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ASSOCIATIONS AND INSTITUTES

Association of Insurance and Risk Managers (AIRMIC - UK)

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1. Risk Management

AIRMIC promotes best practice in Risk Management through research, training, lobbying, networking and the publication of technical guides.

 

2. Insurance

AIRMIC represents the interests of members on all issues relating to the operation and effectiveness of the insurance market for corporate business in the UK.

 

We work with our Partners and other Trade bodies to try to improve standards and to promote transparency in the market.

 

We provide benchmarking reports on key classes of insurance.

 

3. Careers

We support the career development and recognition of our members and their roles within their companies through research and training.

 

4. Networking

Through an extensive range of training courses, committees, industry special interest groups and regular events, we promote extensive networking across our membership which helps our members to identify best practice and learn from the experience of fellow members. Increasingly, we are using our website to foster and support network groups.

 

5. Lobbying

We represent our members’ interests in critical issues with regulators, industry bodies, government and through our membership of FERMA, with the EU.

 

From The Glossary »

Defined Benefit Fund:

A pension fund in which the rules specify the benefits to be paid, usually based on years of membership and on final or final average salary and where member’s contributions are fixed and where the employer normally undertakes to finance the balance of the cost, after allowing for member contributions, if any.
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