Throughout the year, I’ve spoken about the expectations for our organizations to be resilient and successful, and for risk professionals to take the initiative to advance professionally. Well, now it’s time to transform.
In early September, I will head north to RIMS Canada Conference 2019 in Edmonton. The conference theme is centered around the concept “transform” and the need for risk professionals to be strategic-thinkers who support their organizations through these volatile times. ERM continues to be a great equalizer, allowing professionals to guide their organizations through new initiatives, challenges and opportunities. To that end, immediately following the conference, we have added an ERM workshop that will include best practices and case studies to develop a strong program. Registration for the conference and workshop are open and we are looking forward to a great experience.
When we talk about “transformation,” risk professionals also have to think about themselves too. The RIMS-CRMP certification continues to gain interest from several universities around the world, most recently, from University of Southern California (USC). On October 5 and 6, as part of its USC Executive Education Program, the university will host a two-day RIMS-CRMP workshop open to all professionals. We’re excited to announce this new relationship and invite our growing community to learn more here.
Even traditional risk management is undergoing a transformation. After several years of decline, the Total Cost of Risk (TCOR) increased by two percent in 2018. According to RIMS Benchmark Survey 2019, that increase was a direct result of increases in premium. I want to thank all of the risk professionals who shared their programs’ data, enabling RIMS to deliver this exceptional resource. While contributors’ copies are complimentary, others can purchase the Benchmark Survey in the RIMStore.
I also want to thank the invaluable RIMS volunteers who met last week in Denver to review and select the educational sessions for RIMS 2020 Annual Conference & Exhibition. Each year, the group selects sessions that cover the most relevant and most impactful risks and risk management trends. It is a testament to the hardworking members of RIMS Annual Conference Programming Committee and their tremendous experience and expertise.
Finally, the members of RIMS External Affairs Committee continue to do a remarkable job identifying regulation – and transformations in those regulations – that impact the risk management community. The committee is calling on members to engage their local political leaders to support the ACCESS Act, a bill that aims to reduce frivolous lawsuits, address ADA compliance issues while protecting the rights of the disabled. There is still time for members to get involved. To learn more, visit RIMS Advocacy Center.
At times, it can seem as though risks are coming at us from every direction. And, to some, that might sound like a bad thing. But, for risk professionals, these risks are an opportunity to shine. As a community we are stronger and better equipped to achieve the unthinkable. I want to thank you for all of your contributions to RIMS, for helping us to successfully navigate these exciting transformations and for keeping this Society moving in the right direction.
Gloria Brosius, RIMS-CRMP
RIMS 2019 President
Congratulations to three new RIMS-CRMP certification holders in August: Jesus Flores (Texas); Robert M. Marshall (New Jersey); and Jeffery Telford (Pennsylvania).