Announcements

  • Chicago RIMS Annual Golf Outing - July 9, 2018

    The Chicago RIMS Chapter is pleased to invite you to its 2018 Golf Outing, which will be held once again at the beautiful White Eagle Country Club in Naperville on Monday, July 9th.

    All golf outing proceeds go towards the sponsorship of college scholarships and educational grants for students majoring in Insurance and Risk Management programs at Midwestern colleges. Your support to help recruit young leaders into the insurance industry is a win for all!   Sign up today!

    Support of Chicago RIMS may be deductible as a business expense.

    Location
    White Eagle Golf Club
    3400 Club Drive
    Naperville, Illinois 60564

    Event Schedule
    8:30 - 10:45 am            Event Registration
    9:00 - 10:45 am            Putting Contest
    10:00 - 10:45 am          Brunch
    10:45 am                      Call To Carts
    11:00 am                      Shot Gun Start
    5:30 pm                        Dinner (approximately)

    Registration
    If you are playing golf, please register on this website no later than June 29, 2018. Space is limited and registration will be available on a first-come, first-served basis.
  • Chicago RIMS Chapter Meeting - June 21, 2018

    Choices and Decisions:  How to Win in a Changing World with Martin Vilsoe

    Thursday, June 21, 2018
    8:30 - 10:30 a.m.

    Catalyst Ranch
    656 W Randolph St, Suite 3W
    Chicago, IL 60661

    Many have discussed the need for Enterprise Risk Management to inform strategy, but few have done it. At this session, we will discuss the "how" and what challenges this presents for risk managers.

    We hope you'll join us on June 21st at Catalyst Ranch to meet and hear Martin Vilsoe.

    Get your professional portrait taken at this event at no charge.  You only pay for the prints when you order.

  • Chicago RIMS Annual Golf Outing - July 9, 2018

    The Chicago RIMS Chapter is pleased to invite you to its 2018 Golf Outing, which will be held once again at the beautiful White Eagle Country Club in Naperville on Monday, July 9th.

    All golf outing proceeds go towards the sponsorship of college scholarships and educational grants for students majoring in Insurance and Risk Management programs at Midwestern colleges. Your support to help recruit young leaders into the insurance industry is a win for all!   Sign up today!

  • RIMS Notice: We're Moving!

    The RIMS Headquarters office in New York will be moving May 31-June 1. During this time, our office will be closed and our website and member community will be suspended while we move our servers. We anticipate our systems will be back up and running by June 2nd. We apologize for any inconvenience this may cause.
  • Position Opening - Director - Corporate Insurance at Hunt Companies

    Founded in 1947, Hunt Companies, Inc. is a privately-held company that invests in businesses focused in the real estate and infrastructure markets. The activities of Hunt’s affiliates and investees include investment management, mortgage banking, direct lending, loan servicing, asset management, property management, development, construction, consulting and advisory.

    They have an opening in their Chicago office located at 980 North Michigan Avenue:  Director, Corporate Insurance.  To read more about the position and to apply, click on the link below.

  • Associate - Risk Management Position Available at GLP

    GLP is one of the largest U.S. providers of industrial real estate with over 170 million square feet under management. Their properties are primarily located in highly desirable in-fill markets which benefit from proximity to key domestic and global transportation hubs, major logistics networks and large population concentrations.

    GLP is currently looking for an Associate in Risk Management.  To read more and apply click on the link shown below.

  • Next Chapter Meeting June 6th

    Please join us for next Chapter Meeting on June 6th at Giovanni's in Darien.  Registration begins at 11:30am. The topic will be: 2018 Year Of The Underwriter.  You can also sign up online. Go to Meetings / Online Payment. See the attached flyer for additional information​​​​​​.
  • Website Updates


    > Meetings/Events
    > Job Bank
    > Education-Professional Development
    > Florida Educational Conference
  • SAVE THE DATE! Golf & Gardening Outing!

    Golf & Gardening Outing at Silver Spring Golf Club on Tuesday, June 12, 2018

    *New* items this year:

    • *The outing is on a Tuesday this year, not a Monday*
    • Not interested in golfing? No problem! Our event has expanded to include a create your own succulent garden for anyone interested. We highly encourage brokers, carriers, TPAs, etc. to socialize the with their clients about participating in this new opportunity. Everyone is welcome.
    • Added $500 sponsorship opportunity - Garden Outing Beverage Sponsor, open bar from 2:30-4 PM at the Gardening Outing
    • Goodie bags – We are looking for goodie bag item donations to be given to each golfer, find more details in the packet.
  • Is Your Member Listing Correct - Email

    Hi All,

    Yesterday, you may have received an email asking you to update your contact information on rims.org. We received a few inquiring wondering about the legitimacy of the email but don't worry! That was us. Periodically, we ask that our members update their contact information on rims.org so that we have the most recent information, in case you move offices, positions, or just have a new email. So please, take a moment to log on to your RIMS profile to ensure your information is up-to-date so we can keep reaching you with our new content, events, and risk management news. 

    Thanks!
  • RIMS Stands Tall for Military Families and Veterans -- RIMS 2018 Community Service Project

    RIMS 12th Annual Community Service Project will give the more than 10,000 risk professionals expected to attend RIMS 2018 Annual Conference & Exhibition the opportunity to support local charity, Soldiers’ Angels. Sponsored by  ESIS, a Chubb business unit, the project will include crafting blankets, assembling care packages, meal preparation and a letter writing campaign for military personnel overseas, those in medical facilities, their families, as well as homeless veterans.

     

    Founded in 2003 by the mother of two American soldiers, Soldiers’ Angels provides aid and comfort to the men and women of the United States Army, Marines, Navy, Air Force, Coast Guard, their families and a growing veteran population. Since its inception, the charity has provided over $100 million in support. Annually, Soldiers’ Angels delivers over 150,000 volunteer hours to this in-need community each year.

     

    “The strength of a community is defined by our willingness to share, empathize and support each other,” said RIMS CEO Mary Roth. “It is without question that the men and women who serve in our armed forces are an important part of our communities. We honor their service and proudly welcome the opportunity to give back through this Community Service Project to Soldiers’ Angels.” 

     

    “We are honored to partner with RIMS and be a part of their annual Community Service Project,” said Amy Palmer, President and CEO of Soldiers’ Angels. “It’s easy to take for granted just how much our military service members, veterans, and military families sacrifice or have sacrificed in order to serve and protect our country. They spend months away from their families, miss holidays and birthdays, and some even give the ultimate sacrifice in order to protect our freedoms. That is why we at Soldiers’ Angels believe it is so important to provide support to these brave men and women- a small, but much-deserved ‘thank you’ for all that they do for us.”

     

    To be held in the main lobby of the Henry B. Gonzalez Convention Center, this year’s Community Service Project includes the following volunteer opportunities:

    ·         No-Sew Blankets – Monday, Tuesday and Wednesday: Risk professionals can stop by the Soldiers’ Angels center to help craft blankets. These comfortable gifts will be sent to military personnel overseas and those in medical facilities.

    ·         Letter Writing Campaign – Monday, Tuesday and Wednesday: Risk professionals are encouraged to share their well-wishes with military personnel overseas, those in medical facilities and their families.

    ·         Care Packages – Monday – Risk professionals can help pack care packages filled with ready-to-eat food, activities, games and other items to be sent to military personnel overseas.  

    ·         Box Lunches – Tuesday – To feed homeless veterans and military personnel in medical facilities, risk professionals can fill boxed lunches with a variety of non-perishable foods.

    ·         Hygiene Kits – Wednesday – Risk professionals can help assemble kits filled with travel-sized toiletries. The kits will be delivered to military personnel in medical facilities, as well as to homeless veterans.

     

    “ESIS is committed to giving back to communities in a meaningful way,” said Joe Vasquez, President of ESIS, a business unit of Chubb.  “Soldier’s Angels is such an important organization, and we are honored to partner with RIMS in supporting their efforts to provide for the men, women, as well as their families who have made tremendous sacrifices for our freedom.”

    In 2007, RIMS was one of the first entities to host a large convention in post-Katrina New Orleans. RIMS first Community Service Day was held at that conference to support local families and rebuild infrastructure devastated by the natural disaster. Now, in its 12th year, RIMS Community Service Day projects have become a RIMS Annual Conference & Exhibition tradition.

    About Soldiers’ Angels 

    Soldiers' Angels is a national 501(c)(3) nonprofit that provides aid and comfort to the men and women of the United States Army, Marines, Navy, Air Force, Coast Guard, their families, and the growing veteran population. Founded in 2003 by the mother of two American soldiers, hundreds of thousands of Soldiers' Angels "Angel" volunteers assist veterans, wounded and deployed personnel and their families in a variety of unique and effective ways. (Tax ID# 20-0583415). Learn more at www.soldiersangels.org.
  • Job Opportunity - Wyndham

    Wyndham Worldwide is looking for a Vice President, Risk Management & Insurance. For more information, see the link below. ​
  • 2018 Chapter Annual Meeting

    Register for the 2018 RIMS Oregon Chapter's Annual Meeting on June 21, 2018 from 1 pm to 6 pm at the Multnomah Athletic Club.
  • RIMS President's Corner: Mentoring and Next Gen

    Risk professionals at all experience levels, from a wide variety of industries around the world continue to turn to RIMS for thought-leading content and resources.

    The next generation of risk professionals is no different. We continue to see their interest in the profession grow. With a clear vision of what a career in risk management might look like, these aspiring executives not only have a plan but also access to the resources to reach their goals.

    With RIMS 2018 Annual Conference & Exhibition just a few short weeks away, the Society continues to offer opportunities that support this passionate group of up-and-coming professionals.

    Early numbers indicate a record number of student attendees headed to San Antonio for RIMS 2018. They continue to realize the value of the conference’s educational programming and, perhaps more importantly, the face-to-face networking opportunities.  

    Included in that group of students are the 37 Anita Benedetti Student Involvement Program grant recipients. These exceptional students from around the world displayed immense progress in their risk management studies and a tangible passion for careers in this profession. Spencer and RIMS are also welcoming the final eight Risk Management Challenge teams to compete in San Antonio. Universities from the U.S., Canada, Singapore and China are hard at work, getting ready to present their risk management solutions in front of an esteemed panel of judges.  

    All RIMS members play an important role in the future of the Society, the profession and these students’ risk management journeys. The RIMS Mentor Match resource will be unveiled at RIMS HQ in the Marketplace. RIMS staff will demonstrate the new Mentor Match platform that allows mentors and mentees to connect based on risk management specialties, preferences, experience and geography. There is nothing more rewarding than becoming a mentor. I encourage you to stop by RIMS HQ (booth 1337) and learn more about this new resource.   

    The support doesn’t stop in San Antonio. Registration for RIMS NextGen Forum, scheduled for June 24 and 25 in Chicago, is now open. The Society has also opened registration to its first international event of the year – RIMS Latin America Forum, in Mexico City on May 7 and 8.

    While I’ve highlighted some of the initiatives available to future risk professionals, RIMS Annual Conference offers something for everyone. I encourage you to check out all of the conference’s educational programming, networking events, including some new Diversity & Inclusion sessions, and the hundreds of solutions providers joining us in the RIMS Marketplace.

    The conference is always a great opportunity to share ideas and re-charge, to learn something new and then take it back home. We’re looking forward to welcoming everyone to San Antonio. For those of you who will not be able to make it, you’ll be able to tune in to parts of conference via our live-stream, read coverage in the Show Daily and watch videos on RIMS-TV all of which is available on the RIMS website.

    As always, thank you for your support and stay tuned for more from RIMS.

    Sincerely,

    Robert Cartwright, Jr.  

    RIMS 2018 President
  • April Lunheon

    APRIL


    RIMS MEETING

     


    Hefner Grill

     

    9201 Lake Hefner Parkway

    Oklahoma City, OK 73120

     

     


    Wednesday, April 25, 2018 @ 11:30 am – 1:00 pm

     


    Course Description:

    Whether you are building owner or a tenant, a loss of property that is necessary for generating revenue could be quite costly. The presentation today will discuss common property risk exposures, prevention strategies, and importance of emergency planning. 

     

     

    Speakers: Kent O’Donnell – Risk Control Consulting Director

                                                                                                                                                                     Favio Corral – Risk Control Specialist

    CNA

     

    Members of RIMS attend at no cost. Guests pay $18 to cover the cost of the meal.





    Please RSVP by Wednesday, April 18, 2018 at

    www.SignUpGenius.com/go/5080E4FADA72EA3FE3-april 

  • Senior Risk Analyst Position Available at CF Industries

    CF Industries is a global leader in nitrogen fertilizer manufacturing and distribution.  Nitrogen is one of the fundamental building blocks of life. As important to life as the air we breathe and the water we drink.  CF Industries is a global leader in transforming natural gas into nitrogen, the chemical processes used to ensure we have the nitrogen we need to support life on earth - from fertilizer that feeds the crops that feed the world to products that remove harmful emissions from industrial activities.

    The Senior, Risk Analyst administers, reviews and analyzes CF’s Corporate-wide Risk Management & Insurance programs. The incumbent conducts complex projects involving a wide range of CF personnel and external service providers. The role prepares detailed analyses of programs and makes recommendations for changes to policies.
  • Safety & Risk Manager Opportunity at PSAV

    PSAV is a global leader in event experiences. We provide creative, production, advanced technology and staging to help meeting planners deliver more dynamic and impactful experiences at their events. Our team consists of more than 9,000 professionals across 1,500 on-site venue locations and 49 branch offices within the United States, Canada, Mexico, Europe, the Caribbean, and the United Arab Emirates. We support over 1.5 million meetings annually and, on average, are hired by more than 1,100 meeting planners and event organizers each day. PSAV is the trusted partner and exclusive on-site provider of choice at leading venues including Marriott, Hilton, Hyatt, Four Season, Ritz-Carlton, Sheraton, Westin, and Fenway Park. The company is headquartered in Schiller Park, IL near O’Hare airport.
  • Eight University Teams Selected for a Risk Management Show-Down in San Antonio

    RIMS, the risk management society™, selected eight universities to compete in San Antonio for the 2018 Spencer-RIMS Risk Management Challenge top honor. Twenty-six university teams entered the competition. Based on the solutions they developed for a case-study provided by the Sage Foundation, the top teams have been invited to present their findings at RIMS 2018 Annual Conference & Exhibition in San Antonio – April 15th – 18th.  

     The eight university teams chosen to compete at RIMS 2018 are:

     ·         British Columbia Institute of Technology (Canada)

    ·         Nanyang Technological University (Singapore)

    ·         Peking University (China)

    ·         Saint Joseph's University (US)

    ·         St. Mary's University (US)

    ·         Temple University (US)

    ·         University of Wisconsin – Madison (US)

    ·         Virginia Commonwealth University (US)

     On April 15, the final three teams will be selected after the first round of presentations. The finalists will present one last time in front of risk professionals at the conference the following day. The winner will be announced at the Spencer reception held during the conference.
  • Prepare Out Loud: Cascadia Subduction Zone

    Please join the American Red Cross for Prepare Out Loud, a presentation designed to help businesses and individuals prepare for the Cascadia Subduction Zone earthquake.

    In this unique and interactive presentation you will learn:

    • The science and history of the Cascadia subduction Zone;
    • How people behave during earthquakes;
    • What to expect in the aftermath of a Cascadia event;
    • How to locate your loved ones following a disaster;
    • How to assemble your kits, secure your furniture, and;
    • How to foster a culture of preparedness in your community.
  • New Postings

    Please be advised of a new and very important announcement by the Global Risk Management Institute, Inc. (GRMI), attached in the "recently shared files" below for your reference, impacting all Members with the CRM designation. Please be aware that this requirement is not a BCRIMA initiative. We are communicating this very important announcement to our Members on behalf of GRMI. 

    We are pleased to assist you with any questions you may have to the best of our ability. In the alternative, you are encouraged to reach out to GRMI with any specific concerns that affect your particular situation. (GRMI@rims.org) 

    Thank you in advance,

    BCRIMA

    ____________________________________________

    New Job Posting under the "Education & Careers" Tab

    Check out our new job posting for:

    Analyst, Insurance and Enterprise Risk in Vancouver - Colliers International
    ____________________________________________

    Need Continuing Education Credits? Want to stay current in your industry? Check out our monthly education sessions on hot topics such as:

    May 16th, 2018 - Psychological Injury and Monetary Court Awards

    June 13th, 2018 - BCRIMA AGM & Getting the Most Value from Your Insurance Appraisal



    Stay tuned for more details to follow!
    ​​​​​​​​​​​
  • Why an Insurance Career?

