Magazine article Risk Management

RIMS Unveils New Chapter Seminar: Managing Business Risk

Magazine article Risk Management

RIMS Unveils New Chapter Seminar: Managing Business Risk

Article excerpt

Do you know what your company's exposures are? Are you covered for any and all losses? Are your insurance costs escalating? Is your broker or agent doing everything he or she is supposed to do? Many risk managers can answer these questions in a heartbeat. But for part-time risk managers who may not know where to begin, there is a new seminar designed to help answer these questions and address vital issues. To promote the value of risk management to a wider audience, RIMS chapters can present "Managing Business Risk," a seminar that will enable them to provide an educational resource in their business communities, attract member prospects and generate revenue.

The four-hour seminar, initiated by the RIMS education committee, replaces the middle market seminar. In its ongoing goal to improve the quality of risk management education, the committee reviewed the old outline and, along with then-executive director Gene Ricci, decided it was time for a revision.

"We wanted a course that could be put on by our chapters using talent within the chapters. We needed it to be short and focused to our target audience of part-time risk managers, the risk manager's boss or someone who was looking to hire a risk manager, so they could get an overview of what is involved in risk management in a half-day presentation," says Gayle Sater, chair of RIMS education committee and risk manager of RedWing Shoe Company in Red Wing, Minnesota.

The committee commissioned Peter Young, Ph.D., a committee member and college professor at the University of St. Thomas in Minneapolis, to write the course and design the presentation materials. RIMS provides free course materials and instructor and student manuals, which include articles that allow students to learn more about relevant topics and sample risk manual outlines, risk and procedures checklists and useful names, numbers and addresses. A diskette set of the course is available for purchase.

Offering the Seminar

The chapters choose their instructor (from among RIMS members), location and registration fees. The course is designed to fit into four hours, but the instructor is free to pick and choose the topics he or she would like to focus on, according to Nancy Saxe, RIMS' director of marketing. Depending on the size of the chapter and sphere of potential attendees, the seminar could be held as often as quarterly for large chapters such as New York and Minnesota, says Ms. …

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