The Risk Management Society’s Enterprise Risk Management (ERM) conference, which was held November 4th to 5th, was a new attempt and change. Before I participated, I had doubts about the effectiveness of the online conference. However, from the moment I logged into the conference, I encountered an interface that felt as though I was at the actual physical conference. Ironically, COVID-19 seems to boost people’s imaginations and bring out their adaptability and problem-solving abilities. The conference website provided a stable online access environment for people who accessed from various regions, and it stably operated real-time Q&A to enable communication between the presenter and the audience.
Among the many sessions, there were four sessions that were related to my field of interest or UW-Madison’s program. In particular, “Where Corporate Social Responsibility and Risk Intersect,” which explains climate risk management, and “The Risk of Diversity Mismanagement,” which explains demographic workforce diversity and discrimination, are included in the “Sustainability, Environmental and Social Risk Management” class that I am currently taking. The “How ERM Changed My Career Path” session provided practical examples of the ERM field included in the “Risk Financing Techniques” class.
Since it was a virtual conference, there were some limitations in meeting with many people compared to the in-person conference that I previously attended. However, through this conference, I was able to learn about the latest issues of risk management and insurance, and I am convinced that UW-Madison’s RMI program is a living experience closely related to the issues discussed in the industry.