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Membership Eligibility

Members are classified into the following individual and corporate catergories of membership, or such other categories as the governing council shall at its discretion deem fit.

Individual Membership:

Honorary Member	Persons who have distinguished themselves in the field of risk and insurance management and made significant contributions to the growth and/ or development of RIMAS. It is bestowed on an honorary basis and approved by the Governing Council.
Ordinary Member	Persons who are directly involved in one or more risk and insurance management functions including : Risk evaluation and analysis, risk avoidance or elimination, risk assumption, purchasing of insurance or claims handling.
Associate Member	Open to any person who is actively engaged as a vendor of insurance and related services and has completed a recognized course or is suitably recommended for membership.
Student Member	Open to any person who is interested in risk and insurance management and is pursuing a recognized course in risk and insurance management approved by the RIMAS council.

Corporate membership:

Ordinary Member	Corporations which are directly involved in one or more risk and insurance management functions including risk evaluation and analysis : risk avoidance, elimination, prevention or reduction; captive insurance and risk management; or claims handling. An Ordinary Corporate Member shall be represented by one or more designated full-time employee(s) of the corporation.
Associate Member	Corporations which are actively engaged as vendors of insurance and related services. An Associate Corporate Member shall be represented by one or more designated full-time employee(s) of the corporation, however such representatives shall not be entitled to voting rights and are not eligible for election into the governing council.

Current Entrance Fees and Annual Subscriptions:

Category		Entrance Fees (S$)	Annual Subscription (S$)
Individual Member	Student	25	15
	Ordinary	75	50
	Associate	150	100
	Honorary	Nil	Nil
Corporate Member	Ordinary	200	150
Life Member	Ordinary	500	Nil
	Associate	1,000	Nil
	Corporate	1,500	Nil

FAQ:

Q: I have risk and insurance management as only part of my responsibilities - Can I become a member?

A: Yes you can be member. Membership should be particularly valuable to you and your organization because you have access to a network of specialists and indeed a special interest group devoted to the needs of members like yourself.

Q: How can RIMAS assist me in achieving risk and insurance management qualifications?
A: RIMAS conducts courses on risk management, risk control, and risk financing. Those who have successfully completed the modules are awarded the ARIM title. The above courses are modelled after the established professional programmes from the UK, USA and Australia, but adapted to suit the local context and regulations.

Q: How does RIMAS communicate with its members?
A: RIMAS communicates with its members by the RIMAS Journal, newsletters, surveys, reports, meetings and informal sessions. RIMAS encourages constructive feedback from its members. Members are also encouraged to send in questions regarding insurance and risk management issues, and their concerns about such areas in the medium and long term. The experts in the relevant area will address such questions and issues.

Q: Many problems are becoming increasingly international, how will RIMAS
meet the challenge?
A: RIMAS is affiliated to IFRIMA (the International Federation of Risk & Insurance Management Association) & FAPARMO (the Federation of Asia, Pacific & African Risk Management Organisations), & through such international network, RIMAS has links with risk & insurance management associations throughout the world to promote our mutual interests and unite the risk management fraternity. FAPARMO was formed in 1995. Among other things, FAPARMO organises risk management conferences for the Asia, Pacific & African regions on a rotational basis.

Q: What are the benefits to members?
A: RIMAS has been formed to serve the needs of organisations operating in an increasingly dynamic environment. It is a resource centre to assist members in resolving their technical risk and insurance management problems. It provides a network from which to tap the knowledge and experience of risk and insurance management practitioners.

Membership benefits include:

first hand knowledge of new developments affecting the risk & insurance management field and how these new developments can be applied to minimise organisations’ risk exposures, thus contributing to the profitability and growth of organisations
personal development & professional standing through active involvement in RIMAS activities
the opportunity to present your views to the appropriate bodies through RIMAS on risk & insurance management issues
priority & special rates for all activities organised by RIMAS, IFRIMA and FAPARMO
other benefits that are regularly added by RIMAS.

Find out more about Membership Eligibility and Registration.