  • RIMS Introduces Diversity and Inclusion Programming at Annual Conference

    To foster a welcoming environment for risk professionals from all backgrounds and with varying identities and perspectives, RIMS, the risk management society™, has formalized Diversity and Inclusion events and educational programming opportunities within the RIMS 2018 Annual Conference & Exhibition agenda.

    RIMS, in collaboration with Marsh, a global leader in insurance broking and innovative risk management solutions, will host a Diversity Meet-Up on Sunday, April 15 at 4:00 p.m. in San Antonio’s Henry B. Gonzalez Convention Center. The networking and educational session is open to all registered attendees who identify with a specific diversity group, those who support them, as well as others who want to learn more. The event will be led by a professional moderator and will feature structured conversations about issues, challenges and opportunities impacting the risk management profession. 

    In addition, Diversity and Inclusion programming will be offered at RIMS HQ in the Marketplace and the following conference sessions will explore these issues:

     ·         Diversity and Inclusion: The Risks and Opportunities

    Monday, April 16, 2018 – 1:30 p.m.

    ·         Diversity Training: How to Handle LGBTQ Issues with Cultural Sensitivity

    Tuesday, April 17, 2018 – 11:30 a.m.

    ·         The Journey of the African American Insurance Professional

    Tuesday, April 17, 2018 – 3:00 p.m.

    “RIMS Annual Conference & Exhibition welcomes 10,000 professionals with very different cultures and perspectives to its Annual Conference each year,” said RIMS VP of Events and Education Stuart Ruff-Lyon. “We are proud to add these opportunities to RIMS 2018 and offer everyone an inclusive environment for us all to learn together.”

     This year, RIMS Board of Directors formed the RIMS Diversity and Inclusion Task Force. The Task Force, comprising risk management professionals and RIMS staff, will explore RIMS’ resources and other opportunities to further embrace different cultures and perspectives.  

    “Diversity and inclusion should not just be a conversation. It must be woven into the fabric of the Society and assigned actionable steps to ensure progress is made,” said RIMS President Robert Cartwright, Jr. “The RIMS Diversity and Inclusion Task Force and the additions to our Annual Conference exemplify RIMS’ commitment to the very diverse and global risk management community.” 

    “Diversity of thought produces innovative solutions for clients, greater business performance for companies, and more nurturing environments for employees. Marsh is proud to partner with RIMS to advance this critical conversation about increasing diversity and inclusion within the insurance industry,” said Marsh US and Canada President Martin South.

     To register for RIMS 2018 Annual Conference, visit www.RIMS.org/RIMS2018.  To learn more about the Society’s resources, visit www.RIMS.org.
  • Website Updates


    > Job Bank 2/13
    > Education-Professional Development 1/9
    > Membership Drive
    > Florida Educational Conference
    > Risk Management Vendor Fair
    > Meetings/Events: 2018 events updated 2/13
  • RIMS President's Corner: Building An Inclusive Society

    A simple phone call can go a long way. In the beginning of February, we held a Presidents Call that gave your chapter leaders the chance to hear about the Society’s strategic direction and, more importantly, ask questions and offer input. A month later, the conversations are still going and the exchange of ideas has been fantastic. Our second President’s Call is scheduled for March 29 and an invitation to chapter volunteers will go out shortly.

    The more feedback we receive from RIMS’ network of professionals, the stronger the Society and its resources become.

    Diversity and Inclusion initiatives are also a priority. And, RIMS 2018 Annual Conference & Exhibition is the perfect venue to celebrate our members’ different experiences, backgrounds and perspectives.

    At RIMS 2018, the Society will host a selection of Diversity and Inclusion opportunities, events and educational programming including:

    ·         RIMS Diversity Meet-Up on Sunday, April 15

    ·         Education sessions:

    o   The Journey of the African American Insurance Professional

    o   Diversity Training: How to Handle LGBTQ Issues with Cultural Sensitivity

    o   Diversity and Inclusion: The Risks and Opportunities

    ·         Programming specific for the multinational group of 37 Anita Benedetti student scholars

    ·         Our Risk Manager of Year and Honor Roll inductees will share their very different experiences and successes that led to this honor

     This month, RIMS also announced a RIMS-CRMP certification project aimed at supporting a very specific group of risk management professionals. Working with the Association for Federal Enterprise Risk Management, the Society announced plans to develop the RIMS-CRMP-FED. This micro-credential will addresses the breadth of risk management responsibilities and supports professionals in federal government.

     Right now, preparation for RIMS 2018 is in full-gear. We are very excited to welcome 10,000 professionals from more than 70 countries around the world to San Antonio. Thank you all for your continued support and we look forward to seeing you in April.

    Sincerely,

    Robert Cartwright, Jr.

    RIMS 2018 President

  • Register for ARM 55!

    ARM 55: RISK ASSESSMENT AND TREATMENT

    Focuses on root cause analysis, business continuity, property risk, legal and regulatory risk, management liability, HR risk, environmental risk, crime and cyber risk, and fleet risk.
  • 16th Annual RIMS Nevada Golf Tournament 2018

    Player and Information
    Registration and Sponsorships

    SHOTGUN SCRAMBLE

    FRIDAY, MAY 18th, 2018

    Palm Valley Golf Club 9201 Del Webb Blvd. Las Vegas, NV 89134

    ​PLAYER FEES

    $160 / Single Golfer
    $600 / Foursome Deadline: May11th

    SCHEDULE OF EVENTS
    6:00am: Registration
    6:00-6:15 am: Hole Sponsors Lead Out
    7:30 am: Shotgun Start
    1:00 pm: Barbecue and Awards Luncheon

    Questions?
    Kim Forbes        702-325-2720
    Edith  Melcher    702-577-6395
    Charlotte Beza   702-743-7805
    Kristi Bybee       702-610-8324​​​​
  • RIMS IDENTIFIES SEVEN EMERGING TRENDS TO ROUND-OUT EDUCATION PROGRAMMING AT RIMS 2018

    RIMS has added seven “Hot Topic Sessions” scheduled for RIMS 2018 Annual Conference & Exhibition on April 15th – 18th in San Antonio at the Henry B. Gonzalez Convention Center.  The “Hot Topic Sessions” are selected by RIMS Annual Conference Programming Committee and include educational presentations that explore emerging issues in risk management and best industry practices.

    This year’s “Hot Topic Sessions” are: 

    A GLIMPSE OF THE FUTURE: HOW ARTIFICIAL INTELLIGENCE WILL CHANGE EVERYTHING EVENTUALLY, INCLUDING INSURANCE

    Monday, April 16th   1:30 – 2:30 p.m.

    Take a look at the technology behind machine learning and artificial intelligence (AI) and its impact on manufacturing, transportation, retail and insurance. Sort through the implications for product liability, privacy and other emerging risk concerns. Learn the basic forms of what some are calling "the new electricity" as well as the potential legal and liability issues of AI. Presenters: Kate Browne, Senior Claims Expert, Swiss Re Corporate Solutions; Peter Roueche, Director, Enterprise Risk & Insurance, Eastman Chemical Company.

    CHINA’S BELT AND ROAD INITIATIVE: GROWTH AND OPPORTUNITIES

    Tuesday, April 17th   11:00 a.m. – 12:00 p.m.

    Underlining China’s push to play a larger role in the world economy, the Belt and Road Initiative (BRI) could affect 4.4 billion people worldwide with a collective GDP of US$2 trillion. It also brings risk to participants—banks, construction companies, infrastructure investors, exporters and equity managers. Discuss the political, credit and security risks and insurer partnerships to explore technology for ways to address those risks and enhance service and efficiency. Presenter: Tony McHarg, Head of Multinational & Network Management, Asia Pacific, AIG.

    THE JOURNEY OF THE AFRICAN AMERICAN INSURANCE PROFESSIONAL: PAST, PRESENT AND FUTURE

    Tuesday, April 17th   3:00 – 4:00 p.m.
    African American professionals are vastly underrepresented in the insurance industry— particularly in leadership roles—despite demographic and buyer expectation changes. Understand the opportunities and obstacles that African American insurance professionals have confronted and the legacies of the pioneers. Examine how you can enact transformative hiring, retention and advancement changes for African Americans and other executives of color. Presenters: Celeste Azubuike, Underwriting Specialist I, Aon Affinity, Affinity Nonprofits; Dr. Leroy Nunery, Founder/Principal, PlusUltré LLC; Alex Amonett, Global Diversity and Inclusion Leader, Marsh; Robert Cartwright, Jr., Division Manager – Environmental, Health, Safety and Sustainability – Northeast Division, Bridgestone Retail Operations, LLC.

    HOW MARIJUANA IS AFFECTING WORKERS’ COMPENSATION AND THE WORKPLACE

    Wednesday, April 18th   11:00 a.m. – 12:00 p.m.

    The future of federal marijuana policy and enforcement continues to be uncertain, so stay up to date on the laws and legal decisions, including their complexities and their rapid changes. Determine the value of legal assistance so that you can develop and communicate a sound policy for your organization, whether for the use and reimbursement of medical marijuana for workplace injuries or employee use of medical and recreational marijuana. Presenters: Darrell Brown, EVP & Chief Claims Officer, Sedgwick Claims Management Services, Inc.; Denise Algire, Director, Risk Initiatives, National Medical Director, Albertsons Safeway Inc.

    NEW PERSPECTIVES ON SEXUAL HARASSMENT CLAIMS AND RISK MANAGEMENT
    Wednesday, April 18th   11:00 a.m. – 12:00 p.m.

    A tidal wave of sexual harassment claims has been unleashed across news and social media with related discrimination, hostile work environment, retaliation and sexual assault allegations also coming to the forefront. Determine the long-term economic and brand damage that could result from the consequent business disruption and marred reputations. Explore the risk from insurance, legal and corporate perspectives as well as transfer and mitigation opportunities. Presenters: Carrie Curzon, National EPLI Product Leader, The Hartford; Meredith Cavallaro, Partner, Paduano & Weintraub LLP; Kelly Thoerig, Senior Vice President, Marsh.

    WHAT ERM PRACTITIONERS CAN LEARN FROM THE INTELLIGENCE COMMUNITY: A CEMEX CASE STUDY

    Wednesday, April 18th   11:00 a.m. – 12:00 p.m.
    Get an inside look into the development of an advanced enterprise risk management (ERM) program influenced by the intel world. Learn from the leaders of the risk management group for a Mexico-based global construction materials company about shaping its intelligence pedigree into an asset and how you can apply similar tactics to your program. Presenters: Adrian Castillo Cisneros, Enterprise Risk Manager, CEMEX CENTRAL SA de CV; Enrique Alanis, Enterprise Risk Director, CEMEX CENTRAL SA de CV.

     OPIOID LAWSUITS: A TSUNAMI OF LITIGATION AND ASSOCIATED COVERAGE ISSUES

    Wednesday, April 18th   1:30 – 2:30 p.m. 

    Well in excess of 300 lawsuits have been filed—most consolidated as multidistrict litigation (MDL)—against pharmaceutical companies, distributors and pharmacies by states, counties and cities seeking to recover costs from the U.S. opioid epidemic. Examine how liability insurance policies—product liability, general liability and professional liability—could respond. And determine whether you would be prepared should similar suits be brought against your industry. Presenters: John Denton, Managing Director, Marsh; Anna Engh, Partner, Covington & Burling LLP.

     For a complete description of these “Hot Topic Sessions”, visit www.RIMS.org/HotTopics. To register for RIMS 2018 or learn more, visit www.RIMS.org/RIMS2018.
  • MARCH LUNCHEON

    We generally hold our monthly chapter meeting on the second Thursday of the month, however, in March, the hotel meeting rooms were not available, so the March meeting has been scheduled for Wednesday, March 7.

    We have an excellent program planned, we will be hearing from Maggie Karpuk, a senior executive with NCCI.  She will be addressing WC issues of concern to Utah businesses and explaining how NCCI calculates the experience modification factors, etc.  We are fortunate to have her come and speak.  


    Maggie Karpuk, State Relations Executive, is responsible for NCCI’s regulatory and legislative affairs, including rate/loss cost filings, legislative pricings, rule and form filings, appeals mechanisms, and residual market issues.

    Prior to joining NCCI in 1995, Ms. Karpuk was a territorial manager with CIGNA Property and Casualty Companies. She has extensive knowledge of the insurance industry—with experience in underwriting, marketing, and agency


    When: Wednesday, March 7, 2018

    Time: 11:30 am 

    Where: Little America Hotel

    500 Main St, Salt Lake City

     

    Register
  • RIMS To Add Government Risk Management Micro-Credential for the RIMS-CRMP Certification

    RIMS, the risk management society™, and the Association for Federal Enterprise Risk Management (AFERM) entered into an agreement to create a micro- credential for the RIMS-Certified Risk Management Professional (RIMS-CRMP) certification.

    The RIMS-CRMP-FED is being developed in response to the Office of Management and Budget Circular A-123 that urges Federal agencies to implement enterprise risk management to enhance decision-making. RIMS and AFERM are currently working on a pilot exam that will be completed in the Fall of 2018. Online testing for the RIMS-CRMP-FED will commence in 2019.

    “The ability for government agencies to effectively manage risk is a global imperative,” said RIMS CEO Mary Roth. “Our relationship with AFERM and the creation of the RIMS-CRMP-FED will provide public sector risk professionals in the U.S. with a credential that spotlights their risk management expertise. We are proud to begin work on this micro-credential and look forward to sharing it with the risk management community.”

    “While ERM programs continue to emerge and grow across the Federal government, there remain significant challenges to its progression through the initial stages of the ERM development lifecycle,” said AFERM President Peggy Sherry. “The RIMS-CRMP-FED will instill confidence in government leaders, encouraging them to take the next steps and fully realize the value of a mature ERM program.”

    Launched 2015, the RIMS-CRMP certification allows risk professionals to formally demonstrate their expertise, professional achievement and qualifications. With its online accessibility, it gives risk management professionals from around the world an opportunity to confirm their commitment to professional excellence. To apply for the exam or for more information, visit www.RIMS.org/certification.
  • Register for Chapter Meetings Through PayPal

    ​You are now able to register and pay for the next Chapter meeting through PayPal. Go to Meetings / Online Payment or use the link below
  • Pittsburgh RIMS March 13th Meeting

    March 13, 2018

    Risk and Insurance Management Society, Inc.
    Program Chair: Diane Patterson
      

     

     

    Pennsylvania's Act 16

    What is it and what are some practical considerations for the business community?
     

    Sheraton Station Square

     

     

    Please join us as Patrick K. Nightingale, partner at Cannabis Legal Solutions, reform activist and medical cannabis patient, gives us an overview of
    Pennsylvania’s medical cannabis law.  Mr. Nightingale will discuss patient eligibility, criminal and civil protections for patients and practitioners, and
    some practical issues facing employees and employers as Pennsylvania’s medical cannabis program “takes root” and begins to “grow” to maturity.

    This will be a great session to attend! 

                                      REGISTRATION:    11:30 to 12:00                                             
                  LUNCH:    12:00 to 12:45          
     SPEAKERS:    12:45 to 1:30     
                     COST (CASH, CHECK OR     Register by March 9 - $40                      

      CREDIT CARD AT THE DOOR):    Late Registration/Walk-ins - $50      

      

    Payment is due upon arrival to the meeting. Cancellations after the Friday prior to the meeting and no-shows will be billed.
    MAKE CHECKS PAYABLE TO "PITTSBURGH CHAPTER OF RIMS".

    **Please note that if the Station Square parking garage has a "Leases Only" sign at the entrance, inform the parking attendant that you are attending an event at the Sheraton, and he/she will find a parking spot for you.

     

     

     

     

     To Register, email pittsburghrims@gmail.com with your name, company and phone number.
     
    Please visit our site at: http://pittsburgh.rims.org as we will be regularly updating our event calendar.

