WTW partners with RIMS to advance risk management in APAC

WTW has announced the start of a three-year collaboration with RIMS, the risk management society®, to advance the practice of risk management for organisations in Asia Pacific (APAC).

The aim is to promote the development of risk professionals in the region and equip them to succeed in an evolving and challenging landscape.

Kicking off the partnership is the launch of the first RIMS-WTW Asia Pacific Risk Conference 2022. Jointly organised by RIMS and WTW, the inaugural conference will be held virtually from 26 to 28 April.

StrategicRISK is the official media sponsor of the event and will bring readers all the daily highlights.

The conference will bring together risk management professionals, business strategists and government officials, as well as executives responsible for managing organisations’ risk portfolios from across APAC.

Themed “Risk Resilience Reimagined”, the Risk Conference will offer insights and ideas that are innovative, bold and achieveable for business leaders and risk professionals so that they can augment their capabilities to build robust risk management, enabling their business to thrive in this region.

Simon Weaver, head of Corporate Risk & Broking, Asia and Australasia, and head of Australasia, WTW, said: “As the coronavirus becomes endemic, a broad set of societal risks have become ever-present in business decision making for all organisations today.”

“High impact risks such as climate, geopolitics, health, financial, supply chain, technology/cyber and human capital are likely to continue to increase in frequency and with simultaneous occurrence.”

”Business leaders and risk managers need to stay vigilant, rethink their approach and raise their game in being able to respond to both threats and opportunities in an agile and timely way while continuing to maintain core business operations.”

“It is important for organisations in APAC to adopt a culture of adaptability and be ready to act decisively when these events happen, minimising disruptions to their businesses as risk becomes a mainstream element of business decisions.”

”We are therefore delighted to be partnering with RIMS on a series of events, research and skillset development for the risk management community in this region to equip them with a broad array of capabilities to strengthen oganisational resilience and transform tomorrows.”

RIMS president Patrick Sterling said: “Organisations around the world have witnessed the undeniable value of strong risk management capabilities and will continue to lean on their risk teams to set strategies, support initiatives and drive innovation.”

”As expectations rise, it’s critical for risk professionals to build upon their skills and knowledge to effectively establish resilient corporate cultures.”

“RIMS is proud to enter into this strategic partnership with WTW and is looking forward to exploring risk management trends, best practices, challenges and opportunities at our inaugural event.”

Risk professionals across APAC are invited to register for the conference.