In 2015, RIMS made remarkable strides to enhance its capabilities and resources to better serve the global risk management community and advance the Society’s standing as the world’s premier risk management society.
RIMS global initiatives included two new forums. The first-ever RIMS Risk Forum Latin America in Lima, Peru and RIMS Risk Forum Middle East in Dubai, UAE featured renowned risk management leaders who shared best-practices and thought-leading industry perspectives.
RIMS advocacy efforts also had a global impact. RIMS External Affairs Committee contributed to the successful reauthorization of the Terrorism Risk Insurance Act, which provides organizations in the United States, as well as international organizations with business in the United States, assurance that financial protections are in place should disaster strike.
Another highlight of 2015 was the release of the new ASIS/RIMS Risk Assessment ANSI Standard. The standard includes guidance on types of risk assessments, understanding biases, and the competence of risk assessors, providing a framework and process for organizations around the world to establish and evaluate their processes for managing organizational risk.
In addition to the Risk Assessment Standard, RIMS continued to publish new studies and surveys, providing risk professionals with the knowledge they need to navigate many complex risks. In its 10 issues, Risk Management featured trending topics such as reputational risk, alternative risk transfers, recovery and resilience, supply chain strategies among others. The Society also issued seven new executive reports covering topics from workers’ compensation trends and cyber security to remote workplace issues and enterprise risk management.
Technology has aided global expansion and professionals’ ability to communicate across borders. This year, RIMS launched Opis “The RIMS Information Network,” a new membership resource aimed at streamlining the process of researching risk management issues and building professional relationships. Based on members’ profiles, the platform recommends content, while connecting professionals who share similar risk management interests, experiences and challenges.
Finally, realizing the importance of providing practitioners with a vehicle to demonstrate the value they add to the organization, RIMS launched the RIMS-Certified Risk Management Professional certification (RIMS-CRMP) in late December. In the upcoming year, RIMS is looking forward to hosting several opportunities for practitioners to earn this global certification.
RIMS greatest asset is its expansive network of risk professionals who routinely share their unique perspective and experience. And, there is no denying that the opportunities of global expansion strengthen that asset. As the world’s leading risk management Society, it is our responsibility to be trailblazers, thought-leaders and relentless in our pursuit of resources that allow our members to take their risk programs and careers to new heights.
Read the 2015 Annual Report for more on the latest from RIMS.