Northern Alberta RIMS Chapter

Upcoming Events List


  • Alberta Captive Conference May 8, 2025

    Conference

    May 8, 08:00 AM - 05:00 PM (MT)
    The Alberta RIMS chapters are proud to announce that we are once again partnering to host the second annual Alberta Captive Conference! Join us for a day filled with educational sessions and networking opportunities as we take a deeper dive into Alberta's growing captive insurance industry.

    Event Details: May 8th, 2025, from 8am to 5pm, at the Westin Calgary (320 4th Ave SW).

    Continental breakfast and lunch are included in your ticket purchase! 

    Purchase your ticket here: https://AlbertaCaptiveConference2025.eventbrite.ca

    Calgary, AB, Canada

  • Virtual Education - Directors & Officers Liability

    Webcast/Webinar - RSVP

    May 21, 12:00 PM - 01:00 PM (MT)

    Join us for a webinar outlining new developments in directors & officers liability. 


  • Annual General Meeting + Networking - June 11, 2025

    Chapter Meeting - Members only - RSVP

    Jun 11, 05:00 PM - 08:00 PM (MT)

    Join us at the Odd Company Brewery in Edmonton for the AGM, including election of the next board, followed by a chance to meet and greet fellow professionals while enjoying refreshments. Tickets are $10 each for non members, complimentary for members. Want to volunteer? Step up at the AGM!

    Edmonton, AB, Canada

JOB BANK UPDATES

NORTHERN ALBERTA RISK and INSURANCE MANAGEMENT SOCIETY

WELCOME TO OUR CHAPTER 

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Just click here or on the picture above to register. See you there!

RIMS Membership Mondays

RIMS has started holding Membership Mondays, in which chapter officers discuss ways to improve member engagement. Check out the latest recording here:

Latest Membership Monday Recording

Session Recordings

Recordings from recent sessions:

Ken Letander - Diversity, Equity and Inclusion; Risk Management Considerations 

 February 28th, 2023

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Alberta Captive Insurance Company Legislation (CICA) has been a significant development in the province. Let’s delve into the details:

  1. Introduction of Captive Insurance in Alberta:
  2. Reception and Regulatory Approach:
  3. When Is Captive Insurance a Better Option?:
    • Captive insurance should be viewed as a strategic option within a company’s risk management toolkit.
    • It is not necessarily a superior alternative to traditional insurance methods.
    • Prerequisites for setting up a captive include:
      • Adequate risk pool: The business must justify the cost of managing and operating a captive insurance company.
      • Commitment to risk reduction: Strong safety and management practices are essential.
      • Sufficient capital: Ensuring the captive meets all financial requirements.
    • Companies may choose to set up a captive for reasons such as:
      • Difficulty finding suitable insurers for specific business risks.
      • Better or more affordable coverage tailored to their specific risks.
      • Reducing reliance on commercial insurance.
      • Long-term cost savings in risk management.
      • Stabilizing premium expenses1.
  4. Role of Captive Insurance in the Oil & Gas Industry:

In summary, Alberta’s captive insurance journey has been marked by positive reception, collaborative regulatory efforts, and strategic considerations for businesses across various sectors.