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ASSOCIATIONS AND INSTITUTES

Risk and Insurance Management Society, Inc. (RIMS)

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Tel: +1 (212) 286-9292
Address:
13th Floor
1065 Avenue of the Americas
New York
NY 10018

 

The Risk and Insurance Management Society Inc. (RIMS) is a not-for-profit organization dedicated to advancing the practice of risk management, a professional discipline that protects physical, financial and human resources.

 

Founded in 1950, RIMS represents nearly 4,000 industrial, service, non profit, charitable, and governmental entities. The Society serves over 10,000 risk management professionals around the world.

From The Glossary »

General Average:

A term used to indicate losses resulting from voluntary sacrifices on the part of the master of the ship for the purpose of preserving the safety of the ship and remainder of its cargo. Such losses must be borne proportionately by all owners of the ship and its cargo.
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