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Jul 2020

RMIA conference: Risk management from all corners of the world

Source: Asia Insurance Review | Jan 2017

The Risk Management Institution of Australasia (RMIA) hosts the industry’s peak risk management conference each year. The 2016 event took place recently at the stunning Crown Promenade in Melbourne, attracting more than 450 delegates from all facets of the profession.
   The conference delivered a carefully curated line-up of keynote speakers with a wealth of expertise around a common theme, and a broad and diverse set of conference streams to support this.
Powerful business case studies
Speakers at the conference included a broad range of representatives from all aspects of risk management, and from all corners of the world. Mr Christopher MacKinnon, Lloyd’s General Representative in Australia gave an insightful presentation on Understanding Emerging Risk covering some powerful business case studies. Similarly, Ms Kate Hughes CRO of Telstra co-presented with Mr Sean Hughes, CRO of UniSuper, on the Difference in Risk Management between Public and Private Sectors. Gentle marital humour infused some impressive business lessons and key risk management principles. 
   Delegates were also privileged to hear Mr Alan Bardwell, CRO of the Australian Securities Exchange, speaking on emerging trends, challenges and opportunities in risk management, together with a humbling and grounded presentation from Mr Troy Daly, GM of Risk, Compliance and Reinsurance at Capital Insurance Group in Papua New Guinea. Troy’s presentation covered best practice and lessons learned in introducing and managing risk frameworks in developing countries. 
Risk management for kidnaps and many others
One of the most memorable presentations was Mr Martin Richards, APAC Regional Security Director of Bloomberg LP who conducted a riveting presentation on kidnap negotiation and how it can enhance business relationships. Martin’s extensive business experience in the most diverse and sometimes jaw-dropping circumstances provided both true business lessons and personal inspiration. 
   Other RMIA Keynote speakers Mr Brett Himbury, Chief Executive, IFM Investors; Dr Ivanka Mamic, Senior Director, Responsible Sourcing, Target USA; Mr Grant Hehir, Auditor-General for Australia, Australian National Audit Office; Mr Mike Utsler, Chief Operations Officer, Woodside Energy, BP Deepwater Horizon Response & Recovery; Ms Nicole Grantham, Chief Risk Officer, SAI Global; Ms Shannon Sedgwick, CEO, Global Media Risk and Mr Simon Madden, Director, Essendon Football Club.
Resilience remains a constant buzz word
The conference spanned three days and five streams. It was gratifying to see rooms filled and even over-filled in some instances, the exhibition floor buzzing during all networking breaks and the social networking events well supported. 
   The conference streams covered finance and insurance, enterprise risk management, people, culture and ethics, organisational resilience, security, information security and cyber risk, and government. 
   Certain risk themes were clearly emerging over three days. Resilience remained a constant buzz word, as did disruption, supply chain engagement and ethics.
Gala dinner and winners
A highlight of the RMIA’s National Conference is always the annual Gala Dinner, which doubles as the industry’s most highly anticipated awards night. The formal, black tie event culminated in the annual Risk Management prize giving where Ms Rebecca Gurney from Stanwell Corporation was awarded the coveted Risk Manager of the Year prize. Congratulations too to Mr Rod Farrar from Paladin Risk Management for winning Risk Consultant of the Year and Mr Emilio van Doorn from Corrective Services New South Wales (through Paladin Risk Management) for winning Risk Student of the Year. Dynamiq’s Jason Gotch was awarded Risk Volunteer of the Year. 
   RMIA President Anthony Ventura was pleased to announce that the 2017 conference will take place in Canberra from 15 to 17 November. Arguably the risk management capital of Australia, this location is sure to generate considerable interest. Early bird discounted registration offers are currently active at so don’t miss out!
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