The Global Risk Management Institute, Inc. (GRMI) is an institute that issues the CRM and is an alumni association of individuals who hold the Canadian Risk Management (CRM) and RIMS Fellow (RF) designations.
To achieve the CRM designation:
Step 1. Enroll at your local university. Before you register, make sure the three CRM courses are available.
Participating Institutions/Universities offering CRM courses:
||University of Toronto|
|Simon Fraser University
||University of Winnipeg|
|University of Alberta
||University of Western Ontario|
|University of Calgary
|Wilfrid Laurier University
||Universite du Quebec - TELUQ|
||Laval University (francais)|
||Memorial University, St. John's|
|Bow Valley College
||University of Northern British Columbia|
For more information and links to universities offering CRM courses, visit RIMSCanada's list of participating establishments.
Course Tuition:University course tuition varies from one institution to another, and is independent of fees paid to the Global Risk Management Institute (GRMI).
Step 2. To receive the CRM, an individual completes the three required courses and submits a $100 fee (Canadian funds) to cover the cost of verifying completion. GRMI awards a certificate following receipt of transcripts.
Step 3. Once all three CRM courses have been completed, create your online profile. If you already have a profile, please make sure it's up-to-date.
Step 4. Mail copies of your three CRM grades along with a $100 fee (Canadian funds) in the form of a check to cover the cost of verifying completion. Send check made payable to GRMI and copies of grades to: GRMI, 1065 Avenue of the Americas, 13th Floor, New York, NY 10018. Please allow 6 weeks to process your CRM certificate.
Risk Assessment: focuses on the first two steps of the risk management decision making process: (1) identifying and analyzing the loss exposures and (2) developing alternative techniques for treating each exposure. Subjects treated include choosing the best risk management alternative, guidelines for selecting the most appropriate techniques for handling each exposure.
Risk Control: concentrates on selecting appropriate risk control techniques, implementing the chosen techniques and monitoring the results for effective control and coordination of the organizations' total risk management effort.
Risk Financing: includes the selection, implementation and monitoring of risk financing techniques. Subjects include insurance as a risk financing technique; financing property; risk retention including use of captives; risk cost allocation; finite and integrated risk plans and capital market products for risk financing.
Membership in GRMI
In order to maintain the (CRM) Designation, membership in the Global Risk Management Institute, Inc. (GRMI) must remain current.
To renew and continue the membership, the individual pays GRMI Member dues, ($50 annual fee paid in U.S. funds).
Questions and Correspondence:
Use our online contact form and select 'GRMI' in the 'Contact' drop-down selection box.
Earn your RIMS Fellow Designation and continue to learn about the dynamic field of Risk Management.
The Canadian Risk Management (CRM) designation meets the risk management foundation towards the RIMS Fellow (RF) designation. To learn more about
the RIMS Fellow (RF) designation, click on the menu on the left for RIMS Fellow.
If you hold the Canadian Risk Management (CRM) designation and complete the RIMS Enterprise-wide Risk Management: Developing and Implementing workshop, you are eligible to take the CRM-E On-line Examination in order to obtain a CRM-E designation.
The exam is based on the textbook, Enterprise-Wide Risk Management: Developing and Implementing published by the Institutes. Details and access information on the CRM-E On-line Examination will be sent to you upon completion of the three-day workshop.
The following people have been awarded the CRM-E designation:
- Steve Ruddy
- Paul Ajayi
- Brett Mowbray
- Gail Stoyko
- Lena Krten
- Carol Halko
- Chris Boehnke
- Barbara Peter