     

     

     
     
     
     
     
    Copyright © 2011 ~Chapter Model. All rights reserved.
     
     
     
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  • Scholarship Winners

    The Mid-Illinois Chapter is proud to announce Sal D’Acquisto and Justin Richards as our 2018 Chapter Scholarship Recipients.

    Sal is a junior at Illinois State University and is double majoring in Risk Management & Insurance and Finance. He is an active member of Gamma Iota Sigma, the Vice President of Marketing for Illinois State Students in Finance, and plays for the club soccer team. Sal has worked as a financial representative at Northwestern Mutual and will be interning at Great American Insurance during the summer of 2018. Sal grew up in Arlington Heights and enjoys spending time with friends and family.

    Justin is a junior at Illinois State University and is double majoring in Risk Management & Insurance and Finance. He came to ISU pursuing a pre-law degree, but later switched to a double major in Risk Management & Insurance & Finance to better follow his passion.  Last summer, he worked as a claim intern at Atlas Financial and hopes to spend the summer of 2018 working as a licensed property/casualty producer for the Bulow Group in Tinley Park, IL.  He is a first generation college student and is from Orland Park, IL.  After graduation, he hopes to work in Chicago or the suburbs.

    Congratulations to Sal and Justin.  Their awards will be presented at Illinois State University's Katie School Student Recognition Dinner on Tuesday, April 3th.
  • 2018 Golf Outing

    October 3rd, 2018
  • GRMI Temporary CRM Designation Reinstatement Offer

    CRM designation holders must maintain their credentialed membership with GRMI by paying a USD $50 annual dues fee, which is nonrefundable.  Nonpayment of the GRMI annual membership dues will result in forfeiture of the CRM designation and the ability to list CRM on a profile.  Reinstatement refers to the restoring of a designation that was lost due to non-compliance.

    ·         Former GRMI members whose membership lapsed for no more than two membership renewal dates can apply for reinstatement of their GRMI membership and CRM designation by completing the following steps:

    1.       Send an email request to GRMI@rims.org

    2.       GRMI will contact the individual to process the USD $100 renewal fee before 6/30/18. This will cover the fee for the previous (10/31/16 - 10/31/17) cycle and the current (10/31/17 -10/31/18) renewal cycle.

     

    ·         A CRM holder who (a) completed the 3 courses at a CRM provider location but did not register their designation with GRMI or (b) is a former GRMI member whose membership expired for non-payment spanning beyond two renewal dates will have two reinstatement options available until 6/30/18:

    o   Apply for reinstatement by completing the following steps:

    1.       Send a transcript with the reinstatement request to GRMI@rims.org

    2.       GRMI will send the individual a link to submit a reinstatement fee of USD $350.

     

    o   Write the 3 standardize exams (CRM 54, CRM 55, and CRM 56); each exam costs USD $130.  Log onto https://www.rims.org/grmi/Pages/Exam-Registration.aspx to register to write the exams, and email a transcript for the three courses to GRMI@rims.org.

  • February Meeting Presentation

  • February Meeting Minutes

  • Spencer Educational Foundation Awards 40 Internship Grants

    The Spencer Educational Foundation announced that 40 companies will have the opportunity to hire a summer risk management intern because of $5,000 grants they each will receive from the Foundation. The Foundation acknowledges the RIMS Northeast Florida Chapter and the Risk and Insurance Management Society for their continued sponsorship of this program. The full list of grant recipients can be seen here: http://www.spencered.org/industry-professionals/internhips/past-internship-companies/

    "Spencer has a proven record of providing experiential learning opportunities to students. Our internship program is a prime example," said Roger Andrews, Chairman of Spencer's Internship Grant Committee. "As the industry celebrates Insurance Careers Month, we are excited to announce these 40 internship grants that will provide students hands-on experience in a corporate risk management department. Since 1997, the Foundation has awarded more than $1.7 million in internship grants -- including $200,000 this year -- to expose students to a dynamic industry with vast career potential. We appreciate the industry's support of this program and thank our generous sponsors."
  • RIMS Awards the Risk Manager of the Year Honor to Children's National Medical Center's Rebecca Cady

    RIMS, the risk management society™, has announced Rebecca F. Cady, Vice President and Chief Risk Officer of the Children’s National Medical Center in Washington D.C., as the 2018 RIMS Risk Manager of the Year. The award will be presented to Ms. Cady at a ceremonial breakfast at RIMS 2018 Annual Conference & Exhibition on April 17th in San Antonio.

     Donald (Sandy) Aspinall, Jr., Vice President of Global Risk Management for Comcast Corporation; Jennifer Hills, Director of the Office of Risk Management Services for King County (Washington); and Joseph Meaney, Jr., Vice President of Global Insurance and Risk Engineering for AES Corporation were named to the 2018 RIMS Risk Management Honor Roll.

     The Risk Manager of the Year program aims to raise the profile of the risk management profession and the outstanding programs the honorees have implemented within their organizations. The program was initiated in 1977 and the Risk Management Honor Roll was added in 1981.

     “Expectations of risk professionals vary from organization to organization,” said RIMS CEO Mary Roth. “Our Risk Manager of the Year and Risk Management Honor Roll winners have demonstrated their ability to identify organizational needs and capitalize on new opportunities.

     “Whether it is enhancing processes, reducing costs or strengthening communications, this year’s class has shown extraordinary skill, knowledge and ingenuity. They are a testament to the significance of this profession and RIMS congratulates them for their achievements.”

     Any full-time professional who administers risk management programs for a corporation, nonprofit institution or government entity is eligible for submission in the Risk Manager of the Year program. The nominations are judged by an independent panel comprising prior honorees and other risk management and insurance industry leaders. 

     ABOUT THE WINNERS

     RISK MANAGER OF THE YEAR: Rebecca F. Cady, Esq., BSN, CPHRM, DFASHRM, FACHE

    Rebecca Cady is the Vice President and Chief Risk Officer at Children’s National Medical Center (CNMC), a freestanding pediatric academic medical center and health system based in Washington, D.C.

     Rebecca is responsible for CNMC’s enterprise risk management department, management of their litigation program including serving as counsel to the Compliance Officer and Human Resources. Additionally, she oversees the operationalization of the organization’s clinical risk management program; insurance program including managing the organization’s captive insurance company; its ombudsman program, as well as the workers’ compensation program.

     With excess of 10,000 incident reports a year, Rebecca’s work to update antiquated event reporting software and revamping the litigation management function was critical to the Center’s sustainability. By establishing best in class processes for managing outside counsel, decision analysis and case settlements, she directly contributed to a net positive movement on reserves of over $100M in the last five years. Additionally, under her direction, expenses in the management of CNMC’s program – including attorneys’ fees – decreased by over 47% in the same period.

     Rebecca creatively and effectively uses and improves risk financing/insurance to structure a risk financing and risk transfer program that serves the needs of the organization and supports its ERM initiative. She led the elimination of a redundant captive used for excess coverage, restructured program retentions in using the captive and a trust, strengthened claim reserving practices, and established a funding methodology to eliminate a $30M shortfall in reserves.

    Over the past nine years, Rebecca has established and implemented innovative programs and approaches to risk management and risk financing for CNMC that have been used as templates for the organization’s compliance program model.

    At CNMC, Rebecca previously served as interim Executive Director of a subsidiary patient safety organization and as interim VP, Chief Compliance and Privacy Officer. Prior to joining the Center, she was a Partner at Grace Hollis Lowe Hanson & Schaeffer, LLP.

     RISK MANAGEMENT HONOR ROLL: Donald (Sandy) B. Aspinall, Jr.

    Donald (Sandy) Aspinall, Jr. has enjoyed a nearly 30-year career in insurance brokerage and risk management.

    In his current role as Vice President of Global Risk Management for Comcast Corporation, Sandy leads risk management, claims management and risk assessment strategy and implementation for Comcast businesses worldwide. Through strategic initiatives and thoughtful planning, he integrated the people, processes and programs on an improvement continuum to develop a more cohesive and effective risk management approach.

     Sandy selects and provides management oversight and directs the activities of the various service providers, brokers, and insurers to assist the company in efficiently financing and managing risk. He oversees a claims management team that provides oversight, advocacy, and management of more than 16,000 claims per year and a rolling portfolio of approximately $400M of outstanding liability financed via retained risk and captive insurer reserves.

     In addition to acting as president of Comcast's two single parent captives and serving as a member of the company's Enterprise Risk Management Steering Committee and Risk Leadership Team, Sandy has transformed the corporation’s global risk management function. In just four years, he guided the organizations global risk management activities, allowing it to realize nearly $114M in savings.

     A true champion of enterprise-wide risk management, in his first four months, Sandy conducted 62 one-on-one discussions with leaders from diverse business practices and geographies. The meetings allowed him to successfully share the Global Risk Management team’s philosophy and better understand business leaders’ priorities. This laid the groundwork for continuing, highly communicative relationships and effective risk monitoring.

     Prior to Comcast Corporation, Sandy was the Managing Director, Strategic Account Management at Aon Risk Solutions. In addition to delivering significant value to the organization in this capacity, he served as a mentor to dozens of junior employees, promoting their interests, sharing his perspective and considerable technical knowledge.

     RISK MANAGEMENT HONOR ROLL: Jennifer Hills, ARM-P, CRM

    Jennifer Hills is the Director of Risk Management for King County, Washington. King County, the 13th largest county in the United States, includes the Seattle-Bellevue metropolitan area and serves over 2 million people.

     Jennifer and her staff of 31 are responsible for all aspects of managing, transferring, and financing risks that flow from the County’s operations. This includes its 14,000 employees, law enforcement, correctional facilities, public health and community services, wastewater treatment, legal system, as well as the 140 million annual trips taken on board its regional bus, light rail, street car, and passenger ferry services, as well as the operations of its international airport.

     Her team has aligned ERM with the mission and vision of King County, transforming its risk culture from “risk averse” to “risk optimized.” This culture shift is gaining momentum throughout County operations as strategic risks are taken to increase enterprise value. She has successfully motivated her team who give their best each day and contribute to the organization’s success, facilitating an increase in the employee engagement score for the Office of Risk Management Services from 66% in 2015 to 85% in 2017. 

     As a result of these ERM efforts, King County has a Priority Risk Register which addresses its top 30 risks and identifies their likelihood and impact, risk owners and action plans. With buy-in from senior leaders, Jennifer’s team hosts quarterly ERM Working Group meetings that are attended by representatives from King County’s largest agencies. Subsequently, losses have developed more favorably than predicted, and the Risk Management group was able to rebate $20M from an undesignated fund balance to County departments in the 2017-2018 biennial budget.

     Additionally, Jennifer has helped develop a more mature process for analyzing significant losses, shortening the time from claim filing to settlement from an average of 3.5 years to 1.5 years. This reduction has dropped significantly lower than the industry average (3.3 years) and continues to save time and money for both claimants and King County.

     Jennifer joined King County in 1999 and holds the ARM-P and CRM designations.

     RISK MANAGEMENT HONOR ROLL: Joseph (Joe) T. Meaney, Jr.

    As Vice President of Global Insurance and Risk Engineering for AES Corporation, Joseph Meaney is responsible for establishing and directing the global insurance and risk management practice, including the identification, management and efficient financing of construction, operational, and business risks. In addition, he oversees all global risk engineering activities and is an advisor to the senior leadership team on risk issues. 

    Under Joe’s leadership, AES’s Risk Engineering Program is now recognized as a world-leading self-directed engineering program. The program extends to all operational power plants and power plants under construction including several involving complex civil engineering challenges and single project investments in excess of $1 billion. Since the program’s inception, there have been more than 2,200 site visits, over 10,900 risk improvement opportunities identified, and AES’s potential for loss has been reduced by over $30.4 billion.

     Joe focuses on advancing communication across AES’s global operations. This requires oversight of AES presence in 16 countries on four continents and features a diverse workforce, cultural differences, multiple languages, different accounting practices, a range of power generation equipment and technology issues. By level-setting risk quantification and more efficiently tracking risk trends, Joe has developed a process that delivers emerging risk information to leadership. In addition to gaining trust from leadership, his guidance has promoted a culture of risk-informed decision making regarding a wide range of strategic initiatives from new project development, plant repowering, mergers and acquisitions and emerging technologies.

     Additionally, Joe has successfully enhanced AES’s captive (AGIC), allowing for it to become a sophisticated risk financing tool delivering unique solutions that enable AES to effectively compete in its marketplaces. In turn, AGIC has become a revenue generator, providing material annual corporate contributions over the last five years to the parent company.
  • Thirty-Seven Risk Management Students Invited to "Go Big" at RIMS 2018 in San Antonio

    RIMS, the risk management society™, presented 37 students with a 2018 Anita Benedetti Student Involvement Program grant. The program, sponsored by The Spencer Educational Foundation, recognizes the achievements of outstanding undergraduate and graduate risk management students, providing them with funds for travel expenses, complimentary hotel accommodations and registration to RIMS 2018 Annual Conference & Exhibition scheduled for April 15 – 18 in San Antonio.  

     This year’s class of Anita Benedetti Student Scholars includes six students from outside of North America, as well as greater participation from universities outside of the Northeast region of the United States.

    “The international and regional diversity of this year’s scholars reflects the evolution of the risk management profession,” said RIMS CEO Mary Roth. “RIMS collaboration with a growing number of universities that offer risk management curriculums is critical to closing a talent gap and supporting this profession’s future. We are excited to welcome this ambitious group of students to RIMS 2018, introduce them to the global risk community and learn from their unique perspectives.”

    Below is a complete list of this year’s grant recipients:

    ·         Kendall Banks, University of North Carolina - Charlotte

    ·         Jenna Benvenuti, Olivet College

    ·         Yuuki Bomar-Kawakita, University of Georgia

    ·         Rebecca Cacioppo, University of Wisconsin-Madison

    ·         Laura Colmenares, Universidad EAFIT (Colombia)

    ·         Abby Cothran, Mississippi State University

    ·         Daniel Coyle, Temple University

    ·         Douglas Dick, Troy University

    ·         Maggie Flynn, Illinois State University

    ·         Ashley Gao, University of Akron

    ·         Matthew Garofalo, University of Hartford

    ·         Nicholas Goers, Missouri State University

    ·         Carina Gonzalez, St. Mary's University

    ·         Jason Hall, British Columbia Institute of Technology

    ·         Madison Hardy, University of Mississippi

    ·         Noah Hicks, University of North Carolina - Charlotte

    ·         Maranda Johnson, University of North Texas

    ·         Megan Keathley, Olivet College

    ·         Akash Kheterpal, National Insurance Academy (India)

    ·         Logan Krause, East Carolina University

    ·         Nick Kubala, Eastern Kentucky University

    ·         Pratik Kumawat, Birla Institute of Management Technology (India)

    ·         Ben Landes, University of Georgia

    ·         Chunyan Lei, Peking University (China)

    ·         Kyle McDonald, Ball State University

    ·         Shannon Nisi, Troy University

    ·         Nicholas Patnode, University of Wisconsin - Madison

    ·         Nathan Paulik, Missouri State University

    ·         Sam Reese, Butler University

    ·         Abygail Schukin, Lasalle University

    ·         Christy  Simpers, Appalachian State University

    ·         Andrew Smith, University of Calgary

    ·         Alexandra Stoughton, University of Mississippi

    ·         Brent Vansickle, British Columbia Institute of Technology

    ·         Santiago Villa, Universidad EAFIT (Colombia)

    ·         Amanda Wolfgang, Temple University

    ·         Yangfan Yao, Peking University (China)

     Initiated as a pilot program at the 1978 RIMS Annual Conference, the program recognizes exceptional students involved in the study of risk management, and has grown into a differentiating part of the RIMS Annual Conference and Exhibition. The program became known as the Anita Benedetti Student Involvement Program in 1997 to honor Ms. Benedetti's commitment to developing the next generation of risk professionals.
  • 2018 Fairfield Westchester RIMS Meeting Dates

    ​Please save the following dates for the 2018 RIMS meetings:

    Wednesday March 21st - Lunch Meeting
    Wednesday June 6th - Lunch Meeting
    Wednesday September 19th - Lunch Meeting
    Wednesday December 5th - Dinner Holiday Meeting

    More details to follow soon. We hope to see you there.​​
  • RIMS - Fairfield/Westchester Chapter - 17th Annual Charity Golf Outing Photos

    ​Thank you to everyone that made the 17th annual golf tournament a huge success.  For pictures from the event go to: About Us/ Chapter Events/ 2017 Chapter Golf Outing Photos  and Golf Outing Photos 2 or use the link below. We hope to see you at the next Chapter meeting on September 13th.​​
  • Fairfield Westchester RIMS on LinkedIn

    ​Please join the Fairfield Westchester Rims group on LinkedIn and network with other members in the Chapter. See below.
  • RIMS President's Corner: Your Legacy, Our Legacy

    It is an absolute honor to deliver this first message and serve this Society as president in 2018.  I’ve been a member of RIMS for over 20 years, have been an active member of my local RIMS Delaware Valley Chapter and this will be my 10th year serving on the RIMS Board.

