RIMS 2007 Tackles Key Issues Facing Risk Management Industry

Risk Management Community to Gather in New Orleans on April 29–May 3

NEW YORK, N.Y., February 20, 2007 – This year marks the 45th anniversary of the Risk and Insurance Management Society, Inc. (RIMS) Annual Conference & Exhibition. On April 29–May 3, thousands of key decision-makers from the risk and insurance community will convene in New Orleans for five days of educational sessions, industry information and networking. Complete details on the conference are on the web at www.RIMS.org/RIMS2007.

“RIMS is a leading force for the risk management community,” says Michael Liebowitz, RIMS president and director of insurance and risk management at New York University. “The conference brings together the industry’s brightest stars for a meeting of the minds. RIMS 2007 is where risk managers’ priorities are set, long-standing relationships are cultivated and ground-breaking ideas are born.”

Keynote speakers include Dr. Michael Osterholm, Director of the Center for Infectious Disease Research and Policy, who will explore what risk managers can expect from the next pandemic crisis in his presentation titled Bracing for a Pandemic: What You Need to Know and How You Can Prepare; David Maurstad, Director of FEMA’s Mitigation Division and Federal Insurance Administrator, will share successes and lessons learned in the wake of last year’s unprecedented storm season in Government’s Role in Mitigating Risk: New Orleans and Beyond; and David Holcombe, CPCU, Director of Risk Management for International Speedway Corporation (NASCAR), will address his company’s efforts to manage risk in Driving Risk Management on the Speedway.

Returning to the conference is a special event that had much success last year—the CEO Leadership Panel—where CEOs of leading insurers and brokers will engage in a dialogue on key issues affecting risk managers in today’s business environment and how the big firms are responding in terms of processes and solutions. Panelists include the CEOs of ACE USA, AIG, Aon Corp., Arthur J. Gallagher & Co., FM Global, Marsh & McLennan Co’s., Willis Group Holdings and Zurich.

RIMS 2007 will follow in the tradition of providing a high-quality educational experience for attendees. A main focus of this year’s conference will be Enterprise Risk Management with approximately 20 sessions focusing on the topic, an ERM Bootcamp and an introductory session on applying the newly-launched RIMS Risk Maturity Model for ERM. Some 400 expert speakers will lead sessions in the areas of claims management, employment risks, ERM, finance, insurance, legal legislation, loss control, and risk management. Additional sessions will be customized for various industries and aspects of doing business and managing risks internationally. Recently identified “Hot Topic” sessions are Lost in Translation—International Risk and Compliance Challenging Global Companies and Catastrophe Modeling and Climate Change—Risk Management Challenges. These sessions offer attendees the timeliest content based on current industry news. Two offsite sessions will take RIMS members to the New Orleans Museum of Art and Harrah’s New Orleans to explore how these facilities were able to bounce-back after Hurricane Katrina.

RIMS Exhibit Hall will feature close to 400 exhibitors, offering tools and services to assist and provide solutions to risk managers’ needs. There are more than 55 new companies exhibiting this year. Traditionally, exhibitors use the conference as a platform to announce important company news, launch products and publicize changes in senior management.

Annually, RIMS Annual Conference & Exhibition attracts up to 10,000 senior-level risk and insurance professionals, brokers, insurers and solution providers for the ultimate networking experience. Kicking off RIMS 2007 is a grand opening reception featuring a casino decor and signature rhythms from the James Bond films. Other networking events include the Spencer Educational Foundation, Inc. annual golf and tennis tournament fundraisers. Also, RIMS has specially organized two events to provide support for the rebuilding efforts of New Orleans and the neighboring communities. RIMS has partnered with Beacon of Hope Resource Center to develop RIMS 2007 Community Service Day where attendees will lend a hand to paint homes, clean and clear yards of overgrown weeds, dead shrubbery and trees to aid residents of a local neighborhood. The RIMS Comedy Benefit, featuring award-winning comedian and television personality Dennis Miller, will host 4,000 delegates at the Ernest N. Morial Convention Center. RIMS is reaching out to exhibitors to donate funds to the benefit, from which the proceeds will be used to purchase much-needed fire trucks for New Orleans.

“RIMS is proud to support New Orleans and play a role in celebrating the revival of the city,” says Liebowitz. “There isn’t a more fitting destination for RIMS 2007. Here, attendees can truly learn how to prioritize and best safeguard their businesses.”

Full details and registration is available on the web at www.RIMS.org/RIMS2007. The deadline for the Early Bird discount is February 23.

About the Risk and Insurance Management Society, Inc

The Risk and Insurance Management Society, Inc. (RIMS) is a not-for-profit organization dedicated to advancing the practice of risk management, a professional discipline that protects physical, financial and human resources. Founded in 1950, RIMS represents nearly 4,000 industrial, service, nonprofit, charitable, and governmental entities. The Society serves 10,000 risk management professionals around the world. For more information, visit www.RIMS.org.