IFRIMA

What IFRIMA does

IFRIMA is a global not-for-profit organization that represents risk management associations worldwide, headquartered in New York, United States. Its stated purpose is to serve as an umbrella body for the international risk management profession, aggregating and representing the interests of national and regional risk management associations that are otherwise fragmented across jurisdictions.

The organization's operating footprint is defined by its membership-based, federated model typical of industry associations. The firmographic profile indicates a headcount range of 101-250 employees, consistent with a mid-sized trade body that maintains a small permanent secretariat while relying on member associations for operational and member-facing activity. The available source material does not disclose specific products, technology platforms, dues structures, governance documents, or service offerings; the public-facing website returned only a loading/verification page in the captured data, and structured fields for products, pricing, partnerships, certifications, leadership, and revenue are all empty.

The business model is implicitly association-funded, likely through a combination of member dues, event revenue, and sponsorship, but the input does not confirm the revenue mechanism, pricing, or financial scale. There are no recorded funding rounds, M&A activity, partnerships, leadership changes, or product launches in the source data, so the company's recent strategic posture cannot be characterized beyond its founding mission as a global representative body for risk management associations.

Name

IFRIMA

Website

https://ifrima.org

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

IFRIMA is a New York-based global non-profit that serves as an umbrella organization representing risk management associations worldwide, with a staff of 101-250 supporting its international federation function.

Ownership category

akta.pro rank

Product category

Risk Management Associations

NAICS

Business Associations (813910), Professional Organizations (81392), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Services-Membership Organizations (8600), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Claims Advocacy & Loss Recovery Services (FSAEADAH)

akta.pro secondary industry

Compliance, Risk & EHS Management (BPABAAAK)

Keywords

• Risk management associations
• Professional membership body
• Global industry advocacy
• Non-profit association network
• Risk management governance

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Core offering

IFRIMA is a global not-for-profit organization that represents risk management associations worldwide. It functions as an umbrella membership body coordinating and advocating on behalf of national and regional risk management associations. Its primary activity is convening, representing, and supporting member risk management associations across geographies.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Risk Management Association Representation A non-profit membership and representational service for risk management associations worldwide, providing a unified voice, coordination, and advocacy for member organizations engaged in the risk management profession.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Expansion highlights1 record

Emerging players

• International Insurance Society (IIS): Global membership body for insurance industry leadership; adjacent rather than directly overlapping, but shares IFRIMA's multinational stakeholder base and educational mission.
• World Federation of Insurance Intermediaries (WFII): Global federation of insurance-intermediary associations; very analogous federation-of-associations structure within the broader insurance ecosystem that IFRIMA serves.

Direct peers

• RIMS (Risk and Insurance Management Society): Largest US-based membership body for risk and insurance managers; comparable in audience (risk practitioners), programming, and advocacy, with a longer-established brand.
• Airmic: UK-based association serving risk and insurance managers; same membership-association model, serving a similar risk-management practitioner audience with comparable content and events.
• FERMA (Federation of European Risk Management Associations): Federation of European national risk management associations; shares IFRIMA's federation-of-associations model and substantially overlaps in mission, membership, and advocacy role.
• Institute of Risk Management (IRM): UK-headquartered risk-management body providing training, qualifications, and thought leadership; directly comparable in audience and educational offering.

Broad incumbents

• GARP (Global Association of Risk Professionals): Global membership association for risk professionals, best known for the FRM credential; overlaps in audience and global scope but operates at a larger scale with a flagship certification.
• Risk Management Association (RMA): US-based banking-focused risk membership association; comparable federation/membership model serving a narrower risk sub-discipline (credit and banking risk).

Regional players

• PARIMA (Pacific Area Risk Management Association): Regional federation of risk managers across Asia-Pacific; same federation-of-associations model but with a regional rather than global mandate.

Others

• International Association of Insurance Supervisors (IAIS): International standard-setting body for insurance supervisors; not a direct competitor but a key participant in the same global risk-and-insurance governance ecosystem.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks4 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 IFRIMA