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Global Lounge

Visit the Global Lounge (Room 220) to network with attendees from all over the world and learn about RIMS’ global development activities. Attend one of the globally-focused educational sessions below that will be held in the lounge.

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Monday, April 16

Global Surety: Why Is it Growing?

1:30 pm – 2:30 pm
Organizations seeking alternatives to using letter of credit capacity have found surety bonds an efficient solution. Follow the growth of global surety utilization. Consider how other entities take advantage of performance security to mitigate counterparty performance risk, a critical enterprise risk management concern.

​​​​Enterprise Risk Management for Asian Companies

3:00 pm – 4:00 pm
Enterprise risk management (ERM) is a relatively new concept for Asian companies, especially in nonfinancial industries. If you are part of an Asian organization and plan to build an ERM framework or enhance your existing framework, find best practices and sample cases to help you reach your goals. In addition, familiarize yourself with the dynamic of Asian investments in the United States and the associated required risk management solutions.


Tuesday, April 17

Where in the World? International Risk Professionals Roundtable Session

9:15 am – 10:45 am 
Join a roundtable discussion to openly share experiences, challenges, ideas and best practices related to global risk management. Submit topics you would like to debate ahead of time. Network and review international risk management issues in a collegial environment. This session is hosted by the RIMS International Committee.

China’s Belt and Road Initiative: Growth and Opportunities 

April 17 – 11:00am -12:00 pm
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.​

How to Implement a Risk Management Program Based on the ISO 31000 Standard

1:15 pm – 2:45 pm
How does managing risk create value for your organization? Get to know the international standard ISO 31000 and you will see how it can help improve operational efficiency and governance. Evaluate how you might implement ISO 31000 and familiarize yourself with the relevant aspects of its next version.

Risk Management in LatAm: A Daily Challenge

3:00 pm – 4:00 pm
Why do you face such difficulty and resistance when trying to develop risk management departments in different Latin American countries? Uncover extreme variations in the risk management practice from one country to another due to cultural factors, the state of the art in each country and the abilities of the chief risk officers to understand and command their people. Consider ways to introduce new practices through cases that embrace the different ways of working and lack of established protocols.

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Wednesday, April 18

International Programs: Managing a Changing Regulatory Environment

9:30 am – 10:30 am 
As more organizations seek business opportunities in multiple countries, the regulatory environments sharpen. Analyze where regulators focus their attention. Be sure you can show local tax authorities that your organization fulfills premium tax obligations and to local insurance regulators, its legal obligations. Sort through international insurance rules, compliance issues and customer concerns of reputational risk and potential liability, as well as market solutions.

What ERM Practitioners Can Learn from the Intelligence Community: A CEMEX Case Study

11:00 am – 12:00 pm
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.​

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