    I’m a history buff, especially when it comes to RIMS history.  I love where we stand today and see great opportunities and success in this Society’s future. 

    RIMS was built by passionate professionals who realized just how crucial risk management is to the organization’s success; who dedicated themselves to the advancement of risk management practices; who envisioned a future where risk management would be recognized around the world as a fundamental business function; and who believed in the discipline’s potential to become a rewarding and highly-sought-after career path.

     

    My focus for the year is Your Legacy, Our Legacy. It’s a call to action. First, in order to get to where we are going, we must recognize the past. With that understanding, individually we can work on improving ourselves. And, collectively, those individual efforts will benefit the whole.

     

    This call to action implores risk professionals around the world to step back from their daily routines and ask themselves, “what mark will I leave on my organization, on my fellow and future colleagues, on the risk management community as a whole?”

     

    The opportunities are abundant. Will you develop or implement new strategies that take your organization to new heights? Will you embrace a mentorship role, sharing ideas and best practices? Will your focus be altruism, giving back to your local risk management community? Maybe it will be your work on risk management advocacy efforts and changing legislation that directly impacts the profession. Or, perhaps, a commitment to engaging and connecting with your peers around the globe.

     

    In just my first month as president, we’ve already initiated some new opportunities and resources to support our members’ professional journeys.



    RIMS released two new publications this past month. A new report “Top Five Steps for Communicating with Executives” addresses soft-skills risk professionals might need to effectively deliver the right information to leadership. And, as part of RIMS ongoing advocacy efforts, RIMS External Affairs Committee issued a Legislative Review. The review explores the implications of the Base Erosion and Anti-Abuse Tax (BEAT) on insurance and reinsurance programs. Both publications can be found in RIMS Risk Knowledge library.

     

    We also just held our first President’s Call. This initiative is designed to enhance communication between RIMS, its chapter leaders and, ultimately, RIMS members. More than 80 local chapter leaders joined the call and you should be getting an update from them soon. The next call is scheduled for March 29, 2018. Please feel free to contact RIMS Client Services to gain more information about them (cst@rims.org).

     

    And, in just under 70 days, we will convene for the greatest risk management event in the industry. Registration for RIMS 2018 in San Antonio April 15 – 18 is well underway. The Annual Conference always offers exceptional educational programming and we are proud to welcome professionals from over 70 countries – making it truly a world-leading conference. Get ready to GO BIG! and stay tuned for new updates that only add to this can’t-miss event.

     

    As a RIMS member, you have already taken the first step. Hopefully, you’ve realized that the career opportunities in risk management are diverse and limitless. That said, the only way to achieve greatness in this profession is to constantly enhance our capabilities.

     

    As we all strive toward establishing our own legacy, together we will positively impact the future of the profession, building a powerful and sustainable global risk management community for years to come.

     

    Thank you for all of your support.  We are looking forward to a great year.

     

    Sincerely,


    Robert Cartwright, Jr.

    RIMS 2018 President
  • New Job Posting

    Check out the new Risk Management job posting for BC Ferries under the "Education & Careers" tab located above.

    Listed under "Jobs".

    Good luck to all that apply!

    ____________________________________________

    Need Continuing Education Credits? Want to stay current in your industry? Check out our monthly education sessions on hot topics such as:

    February 21st, 2017 -
    Crisis Management Session

    March 14th, 2018 (Half Day Session) - 
    Construction Topics (Surety E-Bonding, Contracts, Builder’s Risk
    & Wrap Up Policies)

    April 18th, 2018 (Session with The Society of Fellows) -The Legalization of Marijuana

    May 16th, 2018 - Psychological Injury and Monetary Court Awards

    Stay tuned for more details to follow!


    ​​​
  • February Seminar

    Topic:  Operations and Builders Risk Coverage:  Whether renovating an existing building or building a new one, there is a risk exposure. Often this is addressed with a builders risk policy, but not all polices are equal. This session will look at setting adequate limits, project exclusions and addressing property damages with Operations and Builders Risk coverage.
    Guest Speaker:  Maurice Audet, Senior Vice President, Regional Resource Leader, Risk Research & Solutions Aon Reed Stenhouse Inc.

    Date and time: Wed, February 21, 2018 9:15 AM – 12:00 PM

    Location: Al's Steakhouse 327 Elgin Street
  • February Luncheon

    Join us for a very important topic impacting companies of all sizes.   There will a discussion of regulations regarding the rights of employees with disability and how they have caused employer’s to reassess workers compensation and return-to-work programs.  We will address the in’s and out’s of a integrated return to work program.

    Christina Bergman, CWCP, CHRS is a Managing Consultant, Rick Control and Claims at Aon Global Risk Solutions.  She provides specialized injury management consultation focused on management of Workers Compensation program components and reduction of overall Total Cost of Risk.  Her focus includes linkage of safety and claim mitigation programs, along with operational assessments, process improvement, claim management strategies, TPA oversight, performance guarantees, audit measurements, and implementation of comprehensive return to work program.  She has worked in the worker’s compensation arena since 1988 and has expertise managing related programs along with overlapping Human Resource obligations. 

     

    When: Thursday, February 8, 2018 (2nd Thursday)

    Time: 11:30 am 

    Where: Little America Hotel

    500 Main St, Salt Lake City

     

    Register
  • Spencer Foundation - May 1st Deadline

    Spencer is the premier organization awarding scholarships and grants in risk management and insurance, and facilitating internship opportunities, as well as providing a Risk-Manager-in-Residence program to universities. Since our founding, we have awarded 970 scholarships totaling approximately $6.3 million, and $3.25 million in grants to universities and professional institutions for educational programs and conferences.
  • January Board Meeting Minutes

    Below are the meeting minutes from the January 2018 board meeting.
  • Pittsburgh RIMS February 13th Meeting

    February 13, 2018

    Risk and Insurance Management Society, Inc.
    Program Chair: Diane Patterson
      

     

     

    Business Continuity, Disaster Recovery & Crisis Management at DICK's Sporting Goods
     

    Sheraton Station Square

     

    Join us for this enlightening presentation where Julie Ross, Senior Manager of Business Continuity and Crisis Management
    for DICK’S Sporting Goods, will show how she transforms data into meaningful information that drives risk and compliance
    programs for her company.   An overview of DICK’S business continuity, disaster recovery, and crisis management programs’
    framework and management will highlight how the organization prepares for and responds to a business disruption.

    This will be a great session to attend! 

                                      REGISTRATION:    11:30 to 12:00                                             
                  LUNCH:    12:00 to 12:45          
     SPEAKERS:    12:45 to 1:30     
                          COST (CASH, CHECK OR     Register by February 9 - $40                      

      CREDIT CARD AT THE DOOR):    Late Registration/Walk-ins - $50      

      

    Payment is due upon arrival to the meeting. Cancellations after the Friday prior to the meeting and no-shows will be billed.
    MAKE CHECKS PAYABLE TO "PITTSBURGH CHAPTER OF RIMS".

    **Please note that if the Station Square parking garage has a "Leases Only" sign at the entrance, inform the parking attendant that you are attending an event at the Sheraton, and he/she will find a parking spot for you.

     

     

     

     

     To Register, email pittsburghrims@gmail.com with your name, company and phone number.
     
    Please visit our site at: http://pittsburgh.rims.org as we will be regularly updating our event calendar.
  • Website Updates


    > Job Bank 2/13
    > Education-Professional Development 1/9
    > Membership Drive
    > Florida Educational Conference
    > Risk Management Vendor Fair
    > Meetings/Events: 2018 events updated 2/13
  • SAVE THE DATE - 2018 RIMS GOLF TOURNAMENT

    PLEASE SAVE THE DATE FOR OUR 2018 ANNUAL KC RIMS GOLF TOURNAMENT.

    TOURNAMENT WILL BE HELD ON MONDAY, SEPTEMBER 1Oth 2018.
  • Overseas Reinsurance Implications of the Base Erosion and Anti-Abuse Tax (BEAT) Provisions of H.R. 1

    In response to H.R. 1 – the “Tax Cuts and Jobs Act” recently signed into law by President Donald Trump, RIMS, the risk management society™, published a Legislative Review to address certain international tax provisions included in the final bill. RIMS anticipates that the Base Erosion and Anti-Abuse Tax (BEAT) provisions, which will levy a 10% tax on transactions with foreign affiliates, will negatively impact member organizations’ insurance and reinsurance programs.  

     Issued by RIMS External Affairs Committee, the newly released RIMS Legislative Review addresses the following questions regarding BEAT:

     ·         How does BEAT change the taxation rules for non-domestic insurers and reinsurers?

    ·         How are modified taxable income and base erosion minimum amount generally defined in this provision?

    ·         What is a “foreign person” under the Act, and how are the “foreign person’s” relationships with the taxpayer defined?

    ·         What is an “applicable taxpayer” under this provision?

    ·         Is there any uncertainty or ambiguity as to whether the BEAT provision affects reinsurance premiums?

    ·         What is the reasoning behind BEAT?

    ·         What are the main concerns with BEAT as it applies to the insurance industry?

    RIMS Legislative Review exploring the implications of the BEAT provision included in the Tax Cuts and Jobs Act can be found in RIMS Risk Knowledge library www.rims.org/RiskKnowledge.  

     RIMS Advocacy is guided by the RIMS mission. The Society advocates on behalf of risk professionals worldwide to Members of Congress, federal agencies, state legislative and regulatory bodies, and international regulatory authorities. For more information about RIMS Advocacy initiatives, visit www.RIMS.org.
  • Top Five Steps for Communicating with Executives

    Communication is the key for risk management professionals to engage leadership, become trusted partners and strategic advisors, according to RIMS’ new professional report “The Top Five Steps for Communicating with Executives.”  

     

    The newly released RIMS report features real accounts offered by risk professionals. Contributors shared challenges, opportunities and successful strategies for delivering effective risk management communications to senior executives.

     

    Some of the communications tips offered in the report include:

     

    ·         “You can’t give people too much information,” said Suzanne Christensen, treasurer and head of investor relations and risk at Invesco. “There’s brilliance to simplicity.”

     

    ·         “Interactions with executives need to be solution-focused and to-the-point,” said Morgan Keane, former the ERM general manager at the Port Authority of New York and New Jersey.

     

    ·         “The risk manager needs to challenge himself or herself: What are you bringing to the table? In order to get a seat at the table, you have to earn it,” said an ERM leader at a global consumer packaged goods company.”

     

    The Top Five Steps for Communicating with Executives report is available to RIMS Members only for the first 60-days. After the introductory period, it will become available to the broader risk management community. To download the report, visit RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge. For more information about the Society and to learn about other RIMS educational opportunities, conferences and resources, visit www.RIMS.org.
  • Job Opportunity - The State of Wisconsin, Bureau of State Risk Management

    Wisconsin Department of Enterprise Operations, Bureau of Risk Management is looking for a Property & Liability Manager.

    For information, see link below.
  • Website Updates


    > Membership Drive 1/3
    > Florida Educational Conference 1/3
    > Risk Management Vendor Fair 1/5
    > Education-Professional Development 1/9
    > Job Bank 1/9
    > Meetings/Events: 2018 events updated1/5
  • FL RIMS Conference registration is open

  • JANUARY LUNCHEON

    Start the new year with learning.  We have a wonderful opportunity to hear from one of the foremost experts on blockchain technologies and crypto currencies in the intermountain west, Jonathan Johnson.  Come and learn what blockchain technology is, and how it is impacting the world we live in, including how this may impact your risk management decisions.  

    Jonathan Johnson is a member of Overstock's board of directors.  He joined Overstock in 2002 and has been an integral part of the company's meteoric growth from a small start-up to a publicly traded company with nearly $2 billion in sales and over 2,000 employees.  He is also president of Medici Ventures, Overstock's subsidiary that oversees a portfolio of blockchain technology companies.  In this role, Jonathan is responsible for pioneering growth and innovation in applying blockchain to financial markets and beyond.  He served as a judicial clerk at the Utah Supreme Court. Jonathan received a Juris Doctor degree from the J. Reuben Clark Law School at Brigham Young University. 

    Jonathan is involved in the community. He serves on the governing boards of Silicon Slopes, the Utah Technology Council, the Utah Foundation, and the Hale Centre Theatre.  In 2016, you might remember he ran for governor of Utah as a freedom-loving Republican. Jonathan and his wife Courtney are the parents of five sons, ages 25 to 14.  They live in Holladay, Utah.

     

    When: Thursday, January 11, 2018 at 11:30 am 

    Where: Little America Hotel

    500 Main St, Salt Lake City
  • Robert Cartwright, Jr. Named 2018 President of RIMS

    RIMS, the risk management society™, today announced that Robert Cartwright, Jr. CRM, BSB/OP will lead the Society as president for the 2018 term, effective January 1. 

     Mr. Cartwright is the Division Manager of Environmental, Health, Safety and Sustainability for Bridgestone Retail Operations in the Northeast Region. He has been a member of RIMS for more than 25 years and on its Board of Directors for ten years. Mr. Cartwright has held every Board position with the RIMS Delaware Valley Chapter, including serving as its president from 2005-2007. He was also the recipient of the 2009 RIMS Richard W. Bland Award for exceptional contributions to the Society’s legislative initiatives.

    “In order to advance the risk management profession we must recognize those who came before us,” said RIMS 2018 President Robert Cartwright, Jr. “Risk management has evolved leaps and bounds from just a decade ago and that progress is a direct result of our predecessors’ passion and perseverance.

     “Today, industry professionals have the same opportunity to become trailblazers, increasing organizational awareness of risk management’s diversity and value. As we work to establish our individual legacies, together we will strengthen and solidify the collective legacy of the global risk management community.”

     Officers on RIMS 2018 Board of Directors:

    President: Robert Cartwright, Jr., CRM, BSB/OP; Division Manager, Northeast Region, Environmental, Health, Safety and Sustainability, Bridgestone Retail Operations, LLC.
    Vice President: Steve Pottle, CIP, CRM; Director Risk Management Services, York University.
    Treasurer: Gloria Brosius; Corporate Risk Manager, Pinnacle Agriculture Holdings.
    Secretary: Robert Zhang; China Risk and Compliance Manager, IKEA (China) Investment Co., Ltd.
     
    New Board Members:

    ·         Susan Hiteshew, RIMS-CRMP, ARM; Senior Manager, Global Insurance and Risk Financing, Under Armour, Inc.

    ·         Kristen Peed, CPCU, RPLU, CRM, ARM-E, CIC, AAI; Director of Corporate Risk Management, CBIZ, Inc.

    ·         Jennifer Santiago, RIMS-CRMP, ARM; Director, Risk Management, Novartis Pharmaceutical Corporation.

    ·         Patrick Sterling, SPHR, SHRM-SCP; Senior Director, Legendary People and Risk, Texas Roadhouse.

     Incumbent Board Members:

    Emily Cummins, CPA, CPCU, CISSP, ARM, ARE; Managing Director of Tax and Risk Management, National Rifle Association.
    Barry Dillard; Director, Claims Management, Walt Disney Parks and Resorts US.
    ·         Ellen R. Dunkin, Esq.; Senior Vice President, General Counsel & Chief Risk Officer, Amalgamated Life Insurance Company.

    Laura Langone, JD, MBA; Senior Director, Global Risk Management and Insurance, PayPal, Inc. Holdings.
    ·         Soubhagya Parija; Senior Vice President and Chief Risk Officer, New York Power Authority.

