What is the American Risk and Insurance Association?
The American Risk and Insurance Association (ARIA) is an organization established in 1932 for academics, scholars, professionals and, associates in the insurance industry. The primary objective of this association is to promote the knowledge of risk management and insurance among these professionals. This professional organization also enhances the transfer of knowledge between the professional that will promote further research in the insurance industry. ARIA holds annual conferences and research for professionals in the insurance industry. This professional body publishes two journals which are the Journal of Risk and Insurance and Risk Management and Insurance Review.
What Does the American Risk and Insurance Association Do?
The American Risk and Insurance Association (ARIA) was created to advance the knowledge of risk management and insurance amongst professionals in the insurance industry. This is a global organization that aids collaboration and transfer of knowledge between insurance professionals through symposiums, conferences, researches, and recognitions. As a professional body, ARIA comprises academics, professionals, researchers, students and, associates in the insurance industry. This organization provides a platform for collaboration and exchange of information between members. The main publication of ARIA is the Journal of Risk and Insurance (JRI) which provides new and relevant information for industry practitioners. There are some core areas that the American Risk and Insurance Association (ARIA) treats in its publication. The Journal of Risk and Insurance (JRI) explores the following subject areas:
- Insurance regulation and restriction
- Risk management
- Organization of insurance markets
- Insurance cycles
- Economics of insurance institutions
- Economic cycles of insurance markets
- Social insurance, employee benefits and pension plans
- Utility theory and demand for insurance, and many other areas.
There are three core values of the American Risk and Insurance Association, these are knowledge, community and society. The promotion and transfer of knowledge is a key attribute of ARIA. Through conferences, research papers, and symposiums the association facilitates the transfer of knowledge. Promoting a community of scholars and professionals is another core value of ARIA. By building a vast community of experts, the association impacts society at large.
