News Risk Management 14 Mar 2018

RIMS identifies emerging trends to be spotlighted at 2018 Conference

14 Mar 2018

The Risk and Insurance Management Society (RIMS) has added seven "Hot Topic Sessions" to its schedule for the upcoming RIMS 2018 Annual Conference & Exhibition in April. These topics, including AI and China's Belt and Road Initiative, are selected by RIMS Annual Conference Programming Committee and include educational presentations that explore emerging issues in risk management and best industry practices.

This year’s “Hot Topic” sessions are:

  • A Glimpse Of The Future: How Artificial Intelligence Will Change Everything Eventually, Including Insurance

Take a look at the technology behind machine learning and artificial intelligence (AI) and its impact on manufacturing, transportation, retail and insurance. Sort through the implications for product liability, privacy and other emerging risk concerns. Learn the basic forms of what some are calling "the new electricity" as well as the potential legal and liability issues of AI.

  • China’s Belt And Road Initiative: Growth And Opportunities

Underlining China’s push to play a larger role in the world economy, the Belt and Road Initiative (BRI) could affect 4.4 billion people worldwide with a collective GDP of US$2 trillion. It also brings risk to participants—banks, construction companies, infrastructure investors, exporters and equity managers. Discuss the political, credit and security risks and insurer partnerships to explore technology for ways to address those risks and enhance service and efficiency.

  • New Perspectives On Sexual Harassment Claims And Risk Management

A tidal wave of sexual harassment claims has been unleashed across news and social media with related discrimination, hostile work environment, retaliation and sexual assault allegations also coming to the forefront. Determine the long-term economic and brand damage that could result from the consequent business disruption and marred reputations. Explore the risk from insurance, legal and corporate perspectives as well as transfer and mitigation opportunities.

  • What Erm Practitioners Can Learn From The Intelligence Community: A Cemex Case Study

Get an inside look into the development of an advanced enterprise risk management (ERM) program influenced by the intel world. Learn from the leaders of the risk management group for a Mexico-based global construction materials company about shaping its intelligence pedigree into an asset and how you can apply similar tactics to your program.

  • The Journey Of The African American Insurance Professional: Past, Present And Future

African American professionals are vastly underrepresented in the insurance industry— particularly in leadership roles—despite demographic and buyer expectation changes. Understand the opportunities and obstacles that African American insurance professionals have confronted and the legacies of the pioneers. Examine how you can enact transformative hiring, retention and advancement changes for African Americans and other executives of color.

  • How Marijuana Is Affecting Workers’ Compensation And The Workplace

The future of federal marijuana policy and enforcement continues to be uncertain, so stay up to date on the laws and legal decisions, including their complexities and their rapid changes. Determine the value of legal assistance so that you can develop and communicate a sound policy for your organization, whether for the use and reimbursement of medical marijuana for workplace injuries or employee use of medical and recreational marijuana.

  • Opioid Lawsuits: A Tsunami Of Litigation And Associated Coverage Issues

Well in excess of 300 lawsuits have been filed—most consolidated as multidistrict litigation (MDL)—against pharmaceutical companies, distributors and pharmacies by states, counties and cities seeking to recover costs from the U.S. opioid epidemic. Examine how liability insurance policies—product liability, general liability and professional liability—could respond. And determine whether you would be prepared should similar suits be brought against your industry.

Diversity and Inclusion

To foster a welcoming environment for risk professionals from all backgrounds and with varying identities and perspectives, RIMS has also formalised diversity and inclusion events and educational programming within the RIMS 2018 agenda.

This year, RIMS Board of Directors formed the RIMS Diversity and Inclusion Task Force. The Task Force, comprising risk management professionals and RIMS staff, will explore RIMS’ resources and other opportunities to further embrace different cultures and perspectives. RIMS, in collaboration with Marsh will host a Diversity Meet-Up, a networking and educational session which will feature structured conversations about issues, challenges and opportunities impacting the risk management profession.

This is just one of many diversity and inclusion sessions at RIMS 2018, which will be held 15-18 April in San Antonio, Texas, USA. To register for RIMS 2018 or learn more, visit

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