Mission and Description

ImageAs the preeminent organization dedicated to advancing the practice of risk management, RIMS, the risk management society™, is a global not-for-profit organization representing more than 3,500 industrial, service, nonprofit, charitable and government entities throughout the world. Founded in 1950, RIMS brings networking, professional development and education opportunities to its membership of more than 11,000 risk management professionals who are located in more than 60 countries. For more information on RIMS, visit www.RIMS.org.

Vision

RIMS will be the global leader in all aspects of risk management.

Mission

To advance risk management for your organization's success. 

Goals

  • To increase the size and scope of the Society's membership base of risk practitioners.
  • To strengthen the Society's chapter structure.
  • To develop and deliver risk management thought leadership, tools and resources.
  • To increase the Society's influence, advocacy and global profile.
  • To maintain an engaged staff and volunteer leadership, and progressive technologies and operations.

Governance

RIMS Board of Directors is responsible for reviewing and approving the organization’s mission and strategic direction (above).

In order to ensure that all conflicts of interest, or the appearance thereof, within the organization and the Board are avoided or appropriately managed through disclosure, recusal, or other means, the Board implemented a conflict of interest policy.

The Board also recently adopted a reserve policy to ensure that the organization manages its funds responsibly.

Membership

RIMS membership facilitates contact with thousands of risk practitioners and executives in related functions such as CFOs, I.T., legal, finance, audit, HR, etc. Also, a broad array of professionals in the risk management and insurance industry, as well as academics, regulators, elected officials, industry specialists and technicians around the world. As the cornerstone of the Society, many of these 11,000 RIMS members participate in their local chapter meetings. Boasting more than 82 chapters with regular meetings, professionals exchange ideas and engage in educational, social and civic activities as well as networking with other local companies and industry counterparts. Some chapters also team-up to sponsor regional conferences, which further extend networking and educational opportunities. For a full list of chapters, visit RIMS Chapter Directory.

Beyond the services chapters provide, with your RIMS membership you will align yourself to continue to learning about the ever-expanding industry, use our variety of resources and make key connections with your peers and fellow association members.

Learning

 

RIMS Annual Conference & Exhibition—The premier risk management learning experience is the largest gathering of risk management practitioners in the world. Annually, approximately ten thousand participants, including more than 400 exhibitors, tackle the key issues facing the industry. RIMS 2014 Annual Conference & Exhibition will be held April 27-30 in Denver.

Grow Your Skills with Professional Development Courses—RIMS conducts interactive workshops and seminars on critical aspects of risk management and insurance for risk professionals and other business executives charged with managing risk. These educational sessions are held throughout the U.S. and Canada. Onsite programs are also conducted upon request for staff training in a specific company. RIMS also conducts workshops that earn attendees credit towards the RIMS Fellow® designation, the leading designation for risk professionals to full-time risk management grants to others.

Resources

RIMS Publications—The Society publishes the monthly Risk Management magazine; an online Risk Management Buyer's Guide; the RIMS Benchmark Survey™ and a variety of books and course material in RIMStore including: Certificates of Insurance Manual, Selecting & Working With a Broker and Property/Casualty Insurance.

RIMS Website at www.RIMS.org includes innovative tools such as RiskWire—a customized risk management news service, RIMS Glossary, a Career Center—to post or search for relevant jobs in the industry and the Risk Professionals Directory as well as many other great resources.

RIMS Quality Program includes the newly developed Risk Management Professional Growth Model designed to guide and facilitate improvement by breaking down skills risk managers need at all stages of their career. Another offer of the program is the Quality Guidelines for Performance Expectations—the goal with this is to increase customer service standards when dealing with service providers. Risk managers and their industry partners can use these guidelines to improve communications, develop performance expectations agreements, and evaluate the performance under those agreements.

RIMS Enterprise Risk Management (ERM) Center of Excellence is a source for news, tools and peer-to-peer networking on all topics connected to enterprise risk management. Whether you are initiating an ERM program within your organization, in the implementation phase or streamlining processes you will gain access to information and touch base with risk management colleagues that will help you gain perspective on your ERM program. RIMS has also designed a tool to help you evaluate your risk management program and take it to the next level. RIMS Risk Maturity Model for Enterprise Risk Management© (RMM) is an online resource that provides guidelines and best practices for developing and maintaining effective risk programs by generating an assessment and personalized report that are specific to your needs.

Connections

RIMS monitors federal, state and provincial regulation and legislation affecting risk management and employee benefits. RIMS also maintains contacts with legislators and regulatory agencies to make sure the voice of the RIMS membership is heard. The Society actively led support for the Terrorism Risk Insurance Act (TRIA) and works tirelessly to secure meaningful tort reform legislation. RIMS also offers a Legislative Action Center (LAC), a database through which members can contact their members of congress..

Local Chapter MeetingsChapters are the building blocks of RIMS. They are the closest point of contact between RIMS Members and the Society. There are 82 RIMS Chapters that are led by unpaid volunteers who donate many hours to the risk managers and insurance professionals they serve. While challenging, being a chapter officer allows a member to extract the maximum benefit from the Society and make real contributions.

eGroups are a forum that connects members with your peers, via e-mail and an online discussion board format, where you are then able to ask questions, share knowledge and experiences in the field. Select and eGroup that is most appropriate for your purposes and reach thousands of professionals with the same interests in more than 40 business areas.