Today, we strongly believe that RIMS has leveraged the current global business climate to position the Society and its members at the forefront of the risk management industry. The past year was one of great strides on many fronts—legislative, regulatory, visibility of the profession, RIMS membership and more. In 2010 we were committed, as we continue to be, to enhancing member value by driving several important priorities. RIMS celebrated its 60th anniversary and with it we continued an aggressive growth strategy for RIMS as a society, for the profession and for our influence abroad.
With regard to the Society and its membership, RIMS gained 951 deputy members, 306 associate members and 268 new student members in 2010 and more than 70% of its chapters experienced positive growth. This was due in large part to expanded professional development opportunities; our recognition among students of risk management due to our fellowship and scholarship programs; and the lively and dynamic peer to peer exchange exclusive to RIMS membership. We have a wealth of talent among our members and the intellectual capital they have to offer one another is priceless.
RIMS made great strides for the profession of risk management in 2010 by helping to shape the most comprehensive overhaul of the nation’s banking system in decades. The provisions that came out of Congress in 2010 included surplus lines legislation, as well as language that created a federal insurance office—satisfying two of RIMS’ long-term legislative priorities. Risk committee mandates were also established, marking another legislative victory for RIMS in 2010.
In the past year, RIMS has worked to further its international strategy, as well. Our International Committee has done much to ensure that the content provided by RIMS is globally relevant and that we provide independent, diverse global risk management content to our members to enhance their ability to operate worldwide. One of our primary goals continues to be to extend risk management education globally.
In 2011 RIMS will continue to be a rich resource and watchful advocate for its members and industry partners. We will make the absolute most of our opportunity and capacity to lead our members around the world.
Read the 2010 Annual Report for more on the latest from RIMS.