NU Online News Service, July 18, 11:59 a.m. EDT
The Risk and Insurance Management Society says it has been approved as an accredited standards development organization by the American National Standards Institute (ANSI) Executive Standards Council.
According to RIMS, this status will increase its profile in the standards and practices arena by enabling it to take a lead role in shaping and developing risk management standards. RIMS sys it aims to begin standards development in early 2012.
The Washington, D.C.-based nonprofit organization "empowers its members and constituents to strengthen the U.S. marketplace position in the global economy while helping to assure the safety and health of consumers and the protection of the environment," according to the ANSI website.
ANSI says it oversees the "creation, promulgation and use of thousands of norms and guidelines that directly impact businesses in nearly every sector: from acoustical devices to construction equipment, from dairy and livestock production to energy distribution, and many more."
ANSI adds that it is actively engaged in accrediting programs that assess conformance to standards—including globally-recognized, cross-sector programs such as the ISO 9000 (quality) and ISO 14000 (environmental) management systems.
"Developing and distributing standards is vital to ensuring consistently high levels of practice in organizations worldwide, and has been top of mind for RIMS' since we formed our Standards and Practices Committee in 2009," says Lori Seidenberg, RIMS board member and vice president, enterprise risk management, Centerline Capital Group.
She adds that the approval, "in conjunction with the efforts of our membership, will undoubtedly serve to foster a culture of risk management across sectors."
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