Risk & Insurance Management Society Inc. on Monday unveiled its new strategic plan and mission statement.
Speaking during the opening session of Riskworld, RIMS’ annual conference in Atlanta, RIMS CEO Gary LaBranche said last year RIMS’ board and executive team began a planning process for the organization’s future, from its mission and programs to its structure and technology.
“The result is a new strategic plan that charts the course for where RIMS aims to go in the future,” he said.
The plan, which envisages a 10-year mission, includes a commitment to strengthen its organizational capacity, innovation and agility to support risk managers, according to statements by RIMS board members.
RIMS will “renovate and reposition”; the organization to develop new programs and collaborate with others, they said. RIMS also announced a Memorandum of Understanding with the Pan-Asia Risk & Insurance Management Society during the session.
RIMS is committed to increasing member engagement; building more resilient chapters; ensure the organization is more diverse, inclusive and equitable; and support professionals in rising risks.
RIMS’ new business concept is: “RIMS empowers risk professionals to strengthen organizational resilience by driving strategic decision-making and improving business results.”