Evolving Role of Risk Managers Webinar, Nov 4, Sponsored ...



Evolving Role of Risk Managers Webinar, Today, Sponsored by FM Global

Responding to the challenges of an increasingly risky world, the risk management profession has changed significantly over the past several decades, and continues to evolve at an ever-accelerating pace. TODAY, join a panel of experts including FM Global’s Thomas Lawson, Career Education Corporation’s Jeff Stolle and RIMS’s Mary Roth as they discuss the evolution of the role of the Risk Manager. This webinar will be based on the survey of Risk Managers conducted in conjunction with the 30th anniversary of the RIMS Benchmark Survey™.

As Risk Managers have progressed from being insurance buyers to true managers of risk, their organizational profile has increased as has their reporting relationship. At the same time, Risk Managers have been challenged to develop leadership roles in the emerging fields of Enterprise Risk Management and Supply Chain Risk Management. To better understand the current state-of-the-art in risk management, how that differs from years past, and what the future is likely to hold, register for "The Evolving Role of the Risk Manager," an Advisen webinar sponsored by FM Global TODAY, at 3:00 p.m. EST.

REGISTER

Our Evolving Role of the Risk Manager Webinar is scheduled for TODAY @ 3:00PM EST. Here’s the registration link for this free one hour webinar sponsored by FM Global:



THE WEBINAR’S PANELISTS

• FM Global’s Thomas Lawson

• Career Education Corporation’s Jeff Stolle

• RIMS’s Mary Roth

• Advisen’s Dafna Kendal

LIVE & UNREHEARSED

Jim Blinn of Advisen will moderate the panel. What has become the standard for Advisen’s webinars, we expect a lively and informative discussion as well as engaging Q&A.

INTRODUCTION

2010 marks the 60th anniversary of the Risk and Insurance Management Society (RIMS) and the 30th anniversary of the RIMS Benchmark Survey™. The risk management profession has changed in many important ways over the decades, and the milestone anniversaries this year present an opportunity to reflect on those changes and to look ahead to the coming years. As compared to 30 years ago more companies have at least one full time risk manager, and senior risk managers are now far more likely to report to high level positions such as chief financial officer, general counsel and even the president/CEO, according to a survey conducted by Advisen for the Risk and Insurance Management Society. We were able to compare the results to a similar survey that was conducted in 1980. Additionally, risk managers have assumed more responsibility in areas such as captive insurance companies, retained losses and workers compensation cost mitigation.

The results of the survey revealed a positive growth in the role of Risk Managers – gaining increasing corporate visibility and corporate positioning. At the same time, opportunities in the area of Enterprise Risk Management and Supply Chain Risk Management are but beginning to be tapped.

BRIEFINGS

Advisen, on behalf of RIMS, surveyed nearly 1,400 risk managers about their roles, responsibilities, reporting relationships, and perspectives on important risk and insurance issues. The first of two reports detailing the findings from the survey, "The Changing Roles and Responsibilities of Risk Management," can be downloaded for no charge via Advisen’s Front Page News daily e-mail, as well as on , and via . The second report will be available after the conference.

ABOUT THE RIMS BENCHMARK SURVEY™

The RIMS Benchmark Survey book independently reviews pricing and structure trends for commercial insurance. Whether using it to bolster confidence in a particular program’s structure, costs and design or to validate risk data for CEOs and CFOs, Insurance Buyers and Brokers and Marketers say this book is worth keeping on the shelf. Additionally, this Survey arms sales professionals with a snapshot of industry-specific and coverage Benchmarks for prospect calls. If you need independent data about insurance and risk management costs and purchasing trends, how do you respond? How about differences between industries or coverages? Published since 1979, the RIMS Benchmark Survey remains the definitive statement regarding premiums, limits and retentions across commercial insurance lines for North America. For the last six years, Advisen has worked with RIMS to publish the Survey. The latest edition of the book represents data collected through December 31, 2009 and is available at book

What are today's challenges that will shape the risk manager's role in the future? Log on to "The Evolving Role of the Risk Manager," sponsored by FMGlobal, to hear leading risk management and insurance professions give their insights into issues ranging from state-level workers compensation reforms to globalization, and learn about the forces that are redefining the risk management needs of companies around the world.

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