Risk Management Institute of Australasia

What Risk Management Institute of Australasia does

Risk Management Institute of Australasia (RMIA) is a membership-based professional association and the largest body serving risk professionals across ANZ and the Asia Pacific, with a 30-year heritage. It operates a tiered certification pathway — Certified Practising Risk Associate (CPRA), Certified Practising Risk Manager (CPRM), and Certified Chief Risk Officer (CCRO) — aligned to ISO 31000, and delivers structured training through its flagship partner Bryan Whitefield Consulting, including an Enterprise Risk Management course ($1,875 members / $2,500 non-members) and a Mastering Risk Workshop Facilitation course ($1,440 / $1,725).

The core technology layer is a member portal (members.rmia.org.au) on Squarespace infrastructure integrated with Accuris Engineering Workbench for ISO Standards access (ISO 31000, 22301, 27005, 9001), supplemented by an exclusive webinar library, the proprietary Risk Management Body of Knowledge (RMBoK), the 2023 Landscape of the Risk Management Survey, and digital credentials. RMIA monetises through five recurring streams: individual subscriptions (from $75/year), organisational memberships, certification exams, training and education, and event registrations (annual Risk Conference, Risk Leader Tour, CRO luncheons, Disaster Reduction Week, local chapters).

The association serves risk managers, chief risk officers, risk analysts and emerging professionals across government (federal, state and local), financial services, energy/utilities, emergency services, consulting and student segments, with 1,848 individual members as of 2025 and chapters across NSW, WA, Victoria and Queensland. Distribution is primarily direct via the website and member portal, with training delivered in partnership with Bryan Whitefield Consulting and recent strategic extensions through a three-year partnership with Battleground (announced January 2025) covering Disaster Reduction Week and the Battleground Live Simulations Module. The organisation is governed by an elected board currently led by Interim CEO and President Jane Whiter following the April 2026 departure of long-tenured CEO Simon Levy.

Name

Risk Management Institute of Australasia

Legal name

Risk Management Institute of Australasia

Website

https://rmia.org.au

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

RMIA is the largest professional association for risk managers across ANZ and the Asia Pacific, offering industry-recognised certifications (CPRA, CPRM, CCRO), ISO-aligned training, events, and member resources to a community of 1,848+ individual professionals and organisational members.

Ownership category

akta.pro rank

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Individual Membership Fees: Annual subscription fees for individual risk professionals providing access to certifications, training, resources, events, and networking. Membership starts from $75 annually with tiered benefits.
2. Organisational Membership: Corporate/organisational membership providing group access for multiple professionals within an organisation with preferential pricing on training and events.
3. Training and Education Courses: Revenue from professional development courses including Enterprise Risk Management (Members $1,875, Non-Members $2,500) and Mastering Risk Workshop Facilitation (Members $1,440, Non-Members $1,725). Delivered through training partners.
4. Professional Certifications: Fees associated with certification programs (CPRA, CPRM, CCRO) including examination and accreditation fees.
5. Event Registration Fees: Revenue from annual conferences, webinars, chapter events, and specialised events like Disaster Reduction Week with CPD points available.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

RMIA is a professional association for risk managers that delivers industry-recognised certifications (CPRA, CPRM, CCRO), structured training courses (Enterprise Risk Management, Risk Workshop Facilitation), annual conferences and chapter events, mentorship programs, and member-only resources including ISO standards access and the Risk Management Body of Knowledge (RMBoK). It serves individual risk professionals and organisational members across Australasia with subscription-based membership and event-driven engagement.

Product overview

The Risk Management Institute of Australasia (RMIA) offers a comprehensive professional ecosystem for risk management practitioners across Australasia. The organization provides a tiered certification pathway (CPRA, CPRM, CCRO) for professional credentialing, complemented by structured education and training programs including courses on Enterprise Risk Management and Risk Workshop Facilitation. Members receive access to exclusive resources including an ISO Standards portal powered by Accuris Engineering Workbench, a webinar library, and the Risk Management Body of Knowledge. The institute organizes annual events including a flagship Risk Conference and Awards program, Disaster Reduction Week initiatives, and local chapter events. A Mentorship Program connects emerging risk professionals with experienced practitioners. The overall offering combines professional certification, continuing education, industry events, and member resources to serve risk management professionals throughout their careers.

Differentiator

Problem solved

Functional benefit

Products and services

• CPRA - Certified Practising Risk Associate Entry-level professional certification validating foundational knowledge and competency in risk management principles and practices aligned with ISO 31000, intended for emerging risk professionals and practitioners entering the field.
• CPRM - Certified Practising Risk Manager Intermediate-level certification demonstrating advanced practical skills in enterprise risk management and professional practice for risk managers operating at a practitioner level.
• CCRO - Certified Chief Risk Officer Executive-level certification for senior risk leaders validating strategic risk management expertise, governance knowledge, and executive-level leadership capabilities, designed for Chief Risk Officers and equivalent senior executives.
• RMIA Education and Training Programs Comprehensive suite of risk management courses including Enterprise Risk Management (Members $1,875, Non-Members $2,500) and Mastering Risk Workshop Facilitation (Members $1,440, Non-Members $1,725), delivered online and face-to-face by training partner Bryan Whitefield Consulting for risk professionals at all career stages.
• ISO Standards Access Exclusive member access to ISO standards including ISO 31000 (Risk Management), ISO 22301 (Business Continuity), ISO 27005 (Information Security Risk), and ISO 9001 through the Accuris Engineering Workbench platform, ensuring member practices meet global benchmarks.
• Risk Conference and Events Annual flagship RMIA Risk Conference plus year-round events including Risk Leader Tour, CRO Luncheons, Risk Awards ceremonies, Disaster Reduction Week, and local chapter gatherings across Australia, offering CPD points and networking for risk professionals.
• Mentorship Program Structured mentorship program connecting experienced risk professionals with mentees for career guidance, professional development, and capability building across the risk community.
• Member-Only Resources Portal Exclusive member-only portal containing the RMIA Risk Management Body of Knowledge (RMBoK), webinar library, whitepapers, ISO standards access, and member forums, designed to strengthen member practice.
• Individual Membership Annual subscription membership for individual risk professionals starting from $75 per year, providing access to certifications, training, resources, events, networking, and preferential pricing on training courses.
• Organisational Membership Corporate/organisational membership providing group access for multiple professionals within an organisation, including preferential pricing on training, events, and enterprise-wide risk capability building.

