Run by members, for members, ALARM is a not-for-profit company. We support risk and insurance professionals deliver a wide range of services across a number of sectors.

Our governance

ALARM is limited by guarantee and, in all of our activities, we must operate within the rules set out in the Articles of Association and Memorandum of Association.

We are governed by a Board of Directors, who are elected from the membership and usually serve a three year term of office, before standing down or for re-election. The elections are held on an annual basis, starting with nominations being invited from the membership, usually in April. Once nominations have been received, voting members are requested to vote for their preferred candidate(s). The successful candidates are then appointed to the Board of Directors at the AGM held the following June.

Annual General Meeting (AGM)

ALARM is required by the Articles of Association to hold an AGM, which is usually held each year at the ALARM Conference in June. This year the AGM took place virtually via Zoom on Tuesday 22 June. 

AGM recording

AGM minutes

The meetings are held to conduct business on behalf of the organisation, including:

  • Consideration of the accounts and balance sheet
  • Report of the Directors
  • Report of the auditors
  • The appointment of the auditors
  • The fixing of the remuneration of the auditors.

Accounting records are kept in accordance with the Companies Act 1985. The accounts of the company are prepared by the nominated auditors and certified accordingly.

Such accounts are presented to the AGM following the end of the financial year which runs from 1 January to 31 December.

ALARM presents accounts in an annual report, which also includes a statement from the Chair, the Secretary's report, the Finance Director's report and an update on ALARM activities.


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