About Us
Supporting Risk Managers
Promoting Risk Management
AIRMIC has a membership of nearly 850 and represents the insurance buyers for about 75% of the FTSE 100, as well as very substantial representation in the mid 250 and other smaller companies. AIRMIC members control about £5 billion annually of insurance premium spend. A further £2billion of premium spend is allocated to captive insurance companies within member organisations. Additionally, members are responsible for the payment of insurance claims from their company finances to the value of at least £2 billion per year.
In addition to insurance responsibilities, many AIRMIC members are responsible for broader risk management activities, including project, operational and enterprise risk management. Many members operate at very senior level within their organisations and have direct input at Audit Committee, Executive Risk Management Committee, as well as making regular Board presentations.
More about the Structure and Strategy of AIRMIC...
