The Risk & Insurance Management Society Inc. on Monday canceled its annual conference due to be held May 3-6 in Denver amid the new coronavirus epidemic.
The New York-based risk management organization had signaled over weekend it was considering its options for the event after state and city authorities in Colorado imposed restrictions on large meetings in an attempt to limit the spread of COVID-19.
The decision to scrap the conference and exhibition, which was expected to draw about 10,000 people from more than 70 countries to Denver, marks the first time in its history that RIMS has canceled the event, Mary Roth, CEO of RIMS, and Laura Langone, the 2020 president, said in an email to members and registrants.
“As we moved through our own risk management process, assessed the facts, analyzed the data and carefully calculated the outcomes of a range of scenarios, it became abundantly clear that this was the best decision for our members, our conference participants, and our employees,” the email said.