    Ex Officio: Nowell R. Seaman, RIMS-CRMP, FCIP, CRM; Director, Global Risk Management, Potash Corporation of Saskatchewan Inc.
  • RIMS 'Beat the Winter Blues' Party - Thursday, January 18th

    It’s time for the annual 'Beat the Winter Blues' Party on Thursday, January 18th. We will be at the Rivers Casino again this year. See the attached flyer for details or check out our website at http://pittsburgh.rims.org. Register by e-mailing Nancy Miller at nancymiller100@comcast.net.
  • Website Updates


    > Education-Professional Development 12/26
    > Job Bank 12/26
    > Meetings/Events: 2018 events updated
  • SW FL RIMS Chapter meeting was cancelled for June 2018 due to the FL RIMS Educational Conference

  • 2018 Florida RIMS Educational Conference June 19th - 23rd

    ​The 2018 Florida RIMS Educational Conference was moved to June 19th - 23rd at the Ritz-Carlton, Naples, FL
  • December Meeting Presentation

    Below is the presentation from the December monthly meeting.
  • RIMS President's Corner: Building Our Momentum

    During the past year as RIMS President, I have been constantly inspired by the power and passion of the global risk management community.  Through our exchange of knowledge and experience, we can create compelling value for our organizations, and together we will continue to move the Society forward. 

     During December 2017, several important initiatives have allowed RIMS to showcase its resources, continue to grow its global network and learn from some of the brightest international risk professionals in the industry.

     On December 12th and 13th, RIMS Risk Forum Middle East in Dubai drew nearly 250 attendees. Our partners at the Dubai’s General Directorate of Residency and Foreigners Affairs must be commended for their efforts that made this year’s event a great success. RIMS assembled a two-day educational program that featured risk professionals from some of the region’s leading organizations. I was honored to deliver the closing remarks and we look forward to building upon the relationships and friendships that we have formed.

     Our relationship with our partners in India continues to flourish. On December 6th and 7th, RIMS held its first-ever Risk Summit in Mumbai. Thirty risk management professionals were invited to explore best practices and challenges and the discussions were energetic and engaging. In addition, RIMS Vice President Robert Cartwright and Board Director Robert Zhang spoke at India’s Institute of Directors Global Convention on Corporate Risk Management and Ethics in Singapore on December 14th and 15th. The focus on risk management is intense in both India and Singapore, and RIMS is excited about the opportunities we have been afforded to be a part of that development. And being able to share what we have learned at each of these events will help to further connect the global risk management community.

     The Society just announced that the RIMS-Certified Risk Management Professional (RIMS-CRMP) certification is now internationally accredited by the American National Standards Institute (ANSI) under the ISO/IEC 17024:2012 standard. As the first risk management certification in the world to achieve this accreditation, we are beyond proud to offer this credential to qualifying risk professionals.  

     Last, but certainly not least, the RIMS 2017 Compensation Survey published this month provides detailed compensation analysis by industry, location and position for virtually all risk professional positions. It offers insight for organizations into investment in designated risk management functions, and high-quality benchmark information for comparison purposes. The RIMS 2017 Compensation Survey can be found in the RIMS Store.

     So much has transpired over the course of 2017. From the Leadership Forum in January, to RIMS Annual Conference and Exhibition in April, to changes in our membership structure, to our many global, regional, and local events, and the wide-range of reports and surveys published, it truly has been an amazing year.

     It has been a privilege to serve as your RIMS President during 2017. There have been many highlights, but I would have to say that the best part for me has been meeting and working with so many great RIMS members, associates and partners. Your support and participation keeps RIMS moving forward together. Thank you!

     Now, as RIMS leadership and staff are busy planning even greater things for 2018, I want to extend very best wishes to you for a wonderful holiday season and a happy and prosperous New Year.

     Yours sincerely,

     Nowell R. Seaman

    RIMS 2017 President
  • Submit Your Data for the RIMS Benchmark Survey

    We are nearing the end of the data collection period and we still need insurance data from all industries. The Survey is a single source of benchmark statistics with data for more than 20,000 insurance programs from 759 organizations – many of which are Fortune 500 companies.  RIMS wants the 2018 to be balanced and inclusive of industries, which is why we need your contribution. 

    The RIMS Benchmark Survey will help you:

    -Shape your understanding of the market.
    -Hold more informed and productive discussions among risk managers, brokers and underwriters.
    -Explain the market to internal management.

    The RIMS Benchmark Survey provides the only independent, fact-based review of the cost of risk to insurance purchasers—unbiased by brokers or insurers involved.

    As a thank you for contributing your data, you’ll receive the complete survey when it is published in 2018 (an $899 value).

    Contributing your data takes only a few minutes:

    1. Email your schedule of insurance to us at benchmark@RIMS.org.
    2. Have your broker submit your data.
    3. Call us at 212-286-9292.

    Thank you for your participation in this valuable survey. Learn more at www.RIMS.org/Benchmark.

    The deadline to submit data is December 31.
  • RIMS REPORT - Ties That Bind: Business Continuity Management, Resilience and Geopolitical Risk

    Business continuity management provides an opportunity for resilient organizations to help safeguard both economic factors and societal responsibilities, according to a new RIMS Professional Report titled, Ties That Bind: Business Continuity Management, Resilience and Geopolitical Risk.

     

    Authored by Elsa Goutveniger for RIMS, the report highlights the value of a proactive business continuity management system and its ability to support risk management professionals’ capacity to address emerging risks. The report focuses on geopolitical risks and urges organizations’ to incorporate social responsibilities into its business continuity efforts.

     

    “Business continuity management can and should extend beyond the organization’s finances and operations,” said Ms. Goutveniger. “An effective plan can improve productivity, reliability and enhance competitiveness and, perhaps most importantly, strengthen its reputation among its consumers, key stakeholders and surrounding community.”

     

    Ties That Bind: Business Continuity Management, Resilience and Geopolitical Risk report is available in RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge. The report is available to RIMS members-only for the first 60 days and then will be available to the greater risk management community. For more information about RIMS and to learn about other educational opportunities, conferences and resources, visit www.RIMS.org.
  • RIMS-CRMP Certification Earns International Accreditation

    Now the only risk management certification in the world to hold accredited status, the RIMS-Certified Risk Management Professional certification (RIMS-CRMP) received official accreditation by the American National Standards Institute (ANSI) under ISO/IEC 17024:2012. The ANSI Accreditation of RIMS-CRMP signifies that the Institute recognizes the competence of RIMS to carry out certification activities in accordance with requirements defined in International Standards and confirms approval by government and peer review assessments.

     With the accreditation of the RIMS-CRMP under ISO/IEC 17024:2012:

    ·         RIMS is the only risk management certification to currently have earned such status;

    ·         RIMS-CRMP conforms to international standards;

    ·         RIMS is one of the youngest programs to earn accreditation in any industry;

    ·         An independent third-party has evaluated and approved the certification program, its processes and procedures;

    ·         RIMS commitment to continuous quality reviews and improvements is solidified.

     “Achieving accreditation status for RIMS-CRMP reaffirms the Society’s commitment to excellence and delivering powerful programs for the global risk community,” said RIMS CEO Mary Roth. “As an internationally recognized mark of achievement, the certification demonstrates professionals’ dedication to their work and validates their risk management knowledge and skills.”

     RIMS Director of Certification Programs Veronica Whitehead said, “Compliance to an ISO standard is a prestigious accomplishment in the United States and carries even greater prestige around the world where it might be required to do business. No matter the country, the accreditation of RIMS-CRMP certification cements it as the ultimate measure of risk management competency and reinforces the incredible value of becoming a RIMS-CRMP holder.”

     ISO is an independent, non-governmental membership organization and the world’s largest developer of voluntary International Standards.  ISO is comprised of 162 member countries who are the national standards bodies around the world.  The United States representative to ISO is the American National Standards Institute (ANSI). ISO has published more than 19,500 International Standards covering almost every industry, from technology and food safety to agriculture and healthcare. 

     For more information about the RIMS-CRMP certification, to register online or for the in-person exam at RIMS 2018 Annual Conference & Exhibition in San Antonio, visit www.RIMS.org/certification or contact RIMS Client Service Team at cst@RIMS.org.  Availability is limited for the in-person exam.
  • Website Updates


    > Education-Professional Development
    > Job Bank
    > Meetings/Events: 2018 events updated
  • RIMS President's Corner: It’s Our Time

    It’s our time to shine and to continue to promote the value risk management adds to our organizations.

    For risk professionals, there’s no better time – and no better place – to advance professionally, to connect with risk leaders, to share ideas and learn from best than RIMS Annual Conference & Exhibition. Registration for RIMS 2018 is now open – almost a full-month earlier than last year – giving the global risk management community ample time to join us in San Antonio on April 15 - 18, 2018.

    RIMS 2018 will feature some new additions to enhance the experience for attendees including: the Innovation Hub – with more TED-style-like educational sessions; a more streamlined education program; an expanded and more encompassing RIMS HQ in the RIMS Marketplace; as well as the opportunity to take the RIMS-CRMP certification exam in-person.

    The website is up-and-running and I encourage you to take a look at the sessions, the keynote speakers and the events. This conference’s theme is “Go Big,” and we are planning to deliver a program full of big ideas, big connections and big solutions. We hope you will join us.

    The opportunity for risk professionals to share experience and practices continues to grow worldwide. RIMS Risk Management Forum China was an overwhelming success, and I want to congratulate Board Director Robert Zhang and RIMS staff for delivering an impressive event. With support from government agencies, industry leading companies, universities and local corporate risk managers, the inaugural Forum in China welcomed over 200 guests during a two-day period. The results were extremely encouraging, and we have already started the conversations for a follow-up event next year.

    As always, RIMS is dedicated to connecting risk professionals across the globe, as well as delivering essential industry knowledge. On that note, the RIMS 2017 Compensation Survey is now available for purchase. Produced every two years, the survey not only provides risk professionals with tools to assess their careers, but it also provides leadership insight to make informed decisions about their risk programs.

    In addition, Total Cost of Risk has been an effective method for risk professionals to gauge and demonstrate risk management’s success. RIMS Benchmark Survey is now accepting input from our members. In exchange for anonymously sharing details about your insurance programs and premiums, contributors are awarded with a complimentary copy of the final report.

    At the RIMS ERM Conference in Los Angeles, we recognized organizations that have seized the moment and developed ERM programs that truly stand out, and can be directly linked to growth and innovation.  The Toronto Transit Commission was presented with this year’s RIMS ERM Award of Distinction and Honorable Mentions given to Argo Group International Holdings, Inc. and the Edmonton Police Service. We congratulate these entities for a job well-done, and we thank them for sharing their experiences and allowing others to follow in their footsteps.

    Although the year is coming to an end, at RIMS we still have much more to offer in 2017. RIMS Risk Summit India will be held on December 6th and 7th in Mumbai, and the RIMS Risk Forum Middle East will take place in Dubai December 11th and 12th. RIMS is also a key partner in the Institute of Directors Global Convention on Corporate Ethics & Risk Management in Singapore, where RIMS Vice President Robert Cartwright, Jr. will deliver the keynote address.

    RIMS remains passionate about our mission to educate, engage and advocate for the global risk management community. There is no better time than the present to be in this profession and the Society is committed to helping you make the most of it. 

    Sincerely,

    Nowell R. Seaman

    RIMS 2017 President

  • OVERALL RISK PROFESSIONAL SALARY CONTINUES STEADY CLIMB: RIMS 2017 Compensation Survey Now Available

    Risk professionals at all levels and responsibilities in the United States experienced an average 3.5% base salary increase this year, while Canadian practitioners experienced an average 2.0% increase, according to RIMS 2017 Compensation Survey. The survey – published every two years – is now available in the RIMStore at www.RIMS.org/RIMStore.

     

    The 93-page survey provides detailed compensation analysis by industry, location and position for virtually all risk professional positions. The survey also explores the impact of education, experience and demographical data on compensation, as well as benefits and additional cash compensation programs available to practitioners.

     

    Compared to RIMS 2015 Compensation Survey, key findings include:

    ·         Average base salary for CROs in the United States increased 11% to $190,800;

    ·         Average base salary for Director of ERM/Strategic Risk Management in Canada saw the biggest increase for the country, up 8% to $130,000;

    ·         63% of risk management professionals in both the US and Canada perform functions in addition to risk management in their organizations.

     

    “In a competitive job market, it is imperative to have the tools to formulate compelling compensation programs,” said RIMS CEO Mary Roth. “Understanding the elements that impact compensation and career growth, provides risk professionals with a road map for advancement.”

     

    The survey was conducted by email and disseminated to qualified professional RIMS members. It comprises data from 950 completed surveys submitted by full-time risk professionals and offers findings for seven different risk management job titles. RIMS 2017 Compensation Survey incorporates data from 781 risk professionals in the United States and 138 in Canada.

      

    RIMS 2017 Compensation Survey is available to both members and nonmembers. To order a copy, visit www.RIMS.org/RIMStore. Survey contributors are entitled to a complimentary copy of the survey’s Executive Summary. The full survey is $30 for contributors; $250 for member/noncontributors; and $500 for nonmember/noncontributors.
  • November Meeting Presentation

    Attached is the presentation from the November monthly meeting on Emerging Legal Issue in Risk Management.
  • REGISTRATION OPEN: RIMS 2018 ANNUAL CONFERENCE & EXHIBITION

    RIMS, the risk management society™, has opened registration for RIMS 2018 Annual Conference & Exhibition, the world’s premier risk management and insurance industry event. Scheduled for April 15 – 18 at San Antonio’s Henry B. Gonzalez Convention Center, the four-day event will feature a wide-range of educational sessions, 400 exhibitors and is expected to draw more than 10,000 professionals from around the world. Visit www.RIMS.org/RIMS2018 to register.

     
    KEYNOTE SPEAKERS

     Chris Bashinelli – RIMS General Session – Monday, April 16

    Vernice “FlyGirl” Armour – Awards Luncheon – Monday, April 16

    Jay Leno – RIMS Conference Finale – Wednesday, April 18

     

    WHAT’S NEW AT RIMS 2018

     To continue to provide attendees with a superior experience, RIMS conducts a comprehensive analysis of previous conferences and has announced these additions to the 2018 program:


    ·         INNOVATION HUB – Aligned with the fast-paced energy of the conference, the new Innovation Hub offers RIMS 2018 attendees with an even wider selection of educational programming set in 20-minute presentations. The Innovation Hub is in addition to RIMS 2018 Thought Leader Theater.

     

    ·         IN-PERSON CERTIFICATION TESTING – The RIMS-CRMP certification has become a globally recognized professional achievement that affirms risk professionals’ skills and expertise. This year, attendees will have the opportunity to take the exam in-person in San Antonio. Limited seats are available so attendees must register in advance.

     
    ·         RIMS HQ – RIMS newly expanded booth includes the Thought Leader Theater, Professional Development Lounge, Publications Corner, Wellness ZENter, Advocacy Lounge, Member Lounge and Smart Bar in one convenient location.

     
    ·         COMPLIMENTARY AIRPORT SHUTTLE SERVICE – To accommodate our attendees who will travel from more than 70 countries around the world, RIMS 2018 attendees will have access to complimentary shuttle service from the airport on April 14th and 15th.

     For questions about registration, contact RIMS_registration@goeshow.com or U.S. callers can call +1-866-538-3858, international callers +1-847-620-4473.

     
    For questions about exhibiting or sponsorship opportunities at RIMS 2018, contact Matt Whyte at mwhyte@rims.org or +1-212-655-6052.

     All speaking opportunities at RIMS 2018 are confirmed. Confirmed speakers who have questions may contact speakers@RIMS.org.

    Press registration: https://events.rims.org/annual/2018/press_registration.cfm
  • Save the Date: 15th Annual Golf Tournament

    The Oregon Chapter of RIMS will be hosting the 15th Annual Golf Tournament on Wednesday, August 22, 2018 at The Reserve Gold Club and Vineyard. See the attached Save The Date flyer for more information.
  • Professional Scholarship for 2018 RIMS National Conference

    The Oregon risk management community is invited to nominate a professional member for a scholarship to attend the 2018 RIMS National Conference from April 15-18, 2018 in San Antonio, Texas. The nominee must be an Oregon Chapter Corporate Professional Member, and strong candidates will have made meaningful contributions to the Oregon risk management community and/or the Oregon RIMS chapter.

