Magazine article Risk Management

Rims 2007(tm) New Orleans

Magazine article Risk Management

Rims 2007(tm) New Orleans

Article excerpt

With more than 9,000 seniorlevel risk management professionals, brokers, insurers and solution providers in one location, RIMS 2007 provided the ultimate learning experience. Every activity was designed to give attendees valuable information, resources and networking opportunities.

OPENING RECEPTION

Attendees kicked off RIMS 2007 at the Riverside Royale Opening Reception. The first of many networking opportunities, attendees used the relaxed, fun-filled atmosphere to catch up with friends and business associates and forge new relationships. The secret agent theme of the evening featured an array of debonair spies, femme fatales and nefarious evil masterminds, while the roulette wheels, craps tables and poker games throughout the packed ballroom were popular attractions for all who enjoyed the "high stakes" world of international espionage.

EXHIBITHALL

This year's sold-out Exhibit Hall featured 435 exhibitors, including 125 new service providers.

RIMS Exhibit Hall is more than where attendees come for new ideas and innovative solutions; it is where they discuss important business. Special events during the week helped bring everyone together.

Tuesday's Dessert Reception and Wednesday's RIMS 2008 San Diego Kick-Off Luncheon both brought thousands of attendees into the hall.

"RIMS 2007 was a phenomenal show for our company," said David Riker, president and CEO of Storm Exchange, Inc. Over 1,000 visitors stopped by our booth. For a young company, this is the type of event that can make the year."

Jake Finnell of RPost US Inc. agreed. "We were thrilled to take part in the event, and look forward to the next conference and many more in years to come."

EDUCATIONAL SESSIONS

RIMS 2007 continued the tradition of providing abundant, informative sessions. Some 400 expert speakers led 165 sessions in the areas of claims management, employment risks, ERM, finance, insurance, legal legislation, loss control, and risk management. Attendance at the sessions was strong. Pandemics, climate change, business continuity and preparedness, globalization and crisis management proved to be among the important topics of discussion throughout the week. A main focus of this year's conference was enterprise risk management with 18 sessions focusing on the topic, an ERM Bootcamp and an introductory session on applying the newlylaunched RIMS Risk Maturity Model for ERM.

The hot Topic sessions offered attendees the timeliest content based on current industry news: "Lost in Translation: International Risk and Compliance Challenging Global Companies" and "Catastrophe Modeling and Climate Change: Risk Management Challenges."

KEYNOTE PRESENTATIONS

With three keynote speakers, two executive addresses and one question-and-answer session, RIMS 2007 explored the issues affecting risk managers today from every angle.

"It's not a matter of If. just when and where, " Dr. Michael Osterholm, director of the Center for Infectious Disease Research and Policy, told attendees during the Opening Session. His sobering address depicted the potential repercussions of a global flu outbreak. Despite dire predictions, he asked risk professionals not to succumb to "pandemic preparation fatigue" but instead to simply remain vigilant.

Monday afternoon featured David Maurstad, director of FEMA's Mitigation Division, and federal insurance administrator, who shared successes and lessons learned in the wake of the recent unprecedented storm seasons, and how we can help prevent similar disasters in the future. …

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