2021/11/23 – Risk & Insurance Management Society and Hong Kong Confederation of Insurance Brokers Present: The Science of Risk Management

NEW YORK, Oct. 27 (TNSEve) -- The Risk and Insurance Management Society issued the following news release:

RIMS, the risk management society(R), and the Hong Kong Confederation of Insurance Brokers (HKCIB) have agreed to deliver The Science of Risk Management virtual workshop for the Confederation's vast network of risk management leaders and insurance and brokerage professionals.

Scheduled for November 23-26, 2021, the workshop will explore the dimensions of risk management, key risk management competencies, risk professionals' evolving role and business leaders' expectations of this critical function. The program will enhance participants' abilities to:

* Communicate the principles of risk management at all organizational levels;

* Create awareness and prevent excessive levels of risk and mitigate adverse outcomes;

* Foster a collaborative and consultative risk management environment;

* Demonstrate business insight and leadership abilities.

"The Science of Risk Management" will be taught by former RIMS President Nowell Seaman, RIMS-CRMP, FCIP, CRM. Nowell has more than 25 years' experience in risk management for organizations in the private and public sectors and has specialized in enterprise and operational risk management, insurance and alternative risk transfer, business continuity planning and crisis response.

"Risk management is an essential business function that allows organizations to make informed strategic decision that not only mitigate potential exposures but that also support innovation and value-generating initiatives," said RIMS CEO Mary Roth. "To be effective in this evolving role, risk professionals must continue seek opportunities to evaluate best practices and learn. RIMS is proud to partner with the Hong Kong Confederation of Insurance Brokers and to share our expertise is this area with their professional network."