RIMS 2011 Coverage: Day 1

Risk Channel Editor Caroline McDonald is attending the Risk and Insurance Management Society's 2011 annual conference in Vancouver. Join her each day as she tweets from and about one of the biggest shows in the industry. Here are her compiled tweets from Day 1.

• “A strong risk manager in any business knows more about that business than anyone else.”-Scott Clark, RIMS president.
• “Risk managers are “breaking down silos in organizations.”-Scott Clark.
• “ERM is already in place in 54% of companies, and another 26% are committed to implementing.”-Scott Clark. 
• Heard this morning: Risk managers need to play a bigger role in legislative advocacy.
• “72% of RIMS chapters experienced positive growth in 2010.”-Mary Roth, RIMS executive director.
• Scott Clark says more than $20,000 has been raised so far for RIMS' Japan effort.
• RIMS and Chartis announced the five inaugural inductees to the new RM Hall of Fame: John Pinner, Eldrich Carr, Douglas Barlow, Donald Barrett, Cheri Hawkins.
  
• Aon execs surprised by gaps in environmental coverage by corporations. Not prepared for global regulations.
• AIR Worldwide expanding catastrophe risk engineering to renewable energy facilities
• One in three Americans believes businesses are not doing enough to protect them from workplace discrimination and identity theft—Chubb survey.
• New captives more likely to be located in U.S. domiciles—key finding in a new Marsh report.