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Fleming Cites Return On RIMS Membership

While Terry Fleming is quick to thank his employers for supporting his participation in the Risk and Insurance Management Society over the last two decades, he emphasizes that it's a two-way street..

By Caroline McDonald | Updated on February 07, 2010

While Terry Fleming is quick to thank his employers for supporting his participation in the Risk and Insurance Management Society over the last two decades, the new RIMS president for 2010 is quick to emphasize that it’s a two-way street, considering how much value he and his fellow members have received from their work with the association.

Mr. Fleming–who serves as risk manager for Montgomery County, Md.–said his presidency marks the highlight of his career. “I’ve been involved in RIMS for over 20 years and it’s a great organization–and I’m thankful my employer supports my participation,” he added, while noting that RIMS has helped him personally in a number of ways.

One example, he said, is with a new $80 million courthouse being built by the county. The architect was being asked to carry a $25 million errors and omissions policy, but to achieve that, had to tack an additional $1.3 million onto the contract.

Mr. Fleming called a RIMS contact in his county for help–Shari Natovitz, vice president and risk manager with Silverstein Properties Inc./World Trade Center Properties in Manhattan.

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