I would like to congratulate all academicians, professionals, practitioners involved in the field of risk management, insurance and social security and wishing you for the better future. Now, it is the time to think about and act on risk management. Now, it is the right time to demonstrate best efforts and find out a way to manage the challenges in insurance industry. It is our responsibility to explore the best model of social security program to cover the entire population. These disciplines are not completely different but complementary to each other.
NIRMA is a think tank forum where professionals, academicians and experts in the area of RIMISS are organized, discoursed and conferred.
RISK MANAGEMENT is emerging discipline in Nepal but it is essential to introduce in the curriculum of secondary level and above. Nepal is considered as a high risk zone in terms of earthquake, flood, landslide and other natural calamities and disasters. Risk is high in Himalayan region due to the global warming, climate change and melting of Himalayas very fast Hilly region is mostly affected by landslide, hailstorm, wind and flood. Terai is plain so that flood is common problem across the east to west. In summer season the snake bite and flood and in winter season fog and cold wind are being the killer of the human being. Inhabitants of Terai are also suffering from the violence from the illegal cross border activities and many other reasons. Road accident is another emerging and challenging issue. Fighting against the risk is difficult task which requires more knowledge, skills and techniques. Absconding from risk is impossible but we can mitigate the risk to some extent.
INSURANCE is not new subject but the penetration is very low and the coverage is not sufficient in Nepal. The professionalism in insurance industry is essential but there is lack of professionalism even though the history of Insurance has already passed seven decades. Our Universities are not being able to offer Insurance education extensively. Due to the lack of insurance qualified human resources, the growth of the insurance industry is not satisfactory. NIRMA emphasizes on insurance education through research to promote and develop the industry.
SOCIAL SECURITY is the backbone of the society of social justice and happiness. A few rich people can upraise the per capita income but it doesn’t bring the happiness in the country. Social security program is one of the pillars of welfare state.
NIRMA provides a common learning platform to all interested beginners, sharing avenue to experienced and mentoring opportunity to the seasoned and veteran professionals in the area of risk management insurance and social security (RIMISS). I would like to request to concerned individual and institutions to unite under the NIRMA and demonstrate the knowledge, skills and experiences for the development of the insurance industry..
Rabindra Ghimire, PhD June, 2019
President Kathmandu, Nepal