The Risk and Insurance Management Society (RIMS) has announced plans to release a study this spring on the state of Enterprise Risk Management (ERM).

The report is based on data gathered from some 500 corporate risk practitioners over the course of the past year and is being developed in conjunction with software solution provider LogicManager, co-developer of RIMS Risk Maturity Model for ERM.

"RIMS upcoming report on ERM will be very telling on how risk management currently stands as a discipline, as well as a business function," says Mary Roth, executive director of RIMS. "It will provide insights into the state of ERM today and demonstrate the extent to which businesses are in the process of implementing ERM as a critical part of their risk management strategies."

The spring 2008 study will be based on data submitted by about 500 corporate risk practitioners to RIMS Risk Maturity Model Assessment, an online evaluation tool that measures the maturity of risk programs, hosted on RIMS website at www.RIMS.org/RMM This free resource is open to corporations worldwide, and all participants who complete the assessment will receive a complimentary copy of the 2008 report on ERM.

"RIMS ERM report will provide key insights on what risk managers have focused to drive business value in their ERM programs," says Steven Minsky, CEO of LogicManager.