    Expenses covered by this scholarship include: Conference Registration Fee, Hotel Room Rate (including taxes but not incidentals), Travel Expenses up to $350, Meals up to $30/day; up to a total maximum award of $1,500.  

    Nominate a fellow risk professional by December 13, 2017 using the attached application.
  • November Board Meeting Minutes

    Attached are the meetings from November's meeting of the board.
  • 5th Annual BCRIMA/AON Dart Social!


    Save the date for this popular event!
      

    It’s our 5 year anniversary and as with past years it will SELL OUT fast so keep your eye out for registration details later this month.  We hope you will join us to network with others in the industry.  You’ll have the opportunity to throw your hands at darts or if you don’t feel like throwing something sharp, try your hand at paint night. Otherwise simply come to network at the Annual BCRIMA/AON Dart Social at the Permanent on January 24th!

    A BIG thank you to the sponsors who have jumped on board with us!  There are a few sponsorship spots still available.
  • RIMS Celebrates House Approval of National Flood Insurance Program; Awaits Senate's Next Move

    RIMS, the risk management society ™, applauds the U.S. House of Representatives’ decision to reauthorize the National Flood Insurance Program (NFIP) yesterday and urges the Senate to quickly follow before the program’s December 8th expiration. 

     To support a swift decision by the Senate, RIMS has launched a NFIP grassroots advocacy initiative. The effort comprises a varied communications strategy while providing RIMS members with resources to effectively engage and educate their local elected-officials.

     “RIMS is thrilled that the House has taken the initiative to examine, understand and reauthorize the National Flood Insurance Program,” said RIMS Vice President Robert Cartwright, Jr. “It is now the Senate’s turn. The NFIP’s expiration would have significant repercussions, impacting both corporate and residential property owners. The Society’s grassroots effort provides yet another vehicle for our members to get involved in the legislative process and emphasizes the criticality of this program’s existence.”

     The NFIP has been a longtime priority of RIMS and was the focus of the Society’s 2017 Legislative Summit held in October in Washington, DC. At the Summit, RIMS members participated in more than 50 meetings with House and Senate offices to discuss the risk management community’s concerns regarding the NFIP.

     Additionally, RIMS’ Political Action Committee (RISK PAC) has been soliciting donations to allow the Society to continue to engage and support Members of Congress who have demonstrated their commitment to the reauthorization of the NFIP. For more information about RISK PAC or to donate, visit www.riskpac.org.
  • RIMS 2018 Annual Conference Registration Now Open For Members

    Thank you for being a member of RIMS! Take advantage of your member perk of priority registration, and get first dibs on these amenities:

    First Choice of Hotels - Access the best selection in our housing block
    Priority Seating at Special Events - Upfront seating for keynotes
    Up to $450 on Registration Savings - Early Bird rates expire February 16

    Reserved, up-front seating for members at the Opening General Session, Awards Luncheon and Conference Finale. Did we mention Jay Leno will be our Closing Entertainer?

    RIMS HQ! Our newly expanded booth includes Thought Leader Theater sessions, Professional Development Lounge, Publications Corner, Wellness ZENter, Advocacy Lounge, Member Lounge and Smart Bar in one convenient location.

    The Innovation Hub. Attend exciting 20-minute presentations on emerging risks, claims and cyber risks right outside the Marketplace. Sponsored by Willis Towers Watson.
  • Next Chapter Meeting and Holiday Dinner December 5th

    ​​Please join us for our Annual Chapter Meeting and Holiday Dinner December 5th at Giovanni's in Darien.  Registration begins at 4:30pm. The topic will be Employing Enterprise Risk Management.  We will also have our election for the 2018 officers.  You can also sign up online. Go to Meetings / Online Payment. See the attached flyer for additional information​​​​​​
  • Toronto Transit Commission Win RIMS 2017 Enterprise Risk Management Award of Distinction

    Integrated throughout the governance structure of the organization, the Toronto Transit Commission’s (TTC) enterprise risk management program has contributed to streamlined processes, greater collaboration, improved safety and enhanced financial decision-making. In recognition of the tremendous results achieved through TTC’s ERM program, RIMS, the risk management society™, presented its 2017 Enterprise Risk Management Award of Distinction to the TTC at the Society’s ERM Conference in Los Angeles. 

     

    In 2013, the TTC embarked on an ERM Program to assist in advancing TTC’s Five-Year Corporate Plan. Since its inception, the ERM program has succeeded in creating significant value, including prioritizing processes for over $2.6 billion in capital projects. The ERM program is credited for synchronizing risk management efforts with those of Internal Audit, as well as for the development of a Board-approved Risk Appetite Statement that aligns with its strategic goals.

     

    “The TTC is honoured to receive the RIMS ERM Award of Distinction.,” said TTC CEO Andy Byford. “The TTC’s ERM program provides support and oversight for risks that could impact the achievement of our strategic objectives. By facilitating meaningful discussion around risk, our management team is able to focus on our common goals and our vision to deliver a transit system that makes Toronto proud.”

     

    Honorable mentions for this year’s ERM Award of Distinction went to Argo Group International Holdings, Inc. and the Edmonton Police Service. Argo Group’s ERM program was credited by the company’s leadership for its propensity to create value, as well as for its contributions to achieving an ‘A’ credit rating from Standard & Poor’s. The Edmonton Police Service’s ERM program aligns directly with organizational goals, allowing it to provide the community with innovative, professional policing services.

     

    “Successful organizations take smart, well-informed risks and rely on the collective expertise of their employees to make those important decisions,” said RIMS CEO Mary Roth. “Effective ERM programs promote collaboration and have proven to be a key element to unlocking untapped potential for the organization. Our award winners continue to demonstrate the value of ERM and its ability to achieving organizational objectives.”   

     

    Judging criteria for the ERM Award of Distinction includes the scope of the ERM program and how it engages different levels throughout the organization; the program’s link or connection to the company’s overall mission; and its ability to create additional value for the organization.
  • 2017 Enterprise Risk Management Benchmark Survey

    The fact that more than half of the respondents reported that their enterprise risk management programs are informing and influencing strategy is a testament to the discipline’s value, according to RIMS 2017 Enterprise Risk Management Benchmark Survey.

     

    The recently published RIMS 2017 Enterprise Risk Management Survey explores the evolution of ERM, drawing comparisons to the Society’s 2013 survey. The survey highlights the effectiveness and advantages of ERM programs, as well as leadership’s expectations of ERM, implementation strategies and challenges.

     

    Key findings from the survey include:

    ·       73% of respondents report either having fully or partially integrated ERM programs;

    ·       87% agreed that executive management expects the ERM program to identify, prioritize, manage and monitor major risks;

    ·       61% say that ERM is being used to inform and influence strategy;

    ·       62% say that the risk management department is responsible for ERM activities.

     

    “We have seen great progress in the effectiveness of ERM but there is still a large percentage of organizations that have yet to take advantage of the potential value of a fully-integrated ERM approach,” said RIMS Vice President of Strategic Initiatives Carol Fox. “As more information becomes available, the onus is on the risk professional to communicate the benefits of ERM to gain critical buy-in and resources from leadership.”

     

    Responses to the survey were collected via internet link from March 6, 2017 to May 6, 2017. There were 397 respondents from more than 14 different industries. The RIMS 2017 Enterprise Risk Management Survey is now available to members-only in RIMS Risk Knowledge library at www.RIMS.org/riskknowledge. It will become available to the broader risk management community in 60-days.
  • President's Corner: Can You Hear Us?

    During my 20 years as a RIMS member, I’ve witnessed the wonderful power of this Society to provide countless risk professionals with the resources to add more value as leaders within their organizations. RIMS is proud to support risk management professionals and to continue to deliver an array of initiatives to ensure our voices are heard.

    Just back from Washington, DC, the RIMS Legislative Summit was once again a success. RIMS members from across the US met in the capital for a series of panel discussions and meetings with congressional leaders. Advocacy remains a priority for the Society, and it was important to share this community’s concern for the looming expiration of the National Flood Insurance Program. The conversations were well-received and we anticipate great results.

    RIMS Chapters continue to produce outstanding programming and opportunities for local members and we want to ensure those success stories are heard, too. This year, RIMS launched the ECHO (Enhancing Chapter Outcome) awards program. ECHO allows our chapters to showcase their great work, while providing a roadmap for building a strong chapter. We are currently accepting submissions for this new program which will be awarded in San Antonio at RIMS 2018.

    The recognition doesn’t stop there. The profession is filled with remarkable practitioners and we have proudly opened the nomination process for all of our awards.

    To provide you with current and relevant data, the RIMS Benchmark Survey and RIMS Compensation Survey are quantitative tools that help risk professionals to demonstrate value, as well as highlight new opportunities for organizational and professional success.

    RIMS Benchmark Survey provides benchmarking statistics for the Total Cost of Risk across a selection of industries and lines of coverage. The Survey is currently calling on practitioners to contribute their data. All data is shared anonymously and in aggregated form. As always, survey participants are rewarded with a discounted or complimentary copy once it is complete.

    The Society is putting the finishing touches on the 2017 RIMS Compensation Survey and will have that ready for the public in November. Stay tuned to see what career opportunities might be in store for you next.

    ERM continues to be an integral practice for risk professionals and their organizations. We’re looking forward to welcoming more than 350 practitioners from around the world to RIMS ERM Conference 2017 in Los Angeles on November 6th and 7th. Now in its seventh year, the conference continues to offer an outstanding educational program for practitioners at every level of the ERM process.  There is still time to register. For a look at the full agenda, click here.

    You might think it is too early to start talking about RIMS 2018 Annual Conference & Exhibition in San Antonio, but members will have the opportunity to register starting November 14th and non-members on November 28. 

    In other exciting news about the Annual Conference, the case champion for the 2018 Spencer-RIMS Risk Management Challenge has been selected. I want to thank SAGE Companies, a UK-headquartered market and technology leader for integrated accounting, payroll and payment systems, and their risk manager Andrew Bent for volunteering their time to support the next generation of risk professionals. We know that SAGE will provide our student teams with an excellent opportunity to demonstrate their knowledge and talents with innovative risk management approaches.

    Mark your calendars for April 15 – 18 in San Antonio. Our Annual Conference never disappoints, and we hope you’ll join us there.

    Whether it is through online learning opportunities, new reports and surveys, events or awards program, RIMS strives to advance the risk management profession, giving our members the resources to be heard and achieve their goals. Thank you for being a part of RIMS.

    Sincerely,


    Nowell R. Seaman
    RIMS President

  • 2018 Conference Registration Opens for Members November 14

    RIMS is happy to announce that registration for the 2018 Annual Conference and Exhibition will open exclusively for members on November 14. RIMS members are being given the first opportunity to register for the annual conference until November 28, when registration will open to the general public.

    All RIMS members will receive an email on November 14 providing a link to the annual conference website and inviting members to register to attend.
  • November 9th Luncheon

    Join us for a great review of Executive Liability risks.  

    Speaker: Adrian Atilano leads the HUB CA Executive Liability Practice.  He is well-versed in the complex issues facing public, private and non-profit organizations in the realm of Executive Risk, strategically advising clients on a broad spectrum of management liability coverages, including directors and officers liability, employment practices liability, data security, and errors & omissions programs. Adrian understands the stakes are higher now more than ever for his clients. He and his team take a forward-looking view of each client’s unique risk profile ensuring that not only the right coverages are put in place, but that corporate governance issues are also incorporated.
  • Website Updates


    > Job Bank 10/31
    > Meetings/Events: 2018 events updated 10/30
    > Education-Professional Development 9/26
  • An Evolving Model for Board Risk Governance: Revisited

    Boards are receiving more risk management data today than ever before, but there is still significant room for improvement when it comes to providing information that improves strategic decision-making, according to RIMS new Executive Report titled, “An Evolving Model for Board Risk Governance: Revisited.”

     

    Five years since the original RIMS Executive Report, this revised version looks at the 30 companies that comprise the Dow Jones Industrial Average. It examines trends in risk governance, how those organizations are now advising their investors about the board’s involvement in risk oversight and key actions to enhance enterprise-wide risk management governance.

     

    “As regulatory changes thrust risk management into the corporate mainstream and made boards squarely responsible for risk management oversight, organizations responded by modifying board and management governance models” said RIMS Vice President of Strategic Initiatives Carol Fox. “This report highlights those adjustments and calls for refreshing our views on board governance for risk management.”

     

    An Evolving Model for Board Risk Governance: Revisited report is available to RIMS Members only for the first 60-days. After the introductory period, it will become available to the broader risk management community. To download the report, visit RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge. For more information about the Society and to learn about other RIMS educational opportunities, conferences and resources, visit www.RIMS.org.
  • Holiday Luncheon!

    Date: Tuesday November 28, 2017
    Presentation topic: The evolution of ERM to SRM
    (RIBO accreditation has been requested)

    Guest speaker: Nowell Seaman FCIP, CRM, RIMS-CRMP

    Location:  Al's Steakhouse, 327 Elgin Street

    We are collecting goods for the Ottawa Mission including new items such as toiletries (ie. tooth brushes, razors, shaving cream etc.) under wear and gently used clothing, as well as cash donations will all be accepted
    Gift card raffle in support of the Ottawa Mission
  • October 2017 Strategic Resilience presentation

    Link to the Strategic Resilience presentation given to the Oregon RIMS Chapter on October 19th, by Amy Daley and Alan Maner of FM Global.
  • Job Opportunity-Walbec Group

    Walbec Group is looking for a Risk & Insurance Assistant
    Contact Nora Vrakas nvrakas@crmanagement.com to apply.
  • BCRIMA Upcoming Sessions (NEW Date Releases)


    Want to earn credits while learning about new and emerging Risk Management topics? BCRIMA is here to help!



    Topic and Date Releases in Brief:

    October 11th, 2017 - Measuring the Value of a Risk Manager

    November 15th, 2017 -
    Earthquake and Flood Modeling

    January 17th, 2018 - 
    Ransomware, Ethical Hacking and Social Engineering

    February 21st, 2018 - 
    Disaster Recovery/Crisis Management

    March 7th, 2018 (Half Day Session) - 
    Construction Topics (Surety E-Bonding, Contracts, Builder’s Risk
    & Wrap Up Policies)

    April 18th, 2018 (Session with The Society of Fellows) -
    The Legalization of Marijuana

    May 16th, 2018 -
    Psychological Injury and Monetary Court Awards


    Stay Tuned! More Details to Follow!
  • Terrorism Insurance: Understanding the Boundaries of Coverage for a Risk Without Borders

    Terrorism risk insurance, whether through traditional or stand-alone policies, is an increasingly important element of domestic corporate insurance programs, according to a new RIMS Professional Report titled, Terrorism Insurance: Understanding the Boundaries of Coverage for a Risk Without Borders.

     

    Authored for RIMS by Micah Skidmore of Haynes and Boone, LLP, the report provides corporate risk managers, insurance brokers and coverage counsel with guidance on determining if terrorism risk insurance coverage is necessary and identifying terrorism risk solutions that exist in the market. The report also offers insight on negotiating for terrorism coverage.

     

    “While concern over terrorism risk is palpable, information and understanding of terrorism risk insurance is not as well known,” said Mr. Skidmore. “With terrorism risk being an unfortunate reality, corporate risk managers and counsel can take proactive measures to contain a risk that otherwise knows no bounds.”

     

    Terrorism Insurance: Understanding the Boundaries of Coverage for a Risk Without Borders report is available to RIMS Members only for the first 60-days. After the introductory period, it will become available to the broader risk management community. To download the report, visit RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge. For more information about the Society and to learn about other RIMS educational opportunities, conferences and resources, visit www.RIMS.org.
  • Applications available for 2018 Spencer Summer Internship Grants

    Spencer Educational Foundation has opened the application process for its 2018 Summer Internship Grant Program. Through our this program risk managers can apply for a $5,000 grant to hire a summer intern in their department. This program provides risk managers with extra assistance while giving students a real world setting where they can apply what they know, respond to new experiences, and begin to develop contacts in the industry. The deadline to apply is January 9, 2018. 

