MARM – Malta Association of Risk Management

What MARM – Malta Association of Risk Management does

MARM – Malta Association of Risk Management is a non-profit Voluntary Organisation (VO/1688) founded in 2011 in Malta to promote, advance, and encourage the knowledge and use of risk management across the country's private and public sectors. It operates as a professional membership association for risk management and compliance practitioners, co-located with the Department of Insurance and Risk Management within the Faculty of Economics, Management and Accountancy (FEMA) at the University of Malta in Msida. In January 2023, MARM merged with MACO (Malta Association of Compliance Officers) to consolidate risk and compliance professional representation under a single umbrella.

The association's core offerings are structured around individual memberships (€30 base, €25 for students, plus optional FERMA €30 and/or ICA €50 affiliation fees) and four corporate membership tiers (Bronze €250, Silver €500, Gold €1,000, Platinum €2,000 annually) that bundle voting memberships, event and course discounts, and logo placement. Educational products are delivered through the University of Malta, including a B.Com in Insurance and Risk Management, M.Sc. and M.A. specializations (Financial Planning; Governance, Risk Management and Compliance; Quantitative Risk Management; Behavioural Risk Management), a PhD programme, and CPD/microcredentials including ESG Risk Management. MARM also runs events (e.g., AGM 2024, War Risk & Crisis Management Webinar, March 2025) and disseminates research publications in partnership with the University of Malta and FERMA.

The business model combines recurring membership subscription fees with revenue from courses, micro-credentials, and events. Distribution is direct via the marm.org.mt website and bank transfer, with extended reach through partnerships with FERMA, GARP, IRM, RMA, PRMIA, ICA, MIA, EIOPA, ANRA, and SRLA. The association maintains a 500+ alumni network across multiple jurisdictions and is governed by a board of senior practitioners from institutions including Bank of Valletta, Artex, RCI Insurance Ltd, TD Cowen, RiskCap International, and RMC Wise. Technology is non-proprietary and centered on the association website, email communications, LinkedIn, and academic infrastructure at the University of Malta.

Name

MARM – Malta Association of Risk Management

Legal name

Malta Association of Risk Management (MARM)

Website

https://marm.org.mt

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

MARM is a non-profit Maltese professional association (founded 2011, VO/1688) serving risk management and compliance professionals through tiered memberships, educational programmes via the University of Malta, and events, with European reach via FERMA and other international affiliations.

Ownership category

akta.pro rank

Headquarters

HQ city

Malta, Malta

HQ country

Malta

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Corporate Membership Fees: MARM generates revenue through tiered corporate membership plans (Bronze €250, Silver €500, Gold €1,000, Platinum €2,000) that include voting memberships, event discounts, and logo placement benefits.
2. Individual Membership Fees: Individual members pay a base fee of €30 (€25 for students) plus association fees for FERMA (€30) and/or ICA (€50). These are annual membership fees providing access to resources, networking, and professional development.
3. Educational Programs and Courses: Revenue is generated through courses and micro-credentials offered in collaboration with the Department of Insurance and Risk Management at the University of Malta. Discounts are provided to corporate members.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

MARM is a non-profit professional association registered as Voluntary Organisation VO/1688 in Malta that provides individual and corporate membership tiers, professional development courses, micro-credentials, webinars, and research publications to risk management and compliance professionals. Through its partnership with the Department of Insurance and Risk Management at the University of Malta and affiliations with FERMA and ICA, MARM delivers networking, training, and advocacy services to advance risk management practice in Malta's private and public sectors.

Product overview

MARM – Malta Association of Risk Management operates as a professional association offering membership services and educational programmes through its partnership with the Department of Insurance and Risk Management at the University of Malta. The core offerings consist of Individual and Corporate Membership tiers (Bronze, Silver, Gold, Platinum) providing access to networking, events, and professional development resources. Educational products include undergraduate and postgraduate degree programmes (Bachelor's, Master's, PhD) and CPD/micro-credential courses. The association also facilitates research publications and organizes events such as webinars on specialized risk management topics.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Memberships
• Corporate Memberships
• Undergraduate Course in Insurance and Risk Management
• Postgraduate Programmes in Insurance and Risk Management
• Doctoral Research Programme in Insurance and Risk Management
• CPDs and Microcredentials
• Research Publications
• War Risk and Crisis Management Webinar

