What PARIMA’s Australian launch means for risk managers

PARIMA (Pan-Asia Risk and Insurance Management Association) will rollout a soft launch for Australia on 13 July and risk managers can now expect further localised support and events.

The soft launch event on 13 July will be hosted by Lloyd’s Australia, who are also co-presenting with JLT, and it will be PARIMA’s inaugural Australian event, outlining an introduction to PARIMA and planned future events.

Ahead of the event, StrategicRISK spoke with Melody Caffin, insurance manager for the Air Warfare Destroyer Alliance and PARIMA board member, to learn what the soft launch means for risk managers.

“Without doing anything, we have noticed a steady increase in the number of risk managers joining PARIMA from Australia,” explained Caffin.

“This signals an appetite within the market to be part of a regional association.”

Caffin said while PARIMA has a modest group of members before Australia was even engaged with local events, further growth is expected as more Australian events take place.

“There are two planned [Australian events] for 2017 and at least one each quarter in 2018,” said Caffin.

“PARIMA will engage the risk and insurance community in capital cities on the east coast initially, with other centres to follow.”

Outlining what she hopes to achieve as the Australian board member for PARIMA, Caffin said to provide Australia and rest of the APAC community of corporate risk and insurance professionals with “an association for them and by them”.

“Each Board member of PARIMA is an active participant in this community, and we want to grow the community network of professionals and provide a platform for their ongoing development,” said Caffin.

“For our Australian-based members, it is providing access to APAC risk topics and trends in this region, as well as provide opportunities to network outside of Australia to the Asia-wide community of risk managers and market players.”

Caffin stressed that PARIMA are a not-for-profit organisation with a high focus that this is a professional association set up by risk managers for corporate risk managers.

“Our events are all complimentary and so is our membership. We have a mission to raise the capability and value of the risk profession thus we promote activities that will raise the profile of each risk manager,” added Caffin.

For more information on PARIMA’s inaugural Australian event, head to: http://parima.org/city-resilience-syd/