     If you have questions, please contact Angela Sabatino (asabatino@spencered.org)
  • Joint Security Seminar on October 25th at the Falls Event Center at Trolley Square.

    Come join your fellow security professionals at the NCMS Intermountain chapter and ASIS International Salt Lake Chapter 2017 Joint Security Seminar on October 25th at the Falls Event Center at Trolley Square.

    There will be dynamic speakers presenting current topics helping professionals enhance their current knowledge specific to their jobs. Keep checking the website for confirmed speakers. Attendees will be able to get CEU’s (Continuing Education Units).

    Link
  • October Luncheon

    We hope to see you at the next Utah Chapter RIMS luncheon,Thursday, October 19th, at Little America beginning at 11:30 a.m. The presenters include LaMond Woods of Sentry West Insurance, and a Personal Lines underwriter and adjuster.  The topic, Floods, Hurricanes and Earthquakes: What Risk Managers Need to Know About Their Personal Insurance.

    The discussion on personal risks of loss will cover the following: 

    1)    Performing a detailed risk assessment of your insurance needs

    Avoid relying on cost of policy alone to decide coverages
    Avoid underinsuring your home as market values change – understand insuring to value coinsurance risks
    Assessing needs for specific insurance for known geographic risks, like earthquake and flood
    Assessing liability coverage limits (auto and general) to avoid putting personal assets at risk in the instance of an at-fault event (e.g. hitting a pedestrian in the dark)
    Home based business activities or services - coverage questions
    Volunteer activities, serving on a board of directors
    2)     Understanding available insurance productsChoosing the right deductible and setting aside money for an emergency
    3)     Assessing needs for life insurance
    4)     Completing an inventory of your home and contents
    5)     Overall strategy
  • A Common Language: Aligning Third-Party Contracts with Insurance Policies

    Uncertainty about an insurance policy’s language, its limitations and exclusions can unintentionally lead organizations to enter into contractual agreements that may fail to transfer risk to a third-party, according to RIMS new Professional Report titled, “A Common Language: Aligning Third-Party Contracts with Insurance Policies.”

     

    Authored for RIMS by Brenda Tappan of United Educators, the report defines key insurance terms that should be understood by contract reviewers, as well as common contract clauses that impact the validity of both the contract and insurance policies. Among the topics reviewed in the report are indemnification clauses, waivers of subrogation, excess and umbrella coverage and others.

     

    “At any given time, an organization could have hundreds of contracts with external stakeholders,” said Ms. Tappan. “With in-depth knowledge of coverages held by the organization, risk professionals can play an integral role in ensuring terminology is understood and that discrepancies between third-party contracts and insurance policies are identified.”

     

    A Common Language: Aligning Third-Party Contracts with Insurance Policies report is available to RIMS Members only for the first 60-days. After the introductory period, it will become available to the broader risk management community. To download the report, visit RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge. For more information about the Society and to learn about other RIMS educational opportunities, conferences and resources, visit www.RIMS.org.
  • Website Updates


    > Job Bank 9/26
    > Education-Professional Development 9/26
    > Meetings/Events: 2018 event dates added

    WE'RE NOW ON LinkedIn! Join the conversation!
  • RIMS ONTARIO CHAPTER PRESENTS TONY LACKEY WITH THE 2017 DONALD M. STUART AWARD

    At the 2017 RIMS Canada Conference, RIMS Ontario Chapter presented the Donald M. Stuart Award to Tony Lackey, Director, Risk and Insurance Services for Carleton University in Ottawa. Widely recognized as Canada’s highest honour within the risk management field, the Donald M. Stuart Award has been bestowed annually since 1979 by the RIMS Ontario Chapter (ORIMS) to celebrate Canadians who have made outstanding contributions in the risk management profession.   

    “Risk professionals continue to be seen as vital contributors to achieving strategic goals and the key to unlocking great potential for the organization,” said Tina Gardiner, President of RIMS Ontario Chapter. “Individuals like Tony Lackey demonstrate the undeniable value we can deliver. Not only is he an exceptional risk manager, he is selfless and passionate about advancing this profession. It is an honour to present him with the Donald M. Stuart Award.”

    Upon joining Carleton University in 2001, Mr. Lackey assumed responsibility for the University’s risk management program that included the development and implementation of its Annual Enterprise Risk Assessment, the management of operational risks, as well as its risk financing and business continuity programs. Additionally, he serves as co-chairman of the University’s Joint Occupational Health and Safety Committee.

    One of the first universities in Canada to implement Enterprise Risk Management practices, Mr. Lackey and his team have been involved in its continuous implementation and improvement. He also developed the University’s Operational Risk Management Manual, an essential tool that enables the University to successfully complete over $240 million in new construction projects, effectively manage reputation risks, while protecting the well-being and safety of more than 26,000 full- and part-time students and 3,000 staff members who partake in academic endeavors around the globe.

    “I am truly overwhelmed by being the Donald M. Stuart Award winner this year,” said Mr. Lackey. “Over my career, I have seen risk management evolve, and am very honoured that my efforts in promoting risk management through education and my participation with RIMS has been recognized with such a prestigious award from my peers.”


    Mr. Lackey became a member of RIMS in 2001 and immediately volunteered on the Board of Directors of the Canadian Capital Chapter. He has held various Board positions with the chapter including serving as its president from 2003 to 2007. Mr. Lackey maintains a position on the Chapter Board and is credited for forging its strong relationship with Carleton University’s Sprott School of Business to promote and administer CRM programming. Mr. Lackey also served as co-chairman of RIMS Canada Conference Program Committee in 2011.

     

    Mr. Lackey has been a strong supporter of and proponent for insurance and risk management education. After obtaining his Associate of the Insurance Institute of Canada (AIIC now CIP), he became an instructor, teaching the CRM course at the Sprott School of Business. He has been a guest lecturer of risk management topics at key industry events including RIMS Canada Conference, Ontario Higher Education Risk Management Symposium, Chartered Professional Accountants of Ontario, Bank of Canada and others.

    Fred H. Bossons Award

    Also presented at the conference was the Fred H. Bossons Award, which each year honours the risk management professional who earns the highest average mark on the three examinations required to attain the Canadian Risk Management (CRM) designation. This year’s winner is Deborah Moor, Vice President, HIIG Underwriters Agency (Canada) Ltd.  

    The CRM designation is a widely recognized qualification that provides risk professionals a foundation of knowledge and skills needed to identify, assess, monitor and limit risks. Recognized by RIMS and awarded by the Global Risk Management Institute (GRMI), the designation demonstrates a level of professional commitment and proficiency.
  • RIMS Luncheon Seminar - CYBER RISK

    Date:  October 18, 2017
    (Approved for RIBO Hours)
    Speakers:  Michael Petersen, Managing Director -  Marsh Ottawa and Tim Lott, Director Information Security and CIO - Carleton University
    Topic:  Cyber Risk
    - You’ve Just Experienced a Data Breach…Now What?!?!
    - Typical Breach Timelines/Response Steps
    - Ransom – the tip of the iceberg – what are the expenses that many organizations are not aware of
    - How a cyber policy would respond
    - Phishing & social engineering/crime

    Time:  11:15 Registration, 11:45 Seating for Lunch, 
    12:30 - 1:45 Speaker

    Location:  Al's Steakhouse, 327 Elgin Street, OTTAWA, ON. 
    Members and CRM Students $30 in advance ($35 at the door)
    Non-Members $50 in advance ($55 at the door)
  • RIMS Professional Report: The Top 8 Legal Developments You Need to Know About in 2017

    Recognizing the impact legal developments can have on an organization’s insurance program, RIMS’ new Professional Report “The Top 8 Legal Developments You Need to Know About in 2017” explores key insurance-related decisions in the United States.

     The legal decisions highlighted in the report address pertinent risk management issues such as rights to coverage, notice, cyber claims, consent to settle, among others. The cases were chosen by the authors based on subject matter importance, legal pedigree and practical relevance.

     “Risk professionals and their organizations’ legal teams must forge strong, collaborative relationships to effectively manage claims and procure appropriate insurance coverage,” said RIMS Chief Executive Officer Mary Roth. “Being aware of recent legal developments can be a major advantage and contribute to the organization’s ability to remain focused on strategic goals.”

     The Top 8 Legal Developments You Need to Know About in 2017 report is available to RIMS Members only for the first 60-days. After the introductory period, it will become available to the broader risk management community. To download the report, visit RIMS Risk Knowledge library at www.RIMS.org/RiskKnowledge. For more information about the Society and to learn about other RIMS educational opportunities, conferences and resources, visit www.RIMS.org.

     The report expresses the views of the authors and not any, law firm, company or client. Further it does not provide legal advice, as such advice would require review of particular facts and law.
  • ATI Announcement

    ATI Welcomes Troy Mette as VP of Commercial Sales

    For additional info, see link below:
  • National Workers' Compensation & Disability Conference, Dec 6-8, 2017, Las Vegas

  • HOW DO I JOIN THE WISCONSIN CHAPTER OF RIMS?

    Interested in participating in the Wisconsin Chapter of RIMS? We'd love to see you!

    Please contact Trina Taft for more information at Trina.Taft@harley-davidson.com

    For National RIMS membership, please follow the link below.
  • September 13th Meeting Presentation

    ​Thank you to everyone who attended the September 13th meeting. We hope to see you at our next meeting on December 7th.  See below for the link to the presentation from the meeting.​
  • Strength in Community

    RIMS is filled with exceptional members from all parts of the world. In recent weeks, many of our peers have been called to respond to immense challenges caused by natural disasters. As a profession that takes pride in preparing our organizations for uncertainty, we hope that losses will be mitigated for those in afflicted regions.  Our thoughts are with you, and we wish you all strength and a speedy return to normal.

    The risk professional’s role during natural disasters – such as Hurricanes Harvey and Irma – is often critical. Many of us play a significant role in developing strategies to help ensure safety, health and business continuity.  Insurance has always been a fundamental piece of such plans but, in some regions, it isn’t enough.

    That’s why RIMS advocacy efforts have focused on the reauthorization of the National Flood Insurance Program (NFIP). Although the NFIP was given a temporary, 90-day extension, without a permanent solution, thousands of organizations will be susceptible to devastating financial losses resulting from floods. The Society has initiated a grassroots effort to remind congressional leaders of the importance of this legislation. Its permanent reauthorization will be a top priority at the RIMS Legislative Summit scheduled for October 18 – 19 in Washington, D.C.

    In August, a very successful RIMS Risk Forum Australasia once again highlighted the leadership of risk programs and practitioners in the region. With excellence and passion, presenters and attendees came together as a community to consider current and future trends and best practices in risk management. It was a privilege to be a part of it.

    RIMS’ continued its momentum in China. This month, we met with industry partners in Beijing to discuss risk management trends and needs, as well as how the Society’s resources can benefit the region’s practitioners. The trip culminated at one of the country’s largest universities – Peking University. There, the School of Economics Dean, Professor Sun Qixiang, and the department of Risk Management and Insurance welcomed us and announced the RIMS Corner in their library, which will provide students and faculty with access to RIMS publications. We look forward to continuing this relationship and we are excited about the future for risk management in China.

    RIMS chapters continue to offer valuable support to practitioners. In the coming months, our chapters will hold several regional conferences including the RIMS Canada Conference that will bring professionals from across Canada and other parts of the world to Toronto for a four-day event. In September we will also host the Southeastern RIMS Conference in Charleston and the RIMS Western Regional Conference in San Francisco. And then, in October, our Northeast Ohio Regional Conference will take place in Cleveland and we will host the Chicagoland Risk Forum. Regional conferences are a great opportunity for practitioners to connect with local colleagues. All of RIMS events can be found here.

    This week, we celebrated the future of risk management at the Spencer Educational Foundation’s Annual Gala Dinner in New York. Spencer, our affiliate that provides crucial funding to support risk management and insurance students, honored XL Catlin’s Joseph Tocco and JLT Specialty’s Michael Rice. It’s always exciting to hear from our aspiring scholars and, with our industry partners, take part in this very important fundraiser.

    Finally, I want to congratulate the Committee of Sponsoring Organizations of the Treadway Commission (COSO) for the recent updates to its Enterprise Risk Management (ERM) Framework: Integrating with Strategy and Performance. I would like to thank COSO for reaching out to RIMS for our input, and thank our members who drafted responses to influence one of the industry’s major guidance documents. As the business environment changes, so must our risk management frameworks. It’s an exciting time for risk management, and we’re thrilled to contribute to its evolution.

    In the upcoming weeks, you can expect to see some new Executive Reports from RIMS, as well as our Compensation Survey that is slated for publication later this Fall.  Thank you again for your commitment to this profession and your contributions to RIMS. 

    Sincerely,

    Nowell R. Seaman

    RIMS 2017 President

  • RIMS Welcomes Revision of COSO ERM Framework

    RIMS, the risk management society ™, announces its support for the recent revision of The Committee of Sponsoring Organization of the Treadway Commission (COSO) Enterprise Risk Management Framework: Enterprise Risk Management-Integrating with Strategy and Performance. The new publication serves as an update to its 2004 Enterprise Risk Management – Integrated Framework, recognizing the evolution of enterprise risk management over the past decade and the need for organizations to improve their approach to managing risk to meet the demands of an evolving business environment.

    “This revision highlights the importance and value of enterprise risk management when setting and carrying out an organization’s strategy,” said Carol Fox, RIMS Vice President of Strategic Initiatives and invited participant on COSO’s advisory council on this issue. “We appreciate COSO’s inclusiveness in seeking feedback from risk management professionals, and applaud our volunteer members who took advantage of this unique opportunity to influence one of risk management’s major guidance documents.”

     Developed by PwC under the direction of the COSO Board, the framework’s five-component structure considers various viewpoints and operating structures while stressing the importance of considering risk in decision-making, in the strategy-setting process and in driving performance. The revision presents ways to view risk to set and achieve objectives in the context of greater business complexity.

     Enterprise Risk Management: Integrating with Strategy and Performance is available in printed form, e-book, on-line subscription and pdf licensing for large organizations, accounting and consulting firms. Additionally, COSO is planning for the framework to be translated into several languages, including Chinese, Japanese, Spanish and French.

    Visit www.coso.org for purchase information and for a link to the framework’s executive summary.
  • 2017 Oregon RIMS Golf Tournament Winner

    1st place – Britain Brady, Nick Troxell, Brian Vetrone, Robert Doerfler
    2nd place – Steve Lewis, Ed Laskaris, John Latshaw
    3rd place – David Rix, Jeff Hellman, Trevor Arnold, Steve Boe
    Men’s KP – Dylan Lauzon
    Women’s KP – Joanne Hall
    Men’s Long Drive – Tyson Campbell
    Women’s Long Drive – Gil Fenner
  • BCRIMA Upcoming Session (Date Release: May 16th, 2018)


    SESSION TOPIC:  Damages for Catastrophic and Psychiatric Injuries 

    Dianna S. Hwang and Jeremy M. Poole of Alexander Holburn  LLP will present on issues relating to the assessment and proof of the various heads of damages in catastrophic injury cases along with a discussion of claims for psychological trauma in light of the recent guidance from the Supreme Court of Canada on this issue in Saadati v. Moorhead.

    This approach will be interactive - with questions of interest posed to the audience followed by real time results and discussion.

    SPEAKERS:

    Jeremy Poole
    Is the group leader of the Local Government Practice and a member of the Insurance and Health Practices. He has represented local governments on numerous legal issues for over 20 years. He provides advice and representation to municipal police. He also provides representation and advice to the insurance industry, defending a wide variety of claims relating to both property and personal injury matters.

    Dianna Hwang
    Is a member of the firm’s Health Law and Local Government Practice Groups. Her practice is primarily litigation based and largely involves representing public bodies, including municipalities and hospitals. She has trial experience in both the British Columbia Provincial and Supreme Courts and appellate experience in the Court of Appeal. Additionally, she has extensive experience defending complex personal injury and catastrophic injury claims, including spinal cord and brain injuries

    Stay tuned for all new press releases, BCRIMA session locations, pricing and monthly topics!

