is evolving to address the needs of various stakeholders, who want to understand the broad spec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional Development
Professional development is learning to earn or maintain professional credentials such as academic degrees to formal coursework, attending conferences, and informal learning Informal learning is characterized "by a low degree of planning and organizing in terms of the learning context, learning support, learning time, and learning objectives". It differs from formal learning, non-formal learning, and self-regulated l ... opportunities situated in practice. It has been described as intensive and collaborative, ideally incorporating an evaluative stage. There is a variety of approaches to professional development, including consultation, coaching, community of practice, communities of practice, lesson study, mentoring, reflective supervision and technical assistance.National Professional Development Center on Inclusion. (2008)"What do we mean by professional development in the early childhood field?" Chapel Hill: The University of North Carolina, FPG Child Development Institute. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thought Leadership
A thought leader has been described as an individual or firm recognized as an authority in a specific field and also as business jargon. Meanings Go-to expert From the perspective of a thought leader as the 'go-to expert', being a thought leader means to consistently answer the biggest questions on the minds of the target audience on a particular topic. Thought leaders are commonly asked to speak at public events, conferences, or webinars to share their insight with a relevant audience. In a 1990 ''Wall Street Journal'' Marketing section article, Patrick Reilly used the term "thought leader publications" to refer to such magazines as ''Harper's''. In the previous decade, the term was revived and re-engineered by marketers. Criticism of the phrase and concept The phrase "thought leader" is identified by some writers as an annoying example of business jargon. Kevin Money and Nuno Da Camara of the John Madejski Centre for Reputation at the University of Reading's Henley Management ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Risk And Insurance Association
The American Risk and Insurance Association (ARIA) is a professional organization whose focus is the study and promotion of knowledge of risk management and insurance. It was formed in 1932 and publishes two journals: ''Journal of Risk and Insurance'' and ''Risk Management and Insurance Review''. The association hosts an annual meeting. See also *Association of Insurance and Risk Managers in Industry and Commerce Airmic (the Association of Insurance and Risk Managers in Industry and Commerce; formerly the Association of Insurance and Risk Managers) is a UK-based association and representative body. Established in 1963, it exists to promote the interests of c ... * Institute of Risk Management * Professional Risk Managers' International Association * Risk and Insurance Management Society * Global Association of Risk Professionals References External linksOfficial websiteJournal of Risk and Insurance [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Association Of Risk Professionals
Global Association of Risk Professionals (GARP) is a not-for-profit organization and a membership association for risk managers. Its services include setting standards, training, education, industry networking, and promoting risk management practices. Founded in 1996 and headquartered in Jersey City, New Jersey, with additional offices in London, Washington, D.C., Beijing, and Hong Kong. GARP offers several foundational and certificate programs, the best known of which is the ''Financial Risk Manager (FRM)'' certification. GARP also runs initiatives such as thGARP Risk Institute (GRI)anGARP Benchmarking Initiative (GBI)for research and thought leadership efforts within the risk purview. History GARP was founded in 1996 by Marc Lore and Lev Borodovsky, two risk managers. They had been meeting once a week at a New York pub to talk about their chosen field with other risk colleagues and decided that a more formal organization would benefit other risk professionals. About six month ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute Of Risk Management
Following is a partial list of professional certifications in financial services, with an overview of the educational and continuing requirements for each; see and :Professional certification in finance for all articles. As the field of finance has increased in complexity in recent years, the number of available designations has grown, and, correspondingly, some will have more recognition than others.Ernest N. Biktimirov (2012)Global Alphabet Soup: Internationally Recognized Professional Designations in Finance ''Journal of Financial Education'' 38 (3/4), Fall/Winter 2012, 18-32The Rise of the Chief Risk Officer '' Institutional Investor [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Professional Risk Managers' International Association
The Professional Risk Managers' International Association (PRMIA) is a non-profit, member-driven professional organization that focuses on the development and education of the risk management profession. Its membership provides a network of risk professionals working to set standards for the global risk profession. PRMIA offers the Professional Risk Manager designation and several other certificate programs for professional certification purposes. Professional Risk Manager The Professional Risk Manager (PRM) designation is a professional certification offered by PRMIA. The designation was first awarded in 2004. The PRM is an "independent validation" of skills within the financial risk management profession, and professional ethics. The PRM and the FRM offered by the Global Association of Risk Professionals are often compared as being the two definitive risk management designations in the industry. PRM Candidates are required to pass two exams in sequence; both 4 hours in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Risk And Insurance Management Society
The Risk and Insurance Management Society, Inc. (RIMS) is a professional association dedicated to advancing the practice of risk management. It was founded in 1950, and is headquartered in Manhattan. It publishes the industry-focused ''Risk Management'' magazine. RIMS represents more than 3,500 industrial, service, nonprofit, charitable and governmental entities. The Society serves more than 10,000 risk management professionals around the world. There are 79 chapters across the United States, Canada, Mexico, Japan, Australasia and New Zealand. The RIMS Risk Maturity Model is an online assessment tool for enterprise risk management (ERM). Developed in 2006, it has been recognized as a best practice framework by several National Organizations. Over 2,000 corporates and organizations have baselined their ERM maturity with the RIMS Risk Maturity Model. Given appropriate experience and educational background, RIMS offers the certification Certification is the provision by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance In The United Kingdom
Insurance in the United Kingdom, particularly long-term insurance, is divided into different categories. The categorisation is currently set out in sections 333B, and 431B to 431F of the Income and Corporation Taxes Act 1988 (ICTA) with each category of business given a different tax treatment. The Chartered Insurance Institute is a prominent professional group first chartered in 1913 The Financial Services Authority was formed in 2001 as the regulator. In 2013 the Financial Services Authority was dissolved and financial regulation was instead placed with the Financial Conduct Authority and Prudential Regulation Authority.UK’s New Regulators Take Over; FCA Now Responsible for Insurance Sector Controversies In 2005, reg ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |