RIMS 2025 RISKWORLD

Date and time: Monday, May 5 from 3:30 p.m. to 4:00 p.m.

Location: Global stage | GS-Booth#825

Speaker: Samuel Wilkin, Director of Political Risk Analytics

Description:

Consider: Intense strategic competition between the United States, Russia and China; economic nationalism triggered by a global pandemic; upticks in violent international conflict. Explore how big-picture geopolitical trends drive changes in the business risk environment. Study the results of political risk surveys from the past seven years to witness this remarkable transition and the impact on global organizations. Examine how companies’ perceptions of the world and loss experience have changed. Identify the geopolitical risks that cause most concern for risk professionals today. Determine what companies are doing to manage the new era of geopolitical risk and whether your fellow risk professionals saw it coming.

Date and time: Monday, May 5 from 2:10 p.m. to 2:40 p.m.

Location: DEI-Booth#737

Speaker: Mary Coughlin

Description:

Learn how to bring together artificial intelligence (AI) and diversity, equity and inclusion (DEI) to effectively improve even an evolved DEI program. Review common pitfalls to avoid and the elements your corporate DEI program should include.

Date and time: Monday, May 6 from 10:45 a.m. to 11:45 a.m.

Location: Room 2

Speaker: Mark Blankenship, Director of Risk Management A&E

Description:

The dynamic state of artificial intelligence (AI) in the architecture, engineering and construction (AEC) industry—consider that the AI Hub features 1100 AI tools for AEC—can have a significant impact on the professional standard of care. Discuss the appropriate roles and limitations of AI, focusing on quality assurance standards that comply with licensing requirements with respect to AI-generated design work. Review the American Council of Engineering Companies (ACEC) proposed guidelines for adoption of AI, which aim to promote responsible, professional and ethical behavior. See how these can help assure compliance with the design professional firm’s policies, culture, internal regulations, confidentiality requirements and client contracts so that professional liability claims can be avoided.

Date and time: Monday, May 6 from 2:45 p.m. to 3:45 p.m.

Location: Room 3

Speaker: George Haitsch, North America Tech, Media, Telecom Industry Leader

Description:

Delve into the impact of artificial intelligence (AI) on technological innovation and the environment. Investigate the insatiable quest for land, power and water to power AI. Study the projected energy demands of AI computing and data centers, including the potential of nuclear power to sustainably support AI growth. Discuss strategies for managing the climate-linked risks in the pursuit of decarbonization goals. Consider the AI implications on the global workforce—job creation, job displacement and demand for new skills—as well as the ethical considerations of algorithmic bias, privacy, transparency and accountability. Hear from subject matter experts within construction, natural resources, nuclear energy, property risk consulting and talent and rewards consulting about their takes on the AI impact on climate and sustainability risks.

Date and time: Wednesday, May 7 from 10:10 a.m. to 10:40 a.m.

Location: Global stage | GS-Booth#825

Speaker: Lisa Lipuma, Director of Enterprise Risk Consulting, North America

Description:

Unlock sustainable success by integrating double materiality assessments into your enterprise risk management processes. Go over the application of the EU Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD). Learn how double materiality broadens traditional risk management by incorporating both financial and impact materiality, aligning with CSRD requirements. Determine how the CSDDD transforms third-party risk management and thus extends your responsibility across the value chain. Learn how the new regulations can be incorporated into existing frameworks.

Date and time: Wednesday, May 7 from 1:30 p.m. to 2:30 p.m.

Location: Room 5

Speaker: Mark Blankenship, Director of Risk Management WTW A&E

Description:

Review the results of a biannual survey of professional liability insurance carriers concerning the emerging risks and claim trends for the architecture and engineering (A&E) industry. Look over the causes of a recent rise in claim severity. Scrutinize claim trends specific to project types, disciplines and delivery methods. Pore over the emerging risks from social inflation, climate change, staffing, evolving technology (including artificial intelligence) and the standard of care. Discuss actual claims, lessons learned and proactive measures that architects, engineers, contractors and owners can take to mitigate the risks of costly disputes.