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2014 Annual Report

The risks that our organizations face have become increasingly more complex. They impact our organizations faster and, as a result, can leave the unprepared risk professional apprehensive about leveraging new opportunities and mitigating threats the moment they arise.

How can RIMS better prepare our members for the uncertainties that lie ahead?  Is our Society meeting the needs of the global risk community?

Results from RIMS 2014 Membership Satisfaction Survey were encouraging with an overwhelming number (96 percent) expressing their satisfaction with many of the resources, knowledge and events RIMS produced throughout the year. While we are pleased with these results, your Society is determined to continue to develop the risk management support you need to advance your organization’s risk programs and succeed professionally.

When looking at the future of risk management and the Society, embracing new or young professionals was a focus for 2014.  We added staff and resources to specifically focus on Rising Risk Professionals, a membership group that we redefined to include not just students, but also those transitioning into the profession.   New online courses, events and networking opportunities were designed to meet the changing perspectives and demands of our members.

RIMS conferences and events continue to be one of the Society’s greatest member benefits and RIMS 2014 Annual Conference & Exhibition in Denver did not disappoint.  For our first time in Denver, RIMS ’14 welcomed over 9,700 attendees from a record-breaking 62 countries.  The Society’s international network of risk professionals continues to thrive. The expansion of RIMS Risk Forum Australasia to a two-day event, as well as other global industry events that our leadership participated in will keep this important trend moving in the right direction. 

One of the ways RIMS works to keep our membership engaged is by delivering thought-leading content on risk management issues, especially in the area of Enterprise and Strategic Risk Management. RIMS 2014 ERM Conference, our Risk Summits, as well as professional development programming, cement our position as the world’s leader in the risk management discipline.  In addition, new executive reports on strategies for transitioning to ERM, reputational risk management and claims reporting practices keep our members informed and prepared to adapt to the constantly evolving business landscape. 

In 2014, we also enhanced the way we deliver content and communicate with members.  Risk Management magazine, the award-winning Risk Management Monitor blog and RiskWire continued to be an important vehicle for RIMS to provide up-to-date industry trends and news.  Beyond news, RIMS’ redesigned its website to make it more user-friendly, making it easier for visitors to find the risk management information they need.  We also updated other technologies to allow us to better support RIMS’ 82 chapters, share important Society updates to members while implementing best practices to ensure that our intellectual property and member information is secure. 

Part of shaping the future of risk management hinges on regulation and how RIMS can affect policy so that risk professionals can efficiently achieve their objectives.  NARAB II, the CLAIM Act were just two examples of legislative issues RIMS External Affairs explored throughout the year, but the committee devoted most of its energy toward the reauthorization of the Terrorism Risk Insurance Act (TRIA). Face-to-face meetings with elected officials, legislative events, official comment letters, op-eds and press releases on the importance of the program’s extension were integral to the bill’s passage in early 2015.

Continuing to strengthen our Rising Risk Professionals network, our global network of thought-leading risk professionals and innovative solution providers, as well as RIMS’ internal network and structure will be key to the Society’s ability to remain the leading risk management association in the world.

It is truly an exciting time for our profession – so much opportunity and so much more to learn and explore. On behalf of RIMS Board of Directors and staff, we would like to thank our dedicated volunteers and passionate members and look forward to supporting their risk management endeavors for years to come.

Read the 2014 Annual Report​ for more on the latest from RIMS.




Richard Roberts
RIMS 2015 President
Mary Roth
RIMS Executive Director





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