July 21, 2020
Arlington, Va., July 21, 2020 – The International Society of Catastrophe Managers (ISCM), an association promoting catastrophe management professionalism within the insurance industry, and The CAS Institute (iCAS), a subsidiary of the Casualty Actuarial Society (CAS) offering specialty credentials, have now qualified more than 50 catastrophe risk professionals to receive the Certified Catastrophe Risk Management Professional (CCRMP) designation.
In 2018 the organizations introduced two new credentials for catastrophe risk professionals, the Certified Specialist in Catastrophe Risk (CSCR) and the Certified Catastrophe Risk Management Professional (CCRMP). The two credentials build upon knowledge and practice in this field and provide a benchmark for knowledge and skills in catastrophe risk. The 50 catastrophe risk professionals were awarded the CCRMP credential in recognition of their competence as experienced practitioners in the field.
“The need for cat risk management to be recognized and valued as a profession is long overdue, and we’re thrilled to partner with The CAS Institute to bring this vision to fruition,” ISCM President David Keeton remarked. “These newer credentials recognize the specific skills and expertise that provide value to the insurance industry similar to other legacy credentials.”
“The CAS Institute is proud to have awarded the CCRMP designation to these outstanding professionals in catastrophe management. Our continued partnership with ISCM allows us to provide resources and specialized credentials to this growing community in catastrophe risk management,” said iCAS President Joanne Spalla.
ISCM and iCAS are continuing to invite nominations for the CSCR and CCRMP credentials through each program’s Experienced Industry Professional Pathway. Those who do not meet the experience requirements for these applications can earn the credentials by examination; the first three exams for the CSCR designation are now available through The Institutes. Additional information about credential requirements can be found at CatRiskCredentials.org.
The International Society of Catastrophe Managers (ISCM) is a professional association that promotes catastrophe management professionalism within the insurance industry. The ISCM is a global organization with members in over 25 countries and provides forums for exchange of ideas, understanding current catastrophe management issues, and networking among catastrophe managers.
The CAS Institute (iCAS) empowers quantitative professionals in the insurance industry by providing innovative, rigorous, and trusted credentials backed by the Casualty Actuarial Society’s globally recognized educational standards, as well as the specialized knowledge and resources that analytics professionals need to impact their organizations and their careers. Learn more at TheCASInstitute.org.