As One of RIMS Program Partners, You Will Be Presenting to RIMS Members Throughout Our

The Professional Exchange of Risk Knowledge

RIMS Facts

As one of RIMS program partners, you will be presenting to RIMS members throughout our 81-chapter network. In order to better understand the RIMS chapter audiences, we have included this RIMS Fact sheet for your use. Even if you are familiar with the Society, this information will still be helpful when preparing for your presentation. Please take some time to review these RIMS Facts before your next visit to a RIMS Chapter.

DESCRIPTION:

The Risk and Insurance Management Society, Inc. (RIMS) is a nonprofit organization dedicated to advancing the practice of risk management, a discipline that protects physical, financial and human resources. The Society was founded in 1950 as the National Insurance Buyers Association (NIBA). NIBA was renamed the American Society of Insurance Management (ASIM) in 1955. The present name was adopted in 1975.

MEMBERSHIP:

RIMS represents nearly 4,000 industrial, service, nonprofit, charitable and governmental entities. The Society serves over 9,600 individuals responsible for risk management and insurance functions in 81 chapters across the United States, Canada, Mexico, and Japan. RIMS Members are kept informed of what’s happening on the leading edge of the risk management discipline in every sector of the economy.

PEER NETWORK:

The cornerstone of risk managers’ peer-group interaction is RIMS’ 81 local chapters. Here, in regular meetings, risk managers exchange ideas and engage in networking with other local companies and industry counterparts. Chapters are the scene of social, educational, and civic activities. Local chapters also team up to sponsor Regional RIMS Conferences, which extend networking opportunities even further.

RIMS membership also facilitates contact with a broad array of service providers in the insurance industry, with academicians, with regulators, with elected officials, as well as with subject matter specialists and technicians of every stripe.

The Professional Exchange of Risk Knowledge

RIMS Facts (cont.)

PRODUCTS AND SERVICES:

RIMS monitors federal, state and provincial regulation and legislation that affect risk management and employee benefits and maintains contacts with legislators and regulatory agencies to make sure the voice of the RIMS membership is heard.

The RIMS Annual Conference and Exhibition is widely recognized as the definitive risk management and insurance event, the largest gathering of risk managers and insurance professionals in the world.

RIMS Professional Development Courses help hundreds of risk management and insurance professionals stay on the cutting edge of industry developments every year. Courses include: Fundamentals of Insurance; Techniques of Risk Management; Risk Financing; Workers’ Compensation Management; Enterprise Risk Management; Corporate Governance & Risk Management; Alternative Risk Financing Techniques; Client & Insurance Broker Relations; Disaster Planning/Business Continuity Planning & Management; Strategic Thinking for the Risk Professional; Financial Aspects of Insurance Companies & Captives. There are customized seminars and workshops, including preparation for the RM designation.

The Society provides to members Risk Management magazine; a monthly Society-wide e-newsletter, RIMSCOPE; RiskWire, the quarterly RIMSCANADA newsletter for members with Canadian operations; an online Risk Management Buyers Guide, The Quality Improvement Process (QIP), etc. It also offers to its members a Web site at www.rims.org, including a Job Bank, a searchable Membership Directory, bulletin board, and an email-based industry group network.

RIMS supports The Spencer Educational Foundation, Inc., which awards annual scholarships to full-time risk management students and educational grants to others.

HEADQUARTERS:

RIMS operating staff is located at 1065 Avenue of the Americas, 13th Floor, New York, NY 10018

Telephone (212) 286-9292

Fax (212) 986-9716

Updated 3/10/06