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• FERMA (Federation of European Risk Management Associations)coreStrategic or Co-development PartnerFERMA is a leading organization representing European risk management professionals, promoting best practices, knowledge sharing, and advocacy for effective risk management across industries. MARM collaborates with FERMA to provide members with European-level representation and access to FERMA events and publications.
• EIOPA (European Insurance and Occupational Pensions Authority)minorStrategic or Co-development PartnerEIOPA is an EU regulatory body overseeing insurance and pension sectors, promoting financial stability, consumer protection, and consistent regulatory frameworks across member states. MARM maintains a relationship with EIOPA for regulatory alignment.
• GARP (Global Association of Risk Professionals)coreStrategic or Co-development PartnerGARP is a leading international organization that certifies risk professionals, providing education, resources, and global standards for risk management in financial and non-financial sectors. GARP provides certification pathways accessible to MARM members.
• IRM (Institute of Risk Management)coreStrategic or Co-development PartnerIRM is a global professional body offering education, training, and certification in risk management, supporting individuals and organizations in implementing effective risk practices worldwide. MARM offers discounted access to IRM certifications.
• RMA (Risk Management Association)minorStrategic or Co-development PartnerRMA is a U.S.-based, non-profit organization that supports financial institutions by promoting sound risk management principles, offering education, resources, and industry best practices for managing risk.
• PRMIA (Professional Risk Managers' International Association)coreStrategic or Co-development PartnerPRMIA is a global, non-profit organization that provides risk management certification, education, and resources, fostering professional standards and best practices for risk managers worldwide.
• MIA (Insurance Association of Malta)coreStrategic or Co-development PartnerMIA represents the Maltese insurance industry, promoting best practices, regulatory compliance, and collaboration among insurers. It advocates for industry interests while supporting consumer protection and market development.
• ANRA (Associazione Nazionale dei Risk Manager e Responsabili Assicurazioni Aziendali)minorStrategic or Co-development PartnerANRA is Italy's national association for risk managers, promoting risk management culture, insurance expertise, and best practices within Italian companies and organizations.
• ICA (International Compliance Association)coreStrategic or Co-development PartnerICA provides professional certifications in compliance and financial crime prevention. MARM offers ICA membership as an affiliate option for individual members seeking compliance certifications.
• SRLAminorStrategic or Co-development PartnerSRLA (名称未提供完整信息) is listed as a partner on the MARM partners page, though full details are not available from the source content.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Airmic: Airmic is the UK association for risk and insurance professionals, offering member education, events, and technical resources. It is a direct structural peer to MARM at the national-association level, serving enterprise risk managers and buyers of insurance — just at a significantly larger scale and within a bigger market.
• ANRA (Associazione Nazionale dei Risk Manager e Responsabili Assicurazioni Aziendali): ANRA is Italy's national association for risk managers, the closest structural analogue to MARM in another European market. Both are national-level voluntary associations affiliated with FERMA, promoting risk management culture and serving enterprise risk managers within their respective domestic markets.

Regional players

• MIA (Malta Association of Insurers / Insurance Association of Malta): The Insurance Association of Malta represents the Maltese insurance industry. MARM is a listed core partner of MIA, and both operate as Malta-focused industry associations serving overlapping professional communities (insurers, brokers, risk managers) within the same micro-market.

Broad incumbents

• ICA (International Compliance Association): ICA is a global professional body for compliance, anti-money laundering, and financial crime prevention. MARM offers ICA membership as an affiliate option to its individual members post-MACO merger, and the two are highly comparable in their certification, training, and member-community model.
• IRM (Institute of Risk Management): IRM is a UK-headquartered global professional body offering education, qualifications, and certification in risk management. MARM offers discounted access to IRM certifications to its members, and the two compete for the same member wallet on risk credentials. IRM is a comparable risk management professional body with a global footprint.
• FERMA (Federation of European Risk Management Associations): Federation of European Risk Management Associations is the umbrella body to which MARM belongs. It represents national risk management associations at the European level, providing advocacy, research, and the annual FERMA Forum. MARM's strategy explicitly leverages FERMA for European reach, making it both a partner and the most directly comparable higher-tier peer.
• RIMS (Risk and Insurance Management Society): RIMS is the largest global professional association for risk management and insurance professionals, offering the RIMS-Certified Risk Professional (RIMS-CRMP) credential. It is a directly comparable risk management professional body at greater scale, providing benchmark content, events, and certification that compete for the same audience as MARM and its partners.
• GARP (Global Association of Risk Professionals): GARP is a leading international organization that certifies risk professionals, most notably through the FRM designation. Like MARM, it provides education, certification, and professional standards in financial risk — but at a global scale. MARM partners with GARP to offer certification pathways to its members.
• RMA (Risk Management Association): RMA is a U.S.-based, non-profit organization supporting financial institutions with sound risk management principles, education, and resources. It is a listed partner of MARM and is comparable as a sector-focused risk management professional body, though with a banking rather than enterprise risk orientation.
• PRMIA (Professional Risk Managers' International Association): PRMIA is a global, non-profit organization providing risk management certification, education, and resources. It is one of MARM's listed core partners and is directly comparable as a risk management professional body that issues the PRM designation and runs member events.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/malta-association-of-risk-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 MARM – Malta Association of Risk Management