Corporate Risk Management Institute - CRMI

What Corporate Risk Management Institute - CRMI does

Corporate Risk Management Institute (CRMI) is a Lebanon-headquartered professional education institute specializing in Governance, Risk Management, and Compliance (GRC) training for the Middle East and Africa (MEA) region. Founded in 2020 as a partnership between Chedid Capital and the London-based Institute of Risk Management (IRM), CRMI delivers internationally accredited certificates, diplomas, and awards targeting insurance and reinsurance professionals, risk managers, compliance officers, and senior decision makers across financial services and government sectors. Its portfolio includes the flagship Certificate in Risk Management for Insurance and Reinsurance Professionals (co-delivered with ESA Business School and IRM), IRM's International Certificates in Enterprise and Operational Risk Management, Awards in Financial Services Risk Management, Organisational Risks, and AI Risks, plus supplementary modules on IFRS 17, Compliance/AML, Financial Crime, and GDPR.

CRMI operates a proprietary Moodle-based learning management system (e-CRMI) supporting multi-language course delivery in English, French, Spanish, and Arabic, with OAuth2 SSO integration for enterprise clients. Programs are delivered through CII-Approved Professional Development Centre training centers in Lebanon, Qatar, and UAE, offering both self-paced online and in-person/blended formats, complemented by the CRMI Alumni Club membership network.

The institute generates revenue through four streams: professional certification program fees (annual subscription), CII preparatory course fees (pay-as-you-go unit pricing), corporate and individual membership subscriptions, and risk consulting services. Pricing is quote-based and not publicly disclosed. CRMI is a private subsidiary of Chedid Capital — a leading insurance and reinsurance investment group operating across Europe, MEA, and South Asia — and operates without external venture funding.

Name

Corporate Risk Management Institute - CRMI

Legal name

Corporate Risk Management Institute

Website

https://crminstitute.org

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Corporate Risk Management Institute (CRMI) is a Lebanon-based professional education institute delivering internationally accredited Governance, Risk Management, and Compliance (GRC) certifications and training to insurance, financial services, and government professionals across the Middle East and Africa region.

Ownership category

akta.pro rank

Headquarters

HQ city

Baabda

HQ country

Lebanon

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Professional Certification Programs: Revenue generated from professional certification courses including Certificate in Risk Management for Insurance & Reinsurance Professionals, International Certificates in Enterprise/Operational Risk Management, and Award programs. Programs offered in partnership with IRM and CII with examination and certification fees.
2. CII Preparatory Courses: CII-accredited preparatory courses covering foundational and advanced insurance knowledge including legislation, reinsurance, underwriting, and specialized topics. Delivered through CRMI's CII-accredited training centers.
3. Membership Fees: Corporate and individual membership programs offering preferential pricing, early bird discounts, exclusive events, and consulting service discounts through the CRMI Alumni Club.
4. Risk Consulting Services: Advisory and consulting services for organizations seeking to establish, design, and implement risk and resilience strategies.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

CRMI delivers accredited professional education and certification programs in governance, risk management, and compliance (GRC) for the insurance, reinsurance, and financial services sectors across the MENA region. Its core offerings include risk management certificates and awards, CII preparatory courses, and supplemental compliance/IFRS/AML/GDPR courses, delivered via the proprietary e-CRMi Moodle-based learning platform and physical training centers in Lebanon, Qatar, and UAE.

Product overview

CRMI offers a portfolio of GRC (Governance, Risk Management, and Compliance) educational products and services. The core offerings include risk management certificates and awards (Certificate in Risk Management for Insurance & Reinsurance Professionals, International Certificates in Enterprise and Operational Risk Management, Awards in Financial Services Risk Management, Organisational Risks, and AI Risks). These are delivered through the e-CRM online learning platform (Moodle-based LMS) which also hosts supplementary courses including IFRS 17, Compliance & AML, Financial Crime, and Data Security courses available in English, French, and Spanish. The CII Preparatory Courses provide foundational and specialized insurance industry knowledge. All programmes can be accessed through individual course enrollment or full diploma paths, with options for in-person and online blended formats. The CRMI Alumni Club provides ongoing membership benefits including networking and career opportunities.

Differentiator

Problem solved

Functional benefit

Brands

• e-CRMI: Online learning platform powered by Moodle for delivering digital courses and certifications

Products and services

• Certificate in Risk Management for Insurance & Reinsurance Professionals Accredited certification programme that builds risk identification, assessment, and mitigation capability with a sector-specific focus on the insurance and reinsurance industry. Aimed at risk professionals in insurance and reinsurance companies across MENA.
• International Certificate in Enterprise Risk Management Foundational enterprise risk management qualification building practical skills to identify, assess, and manage risks across organizations. Delivered via IRM partnership through online supported distance learning.
• International Certificate in Operational Risk Management Strengthens controls, resilience planning, and risk mitigation strategies for operational performance and continuity. Delivered in partnership with IRM.
• Award in Financial Services Risk Management Builds specialized expertise for risk management in banking, finance, and insurance operations.
• Award in Managing Organisational Risks Provides essential knowledge to identify, assess, and manage organisational risks impacting strategy, operations, and performance.
• Award in Managing AI Risks in the Workplace Covers understanding and managing risks related to artificial intelligence, ethics, governance, and emerging technologies in the workplace.
• e-CRMi Online Learning Platform Moodle-based learning management system providing self-paced access to courses including IFRS 17, Financial Crime, Compliance, GDPR, and CII preparatory courses, with English, French, and Spanish language options and in-person/blended learning add-ons.
• CII Preparatory Courses Six CII-accredited preparatory courses covering foundational insurance industry knowledge and specialized topics such as legislation, reinsurance, and underwriting. Delivered through CII-accredited training centers in Lebanon, Qatar, and UAE with flexible single-course or full-diploma enrollment.
• CRMI Alumni Club Membership community providing GRC professionals with networking opportunities, exclusive events, resources, expertise, preferential insurance rates, special academic pricing, and discounts on consulting services. Available as corporate or individual membership.

