At the recent FERMA Forum in Madrid, President Charlotte Hedemark called for a transformative approach to risk management, urging practitioners to adopt proactive and strategic methods to tackle emerging risks such as climate change and cybersecurity. She emphasized the importance of integrating risk management across all business areas, suggesting that risk managers should play a central role in their organizations’ corporate strategies. The Forum, the largest to date with over 2,800 attendees, also highlighted a growing concern among risk managers about the insurability of certain risks, especially in the context of sustainability and regulatory compliance. Hedemark concluded by reiterating FERMA’s commitment to empowering risk managers and enhancing professionalism within the industry as it adapts to a rapidly evolving risk landscape.