    Registration to open soon - 

    Follow us on Social Media:
    Twitter: @BCRIMA1
    Facebook: https://www.facebook.com/BCRIMA
    Linkedin: https://www.linkedin.com/groups/BC-Risk-Insurance-Management-Association-6730073/about
  • September Luncheon

    Michael Hampton and Dr. Handy are co-Directors in a new and innovative program called TRaCE – Utah.  This stands for Technical Regulatory and Compliance Experts.  In short, this program offers consulting and project support in the areas of Safety Management, Safety Engineering, Training, Occupational Health, Industrial Hygiene and Environmental compliance.  What makes this service unique, it offer services to the business and government community while supporting University of Utah graduate level students giving them solid and real world experience in these fields.   The program offers a solution for small to medium sized organizations that do not have full time regulatory or compliance professionals and provide specialized support to larger organizations as well.  They offer partnerships for long term relationships or project specific support as well.
  • Updates


    > Job Bank 9/1
    > Education-Professional Development 9/1
    > Meetings/Events: 2018 event dates added 8/21
    > Charity Auction updated

    WE'RE NOW ON LinkedIn! Join the conversation!
  • RIMS’ Thoughts with Hurricane Harvey Victims

    Severe weather events like Hurricane Harvey test our resolve and highlight the importance of preparation, and most importantly, the power of community.

     To our risk management colleagues in the affected region, to your families and to your friends, we wish you all health, safety and a speedy recovery. Our thoughts and prayers are with you all.

     Sincerely,

    Mary Roth
    RIMS Chief Executive Officer
  • Four Out of Five Risk Professionals Purchase Stand-Alone Cyber Insurance

    According to the 2017 RIMS Cyber Survey, risk professionals’ continued to show confidence in stand-alone cyber insurance policies as the number of  practitioners who purchased the coverage increased moderately in 2017.

     Key findings from the 2017 RIMS Cyber Survey include:

    ·         Organizations with a stand-alone cyber insurance policy increased three percent (to 83 percent) from 2016.

    ·         Of the organizations without a stand-alone cyber policy, 84 percent indicated that other insurance policies include cyber liability coverage.

    ·         Seventy-two percent of respondents transfer cyber exposures to a third-party (up four percent from 2016).

    ·         Business interruption – 80 percent – and cyber extortion – 72 percent – top the list of first-party cyber exposures.

    ·         Only 34 percent of respondents thought that the government should mandate cyber security standards.

     “At any given moment, cyber-predators can unleash a new hack to infiltrate an organization’s system, steal or lock critical data and cause significant business interruption damages,” said RIMS President Nowell Seaman. “RIMS Cyber Survey shows that risk professionals continue to invest in cyber insurance products and must work in tandem with their insurers and IT professionals to help develop innovative and adaptable solutions for the next generation of cyber threats.”

     Compared to the modest changes seen in the 2017 RIMS Cyber Survey, the 2016 survey showed more drastic changes in the management of cyber exposure than its preceding 2015 survey. Notably, there was a sharp 29 percent increase in the procurement of stand-alone cyber insurance than recorded in 2015 (51 percent in 2015, 80 percent in 2016). Also, there was a 10 percent increase in the number of organizations that transferred cyber exposure to a third-party from 2015 to 2016 (58 percent to 68 percent).

     This year’s RIMS Cyber Survey had 288 respondents with demographics regarding industry sector, organization revenue and number of employees holding close to 2016 results. The survey was distributed to RIMS membership via an internet link and was accepted between May 18 and June 25, 2017.

     For the first 60-days, the 2017 RIMS Cyber Survey is available to RIMS members only in the RIMS Risk Knowledge library. Following the introductory period it will be available to all risk professionals at www.RIMS.org/riskknowledge.
  • New Meeting Location

    Beginning with the October 17 meeting, we will use a new facility to host chapter meetings! Meetings will be held at the GROWMARK Learning Center at 14554 E. 925 North Road in Bloomington. This new location is close to I-55/I-74 and offers plenty of free parking. Please join us!
  • Updates


    > Education-Professional Development 8/21
    > Job Bank 8/15
    > Meetings/Events: 2018 event dates added 8/21
    > Charity Auction updated

    WE'RE NOW ON LinkedIn! Join the conversation!
  • RIMS Warns of the Consequences of the National Flood Insurance Program Expiration

    RIMS, the risk management society ™, delivered a message to its U.S. membership of risk management and insurance professionals, calling on them to support the Society’s push for the reauthorization of the National Flood Insurance Program (NFIP). According to the Society, the program’s expiration on September 30, 2017 would leave many businesses with significant lapses in flood coverage, difficulty in procuring affordable coverage and uncertain of current and future flood regulation within their jurisdictions.

     Currently, the House and Senate have combined to introduce a number of bills intended to reauthorize and improve the program. However, differences in the bills must be agreed upon before the deadline is reached. RIMS is seeking a long-term solution that includes provisions that continue to allow organizations to effectively manage flood risk.

     “For thousands of organizations, the reality that access to affordable flood insurance might disappear and that their businesses would instantly become susceptible to destruction caused by flooding is unacceptable,” said RIMS Vice President Robert Cartwright, Jr. “RIMS has launched a grassroots effort to ensure that the commercial insurance buyer’s voice is heard and that legislators are reminded of the consequences of the NFIP’s expiration and the need for expedient action.” 

     

    Starting Wednesday, August 23, RIMS’ Political Action Committee (RISK PAC) will begin soliciting donations to allow the Society to continue to engage and support Members of Congress who have demonstrated their commitment to the reauthorization of the NFIP. For more information about RISK PAC or to donate, visit www.riskpac.org.
  • Updates


    > Education-Professional Development 8/15
    > Job Bank 8/15
    > Charity Auction updated

    WE'RE NOW ON LinkedIn!  Join the conversation!
  • RIMS Canada Council Embraces Nation's Diverse Risk Management Community at 43rd Annual Conference

    Canada’s thriving risk management community will convene at the 43rd annual RIMS Canada Conference scheduled for September 24 – 27 at the Metro Toronto Convention Centre. “Community,” this year’s conference theme, illustrates the importance of collaboration and its undeniable impact on risk professionals’ ability to achieve and exceed expectations.

     For the first time, RIMS Canada Conference will host the “Pride in Our Community” inclusion event sponsored by Marsh’s Pride Colleague Resources Group. The networking reception is aimed at bringing the risk management community together, fostering understanding and full inclusion of all people and cultures. The event is on Tuesday, September 26 at 9 p.m. at the Canyon Creek Chophouse. Registration is required.

     The four-day conference attracts more than 1,000 risk and insurance professionals at all experience levels, business executives with risk management interests, brokers, insurers and service providers for the ultimate educational and networking experience. Conference educational offerings will feature more than 25 concurrent sessions on topics ranging from enterprise risk management and cyber risks, to property, business continuity and social media risks.

     “Much like Canada’s risk management community, our host city Toronto is an amazing place built on the wonderfully diverse, intertwined and symbiotic cultures and relationships of its constituents,” said April Savchuk, conference co-chair, and the director of insurance and risk management for Yamana Gold. “Our conference theme ‘Community’ not only embodies the collaborative spirit of the surrounding city but it reflects the sharing culture that has allowed this profession to grow and prosper.”

    “Year-after-year, RIMS Canada Conference delivers a powerful agenda that is dependent on our exceptionally talented and informed network of volunteers and industry partners,” said Karin McDonald, conference co-chair and the director of risk and insurance at Hydro One Networks, Inc. “Together, we have, once again, created an exciting program that offers highly relevant content for practitioners of all experience levels, industries and backgrounds.”

     For more information about the conference agenda or to register for RIMS Canada Conference and the inclusion networking event, visit www.rimscanadaconference.ca. Follow the event by using #RIMSCanada2017.
  • RIMS President's Corner: The Driving Force

    One of the great rewards of volunteering with RIMS leadership is having the opportunity to contribute to planning and goals that help shape the future of our Society. Made up of risk professionals like yourself, I can attest that your RIMS Board of Directors is a passionate group, dedicated to making RIMS as great as it can be.  

    Two weeks ago, the Board met in New York for its annual planning meetings. In the course of lively discussions, we reviewed upcoming initiatives and the Society’s plans and objectives for moving forward. A key aspect was around RIMS’ global initiatives, and their importance for enhancing our ability to develop new and relevant content for members. We continue to see great value in initiatives to support and connect the world’s risk management community.

    Conferences and events were also a hot topic, and we are very pleased with the interest and support that our specialized and international events continue to receive throughout the year.

    On August 29-30, 2017, RIMS will host the fifth annual RIMS Australasia Forum in Sydney, Australia. The Forum brings together the Australasia region’s thriving risk management community with outstanding educational sessions to advance the profession. We are excited to welcome celebrity speakers including Michael Pascoe, one of Australia's most experienced finance and economics commentators, and Michael O’Loughlin, an Australian Football League hall of famer and one of the most celebrated players of all time. I’m looking forward to meeting with our Australasia Chapter and delivering welcome remarks to kick-off the Forum.  

    It seems like it is a long way off, but the RIMS ERM Conference scheduled for November 6-7 in Los Angeles will be here before you know it. Already, we’ve seen a great response to our registration kick-off, and we are delighted to welcome Professor Colin Coulson-Thomas as our keynote speaker. Just a quick reminder; submissions for RIMS ERM Award of Distinction – presented at the event – are still being accepted through August 15.

    Our in-person learning opportunities do not end with events. RIMS offers a full calendar of workshops, held in cities across North America. New to the lineup is our Pre-Loss Scenario Analysis course scheduled for October 19 in New York City. RIMS’ in-person workshops, as well as our wide selection of webcasts, offer you the opportunity to learn and interact with risk management leaders in a more intimate setting.

    RIMS’ strategy also includes advocacy efforts focused on potential and existing legislation that impacts our work. In July, we saw the U.S. Department of Treasury and the Office of U.S. Trade Representatives agree to sign the EU-US Covered Agreement – an issue that RIMS officially supported back in April. In addition, RIMS advocacy efforts will be focused on the reauthorization of the National Flood Insurance Program. If this program is not reauthorized by September 30th it will cease to exist.

    Finally, this month, RIMS added new membership categories, making the path for membership more accessible. The Society now offers new membership categories for international professionals, rising risk professionals, another for risk professionals in regions where chapters are not available or for those who unable to join with an organization. 

    RIMS’ Board of Directors and staff are excited to bring the Society’s strategic vision to life and offer the world’s risk management community an even greater variety of risk management resources and professional opportunities. Your contributions continue to be the driving force behind these initiatives and we truly appreciate your support. Thank you!

    Sincerely,

    Nowell R. Seaman

    RIMS 2017 President
  • There's a new, more personal way to join RIMS!

    Risk Professionals can now join as individual members.
    As a RIMS member, you can:
    ➤ Expand your professional network
    ➤ Enhance your technical skills
    ➤ Be a thought leader
    ➤ Improve the bottom line
    ➤ Give back
    Don’t miss this opportunity to join the largest global risk management community.
  • Updates


    > Education-Professional Development 8/3
    > Job Bank
     
    WE'RE NOW ON LinkedIn! Find us and join the conversation!
  • NEW MEMBERSHIP STRUCTURE

    ​Stay tuned.  Exciting changes coming up.....​
  • August 2017 Networking Reception

    Come join us at our annual networking and chapter kick-off reception, where you will have a chance to network with other attendees and learn about our upcoming year of chapter programming. We are combining this event with our annual golf tournament and are inviting those non-golfers to join the dinner and raffle at the beautiful Reserve Vineyards & Golf Club! 

    To RSVP and for more information see the attached document:  August 2017 RIMS Networking & Chapter Kick-Off Reception
  • RIMS 2018 Session Submission Deadline Extended

    The RIMS 2018 session submission deadline has been extended to July 28. Don’t miss this FINAL chance to speak in San Antonio next year on April 15-18.
  • Enterprise Risk Management

    RIMS will be presenting the ERM Award of Distinction at the ERM Conference in Los Angeles this November.  ERM practitioners are encouraged to apply for the award.
  • Mounting Cyber Concerns Prompts RIMS to Unveil New Cyber Risk Forum

    Technology and Security Futurist Peter Singer to Keynote Inaugural Event

     ***RIMS CYBER RISK FORUM – LAS VEGAS – SEPTEMBER 7 – 8***

    With cyber concerns topping most organizations’ risk management priority list, RIMS, the risk management society™, has announced its first-ever Cyber Risk Forum. Scheduled for September 7 – 8 at the Four Seasons Hotel in Las Vegas, the inaugural event will feature a powerful lineup of industry experts from respected organizations who will cover trending risk management and cyber concerns.

     Topics at RIMS Cyber Risk Forum 2017 will include:

    ·         Collaboration between CISOs and Risk Management

    ·         Risk Management’s Cyber Responsibilities

    ·         Emerging Cyber Risks

    ·         Cyber Risk Mitigation Strategies; as well as

    ·         Cyber Insurance

     “To remain competitive, organizations must embrace new technologies and face cyber uncertainties head-on,” said RIMS CEO Mary Roth. “While business leaders are aware of the importance of cybersecurity, the challenge is in keeping pace with the evolution of new threats. RIMS Cyber Risk Forum will bring together leading minds in the cybersecurity space to provide risk professionals with the knowledge to successfully guide their organizations through this changing environment.”

     Peter Singer, the keynote speaker at this year’s RIMS Cyber Risk Forum, is a best-selling author described by the Wall Street Journal as "one of Washington's pre-eminent futurists." A consultant for groups that range from the CIA and the Chairman of the Joint Chiefs to Hollywood and the Call of Duty video game series, Singer will explore the key trends emerging today that will shape the world of technology and security tomorrow.​

     Leading up to RIMS Cyber Risk Forum 2017, the Society has released two new Professional Reports that address cyber risk management best practices. “Cyber Insurance – Considerations for Businesses” and “Cyber Protection: What to Do Before and After a Cyber Incident” reports are available in RIMS Risk Knowledge library at www.RIMS.org/Riskknowledge.

     For more information or to register for RIMS Cyber Risk Forum 2017, visit https://www.rims.org/RiskForum/Cyber17/ . Follow the event using #RIMSCyberRisk2017.
  • 4th Annual BCRIMA & BCSOF Golf Event

    REGISTER NOW - Get your game on !!
    email - jbrown@surrey.ca

    1pm Shotgun start - Texas Scramble Format
     @ Riverway Golf Course
    9001 Bill Fox Way, Burnaby
    Wednesday, August 9th, 2017

    Morning Education Sessions - hosted by BC Risk Engineers Association (8:00am to 11:30am - CE Credits provided)
    *  Fire Protection for Large Scale Mobile Equipment - Kidde Fire Systems & Wards Hydraulic Services
    *  Advancements in Access & Building Controls - Tyco Integrated Fire & Security
    *  Firestop Systems - Hilti Corporation Canada

    Golf & Dinner (member) $160 (non) $175
    Golf Only (member) $90 (non) $100
    Dinner Only (member) $75 (non) $80
    Education Only (member) $30 (non) $40

    Refunds will be given for cancellations made before July 26, 2017 only - Substitutions are acceptable

    Power Carts are included in the round * Appropriate dress is required *  Take advantage of Marsh's Pro at the Driving Range prior to the round

    Register via email to jbrown@surrey.ca or online at https://bookwhen.com/bcsof

    We look forward to seeing you on the course!!
  • August Brown Bag event

    Utah chapter is covering admission and lunch for members, $35 for non-members to attend.

    Directions: https://nhmu.utah.edu/visit/directions

    Directions to the museum are included in this web link. The parking lot can accommodate 150 vehicles, so they do not anticipate any issues accommodating our group.

    Date: August 10, 2017 – Thursday

    Place: Natural History Museum of Utah 301 Wakara Way, SLC

    Schedule:
    11:30 – Meet promptly for lunch on shaded terrace
    12:15 – Guided behind-the-scenes tour
    12:45 – Explore on your own
  • UPDATES


    WE'RE NOW ON LinkedIn!  Find us and join the conversation!

    > Job Bank 6/23
    > Education-Professional Development 6/26
    > Florida RIMS Conference information
  • Website Updates

    > Job Bank 6/23
    > Education-Professional Development 6/26
    > Meetings/Events
    > Florida RIMS Conference information