FERMA brings together the National Risk Management Associations of 18 countries to form the Federation of European Risk Management Associations - FERMA. It represents over 4800 individual members and a wide range of business sectors from manufacturing to financial services, charities, health organisations as well as local government organisations.

It was established in 1974 under its previous name of 'Association Européenne des Assurés de l'Industrie' (AEAI) as an International Association with scientific aim to exchange ideas and experiences.

Today, FERMA is made up of 20 European Risk Management Associations representing the following countries:

Belgium
Belgian Risk Management Association (BELRIM)

Bulgaria
Bulgarian Risk Management Association (BRIMA)

Czech Republic
Association of Insurance and Risk Management of the Czech Republic o.s.(ASPAR CZ)

Denmark
The Risk Management Society of the Confederation of Danish Industries (DARIM)

Finland
The Finnish Risk Management Association (FinnRiMa)

France
Association pour le Management des Risques et des Assurances de l'Entreprise (AMRAE)

Germany
Bundesverband firmenverbundener Versicherungsvermittler und -gesellschaften e.V. (BfV)
Deutscher Versicherungs-Schutzverband e.V. (DVS)

Norway
Norwegian Risk Management Association (NORIMA)

Poland
Stowarzyszenia Zarządzania Ryzykiem (POLRISK)

Portugal
Associação Portuguesa de Gestão de Riscos e Seguros (APOGERIS)

The Netherlands
Nederlandse Associatie van Risk en Insurance Managers (NARIM)

Italy
Associazione Nazionale dei Risk Manager e Responsabili Assicurazioni Aziendali (ANRA)

Russia
Russian Risk Management Society (RusRisk)

Spain
Asociacion Española de Gerencia de Riesgos y Seguros (AGERS)
Iniciativa Gerentes de Riesgos Espanoles Asociados (IGREA)

Sweden
Swedish Risk Management Association (SWERMA)

Switzerland
Swiss Association of Insurance and Risk Managers (SIRM)

Turkey
Entreprise Risk Management Association (ERMA)

United Kingdom
The Association of Insurance and Risk Managers (AIRMIC)

FERMA is also a member of IFRIMA - the International Federation of Risk and Insurance Management Associations.