A forum for the exchange of data and opinion between insurance and risk managers in industry and commerce. AIRMIC has over 160 corporate members and nearly 1,000 individual members. It updates members on technical matters and current practice. It promotes the under standing of the nature and purpose of risk management and represents a body of informed opinion in dealings with trade and market associations and with government. In 2002 AIRMIC collaborated with ALARM and the Institute of Risk Managers to produce a new Risk Management Standard.