Quantifiable outcome

• 91% membership retention rate for certified members versus 75% for non-certified members
• +2 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

Five partnerships are on record, tiered flagship, minor and core.

• BattlegroundflagshipStrategic or Co-development Partner · 30 January 2025Three-year strategic partnership announced January 2025 extending collaboration with Battleground, a leading provider of innovative resilience and GRC solutions. The partnership focuses on delivering world-class resources, training programs, and thought leadership to address evolving industry needs. Battleground and RMIA aim to set new benchmarks for excellence in the risk management field through joint initiatives including Disaster Reduction Week and the Battleground Live Simulations Module.
• AnsaradaminorGTM or Marketing Partner · 26 June 2024Ansarada collaborated with RMIA to host a Chief Risk Officer luncheon in Brisbane in June 2024, bringing together industry leaders to discuss critical topics shaping the future of risk management including operational resilience and ESG factors.
• ReadiNowminorGTM or Marketing Partner · 1 January 2024ReadiNow was the proud sponsor of the 2024 Risk Leader of the Year Tour, which took place across Adelaide, Melbourne, and Sydney.
• Bryan Whitefield ConsultingcoreImplementation/ SI/ Consulting PartnerBryan Whitefield Consulting is RMIA's flagship training partner, delivering the Enterprise Risk Management course (certification prerequisite) and Mastering Risk Workshop Facilitation course. Bryan Whitefield, author of several risk management books, is the designer and facilitator of RMIA's Enterprise Risk Course since 2019 and previously served as RMIA President and Chair from 2013-2015.
• Ink RecruitmentminorOthersInk Recruitment, a recruitment agency, has provided testimonials and perspectives on the value of RMIA certification for hiring decisions and career advancement in risk management, highlighting how RMIA credentials influence hiring outcomes.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Australian Institute of Company Directors (AICD): Australia's peak governance body for directors with the Company Directors Course and graduate-level credentials. Comparable as an established ANZ professional association with membership, education, events and director-level certification, though focused on board governance rather than risk management specifically.
• The Institute of Internal Auditors (IIA): International professional association for internal auditors with the CIA certification and global chapter network. Comparable as a peer professional association with similar certification, training, and conference GTM in the adjacent governance/risk/assurance space.
• ISACA: Global professional association for IT governance, risk, and cybersecurity professionals with credentials (CISA, CRISC, CISM) and a large member base. Comparable as a larger, more established risk-adjacent credentialing body with similar certification/member/event model, but specialising in IT/cyber risk rather than enterprise risk broadly.

Others

• Project Management Institute (PMI): Global professional association for project managers with the PMP and other credentials, member chapters, and large training catalogue. Comparable as a globally scaled membership-and-certification organisation, providing a model benchmark for RMIA's potential international expansion path.
• Chartered Institute of Procurement & Supply (CIPS): Global professional body for procurement and supply with a tiered qualification framework and member network. Comparable as a professional association model (membership + certification + training + events) but adjacent rather than directly competitive with RMIA's risk focus.

Regional players

• Financial Services Institute of Australasia (FINSIA): ANZ professional association for financial services with the FINSIA membership and Certified Financier credentials. Comparable as an Australasian professional body with similar subscription, certification and CPD-led GTM, but serving financial services rather than enterprise risk broadly.

Direct peers

• Risk and Insurance Management Society (RIMS): US-headquartered global risk management association offering the RIMS-CRMP certification, education, conferences and chapter network. Directly comparable to RMIA in certification, training and community-led GTM for risk professionals.
• Institute of Risk Management (IRM): UK-based global professional body for risk managers offering a tiered qualification pathway (Cert., Diploma, Fellowship) and a worldwide member network. Closest direct analogue to RMIA: same mission of credentialing risk professionals, providing training, and setting standards, but operating internationally.
• Governance Institute of Australia: Australia-based professional association for governance, risk and compliance practitioners offering Chartered Governance certifications and member services. Most direct ANZ-based peer to RMIA in the GRC profession, overlapping on member base and certification offerings.
• Association of Insurance and Risk Managers in Industry and Commerce (AIRMIC): UK-based association representing insurance and risk managers in commercial buyers. Comparable to RMIA as a professional body serving risk buyers with training, events, and advocacy, though more insurance-purchasing focused.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/risk-management-institute-of-australasia
• Xx.com/RMIA_AU

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Risk Management Institute of Australasia