Tuesday, 22 May 2012
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Thursday, 22 September 2011

Maltese and Slovenian risk management associations join Ferma

Ferma this week announced that the risk management associations of Malta and Slovenia have been accepted as its latest members. With their addition the total number of countries whose risk managers are now represented in Ferma stands at 19.



The two associations were warmly welcomed by outgoing Ferma president Peter den Dekker.

“I am thrilled to welcome these new members to Ferma. Their enthusiasm shows the recognition of Ferma as the voice for the European risk manager and demonstrates the growing development and professionalism of risk management across Europe,” he said.

On the Maltese Association of Risk Management (MARM) Ferma said that the enthusiasm of its founding members has enabled them to build a new organisation to promote the knowledge and use of risk management within the private and public sectors in the Maltese Islands.

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“Malta is possibly the smallest European state with an effervescent economy. Risk management is an emerging area of management and the market signs are that it is now ripe for more focus and attention. The association intends to reach out to all sectors of the risk management market in the Maltese Islands. MARM shall be a very proud member of Ferma and all of us will endeavour to promote risk management in the best light possible within a growing market,” said the president of MARM, John Schembri.

The council members of MARM are John Schembri (President), Ian-Edward Stafrace (Vice President), Mario Genovese (Treasurer), Andre Farrugia (Secretary), John O’Dea (public relations officer) and Simon Grima (council member).

They represent various business sectors including financial services, aviation, safety and security, manufacturing, retail and hospitality and the public sector.

The founding members of the Slovenian Association of Risk Management and Insurance Management (SI.RISK) are risk and insurance professionals from the larger Slovenian companies.

They have been meeting for two years and are currently working on two key projects: changes to Slovenian tax laws in connection with directors’ and officers’ liability and environmental issues as a result of changes to Slovenian legislation.

The president of SI.RISK is Maja Sustersic, Head of Insurance and Risk Management for the Slovenian energy company PETROL. Other board members are Vlasta Mekiš and Eva Grden.

"We believe that the membership in Ferma is an important step for the development of both risk and insurance management in Slovenian companies. The membership of SI.RISK in Ferma will give us the opportunity to express our professional position on relevant issues, to participate in surveys and benchmarks organised by Ferma and to cooperate with our colleagues in other countries," said Ms Sustersic.

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