Quantifiable outcome

• Successful first cohort completion of Certificate in Risk Management for Insurance and Reinsurance Professionals
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Chartered Insurance Institute (CII)coreStrategic or Co-development Partner · 17 February 2025CII awarded CRMI Approved Professional Development Centre (APDC) status to deliver CII-accredited training in Middle East. Initial program includes six CII preparatory courses covering foundational industry knowledge and specialized areas including legislation, reinsurance, and underwriting. Delivered through CRMI CII-accredited training centers in Lebanon, Qatar, and UAE with flexible enrollment options.
• MBS School of BusinesscoreStrategic or Co-development Partner · 29 January 2025Strategic partnership agreement with French Grande Ecole MBS School of Business (founded 1897) to develop professional development programs for decision makers in MEA region. Programs include certificates and diplomas from undergraduate to Executive MBA levels, addressing regional challenges in ESG, cybersecurity, supply chain continuity, and governance. MBS holds triple crown accreditations (AACSB, EQUIS, AMBA) and ranks 47th globally in Financial Times MiM ranking.
• ESA Business SchoolcoreStrategic or Co-development Partner · 6 December 2022Partnership with ESA Business School (École Supérieure des Affaires) for joint Certificate in Risk Management for Insurance and Reinsurance Professionals. ESA is a major management school managed by Paris Ile-de-France Regional Chamber of Commerce and Industry, established in 1996. The certificate targets professionals in the insurance and reinsurance industry and is delivered online.
• Institute of Risk Management (IRM)coreStrategic or Co-development Partner · 16 November 2020Strategic alliance to deliver IRM's suite of professional qualifications and training in Lebanon, Qatar, and UAE. IRM provides internationally recognized certifications including International Certificate in Enterprise Risk Management, International Certificate in Financial Services, Digital Risk Management Certificate, and International Diploma in Risk Management. CRMI serves as local access point for students with tailored specialized certificates developed in partnership with ESA Business School.
• Lebanese Association of ActuariesminorOthersAssociation partnership for professional events and industry collaboration in the Lebanese market

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• RIMS (Risk and Insurance Management Society): RIMS is a global risk management society offering the RIMS-CRMP certification and education programs. It is directly comparable to CRMI's enterprise risk certification portfolio and targets similar enterprise risk and insurance professionals.
• Institute of Risk Management (IRM): IRM is CRMI's core strategic partner and the global benchmark body for enterprise risk management certifications. It is directly comparable as it issues the same International Certificates and Diplomas that CRMI delivers locally, and its 8,000+ member network defines the credential CRMI sells.
• CFA Institute: CFA Institute offers the CFA designation with substantial risk management curriculum components. It is a comparable global financial professional credentialing body competing for the same MEA finance professional audience.
• GARP (Global Association of Risk Professionals): GARP is a leading global body offering the FRM (Financial Risk Manager) certification, directly comparable to CRMI's Award in Financial Services Risk Management. GARP competes for the same banking and finance professional audience, particularly in MEA.
• Chartered Insurance Institute (CII): CII is the UK-based professional body whose preparatory courses CRMI delivers under APDC accreditation. It is a directly comparable credentialing body for the insurance and financial services sectors that CRMI targets, and represents both a partner and a potential competitive channel.
• Moody's Analytics Risk Education: Moody's Analytics delivers enterprise risk, credit, and regulatory training programs to financial institutions globally. Comparable as a competing provider of risk management education to banks, insurers, and corporates that CRMI also targets.
• London Business School Executive Education: LBS and peer top-tier business schools offer executive education in risk, governance, and financial services. Comparable to CRMI's executive-level certificate programs (e.g., MBS School of Business partnership) targeting senior insurance and finance professionals in MEA.

Direct peers

• ACCA (Association of Chartered Certified Accountants): ACCA is a global professional accountancy body offering certifications with risk, audit, and governance modules. Comparable as a competing professional certification provider targeting finance and risk professionals across MEA and globally.
• Chartered Institute for Securities & Investment (CISI): CISI is a UK-based professional body offering certifications for financial services, risk, and compliance professionals. Comparable to CRMI's financial services risk awards and serves overlapping audiences in MEA markets.
• PRMIA (Professional Risk Managers' International Association): PRMIA offers the PRM (Professional Risk Manager) designation for risk professionals globally, overlapping directly with CRMI's enterprise and financial services risk certifications. It is a comparable credentialing competitor for the same target learner.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CorporateRiskManagementInstitute
• LinkedInlinkedin.com/company/corporate-risk-management-institute-crmi
• Instagraminstagram.com/crmiinstitute

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Corporate Risk Management Institute - CRMI