MALVERN, PA — With natural disasters driving insured losses to nearly $113 billion in 2024, The Institutes Designations has introduced the Associate in Catastrophe Risk and Resiliency™ (ACRR™), a new professional credential designed to help insurance and risk management professionals better anticipate and mitigate catastrophe risks.
The program is among the first to address both natural and human-caused disasters, equipping professionals with tools to assess exposures, develop holistic mitigation strategies, and build organizational and community resilience.
“Today’s risk management and insurance professionals not only need technical skills, but also the strategic ability to anticipate and prepare for evolving risks,” said Adam Carmichael, CPCU, President of The Institutes Knowledge Group. “The Associate in Catastrophe Risk and Resiliency designation provides a foundation in catastrophe risk management, helping individuals become trusted leaders who can incorporate mitigation strategies that extend beyond insurance.”
The timing underscores the urgency: Swiss Re Institute reported global insured losses from natural disasters reached about $80 billion in just the first half of 2025, nearly double the prior 10-year average.
Developed during National Preparedness Month, the ACRR credential requires completion of two catastrophe-specific courses, a general risk management course, and an ethics requirement. The curriculum emphasizes data analysis, strategy, and resiliency planning to prepare professionals for challenges ranging from floods to wildfires.
The Institutes, a nonprofit with more than 115 years of experience in professional education, said the designation is intended for experienced RMI professionals seeking to stay ahead of emerging catastrophe risks while advancing their careers and strengthening organizational readiness.
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