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CRO forum association

General Information

Identification Code: 439316532181-78
Website: [object Object]
Entity Form: association
Registration Category: Trade unions and professional associations
Registration Date: 7/26/2018
Last Update: 3/18/2024
EP Accredited Number: 0

Mission & Interests

Goals: The CRO Forum has three core aims. By bringing together Chief Risk Officers of the various institutions, we are able to identify and benchmark good practice in risk management and share our ideas with the wider industry through publications – with the goal that these good practices encourage robust risk management within the industry, thereby advancing their business [Core aim #1]. In a shifting regulatory landscape, the CRO Forum seeks to promote alignment between regulatory regimes and industry best practice. The CRO Forum supports the development of risk-based regulatory systems which it considers to be in line with best practice risk management within the industry. [Core Aim #2]. Risk Management is also about looking ahead to risks that could develop, and as such, the CRO Forum runs an Emerging Risk Initiative [Core aim #3].
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Banking and financial services
Levels of Interest:
  • european

Activities

Main EU Legislative Proposals: The CRO forum interacts occassionaly with EIOPA with regards to regulations which relate to Solvency II and IRRD
Communication Activities: https://www.thecroforum.org/category/publications/
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: Laan van Langerhuize 1
Post Code: 1186 DS
City: Amstelveen
Country: NETHERLANDS
Phone: [object Object]

EU Office

Address: Laan van Langerhuize 1
Post Code: 1186 DS
City: Amstelveen
Country: NETHERLANDS
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: The estimated costs involved in the representing activities is low, because it is only a minor part of the activities performed by the CRO forum to interact with EIOPA or the EU Parliament. The persons that occassionaly interact with EIOPA or the EU Parliament are not compensated for these activities other then their normal wages by their employers. Note that NOT the employers are members of the CRO forum, but the persons holding the function of chief risk officers. Their employer allows them to take part to the CRO forum because of the knowledge sharing that takes place which adds value to the fulfilment of their function.

Membership Information

Members10 Percent: 5
Members25 Percent: 0
Members50 Percent: 0
Members75 Percent: 0
Members: 5
Members F T E: 0.5
Info Members: The association has 23 members who all contribute by working on position papers representing their view on risk management. These position papers are not written solely for engaging with EIOPA or EU Parliament, but in the first place to give guidance to the insurance sector on risk management topics. Direct conversations with the members of Parliament or with EIOPA is handled by approximately 5 people.

Structure

Structure Type: Structure
Is Member Of: Note for reference that members are persons holding the position of chief risk officer at their insurance companies. These persons and their employers are listed here: https://www.thecroforum.org/members/
Organisation Members: none