IRMSA is recognised as the Professional Body for Risk Management in South Africa by the South African Qualifications Authority (SAQA). IRMSA represents individuals and companies committed to the enhancement of the Risk Management discipline. IRMSA serves aspiring risk practitioners, risk professionals and decision makers in Southern Africa, dedicated to the advancement of the risk management profession through accreditation, research, promotion, education, upliftment, training, guidance and strong relationships with other Institutes or Associations.
The Institute of Risk Management was formed through the amalgamation of The Society of Risk Managers (SRM) and The South African Risk and Insurance Manager Association (SARIMA) in September 2003. Its committees have constantly acknowledged both its importance of role as custodians of best Risk Management practice, and its deep responsibility to develop those in the industry.