LETTER FROM LEADERSHIP

 

 

Risk management has never been more critical to business success. 

In the face of soaring expectations, tremendous volatility, unpredictability, uncertainty, and the sheer velocity at which risks evolve, those responsible for managing risk must proactively arm themselves with insight, resources, and connections to steer their organizations through the unexpected.The RIMS Community continues to demonstrate its fortitude, guiding strategic decision-making, driving innovation, bolstering resiliency, and paving the way for opportunity and growth. The experiences, best practices, and strategies shared by the Community add value and advance risk management.

In 2023, RIMS delivered a range of opportunities for risk management leaders to collaborate and engage with each other. The Society’s conferences – including its flagship event RISKWORLD®– continued to inspire while thousands of risk professionals gained advantages through an array of resources available in RIMS Risk Knowledge Library, insightful Risk Management Magazine articles, captivating RIMScast episodes, and the Society’s dynamic selection of workshops and webinars.

Eighty chapters around the world help build the RIMS Community by providing extraordinary opportunities for engagement, learning and business-building. This is made possible thanks to the hundreds of member volunteers who serve as chapter leaders, providing enormous value to the risk community. To assist them and strengthen chapters, RIMS made the biggest investment in chapter infrastructure in the Society’s 73-year history. These offerings included a free platform for creating and hosting chapter websites, and a chapter management system.

The RIMS Community is setting a standard for risk management worldwide through the RIMS-CRMP certification. In addition to the growing number of risk professionals who have earned this globally recognized mark of achievement, RIMS continues to leverage its relationships with other organizations and associations to expand its reach. Most notably in 2023 was the announcement of a RIMS collaboration with the Pan-Asia Risk and Insurance Management Association (PARIMA). The joint venture will create even greater opportunities for risk leaders to validate their skills and knowledge with the certification, and advance within their careers.

RIMS continues to prioritize the value of perspective and is focused on creating inclusive opportunities for all risk professionals to participate. As demonstrated throughout 2023, DEI initiatives and advocacy will continue to be a RIMS priority to ensure that all risk professionals’ voices are heard. This RIMS Annual Report provides a snapshot of the success experienced by RIMS and its members, RIMS-CRMP holders, CRM holders and chapters in 2023.