RIMScast

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

Expectations for the world of work, talent recruitment and retention, wage inflation, and corporate culture have never been higher. Joining RIMScast today to discuss these topics and the correlation between human resources and risk management is Johnny C. Taylor, Jr., the President and CEO of SHRM (the Society for Human Resource Management). Johnny will also be delving into all of this and more on May 1st, 2023, as the opening keynote speaker at RISKWORLD in Atlanta, Georgia.

In this interview, Johnny provides a glimpse into his upcoming keynote and speaks on how we can all reinvent, reinvigorate, reimagine, and reset our organizations and the people we lead.

Be sure to tune in for today’s fun and insightful conversation!

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:28] About RIMScast.

[:40] About today’s episode.

[:56] All about upcoming RIMS webinars, workshops, events, and more!

[2:15] More about today’s episode with Johnny C. Taylor, Jr.

[2:51] Justin welcomes Johnny to the podcast!

[3:10] Johnny provides a preview of his upcoming 2023 RISKWORLD keynote.

[4:47] Why Johnny decided to write his book, Reset: A Leader’s Guide to Work in an Age of Upheaval.

[6:46] Johnny’s process of writing his book, Reset.

[8:23] How and why Johnny transitioned to HR after being a lawyer.

[10:00] Johnny’s advice to HR managers who are the de facto risk management professionals at their own organizations (and vice versa).

[11:10] What can risk management professionals and HR do to maintain their commitment to DE&I during these uncertain economic times?

[14:20] About the DE&I and ESG tracks at RISKWORLD 2023.

[14:35] Johnny emphasizes the importance of DE&I and why it is absolutely critical.

[15:55] RIMS plug time! All about RISKWORLD 2023 and the newest issue of Risk Management Magazine.

[16:58] Justin revisits his interview with Josh Linkner, highlighting why live events are so critical, especially in this era of remote and hybrid work.

[18:55] Johnny’s insights into how we can all better balance remote work with in-person work; particularly in terms of collaboration, promotions, and culture.

[22:58] SHRM is celebrating its 75th anniversary this year! What does Johnny hope SHRM will be celebrating 25 years from now at its centennial?

[25:00] Johnny’s message to those attending RISKWORLD.

[26:32] Justin thanks for joining the podcast and shares some links to take a look at in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open! Advance rates are available through Feb. 17th

Contribute to Risk Management Magazine

RISKWORLD: In-Person Workshops — April 29-30th

Upcoming Webinars:

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

“The Perfect Storm: Property Risk Strategies & The Right Solutions for You” | Sponsored by Gallagher CORE360 Insights | Feb. 23, 2023

“Deadly Weapons and Sexual Abuse Risk” | Sponsored by Beazley | Feb. 28, 2023

“Property Valuations Amid Record Inflation” | Sponsored by TÜV SÜD | March 2, 2023

See the full calendar of RIMS Virtual Workshops

Related RIMScast Episodes:

“Innovation and Improvisation with RISKWORLD Keynote Josh Linkner” (2023)

“Live from RISKWORLD 2022”

“RISKWORLD 2022 Keynote Michael C. Bush On Risk and ‘Greatness’”

“RISKWORLD 2022 Keynote Rachel Sheerin On How Risk Leaders Can Combat and Harness Burnout”

“What the Future Holds with RISKWORLD 2022 Closing Keynote Peter Leyden”

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Events, Education, and Services:

RIMS Risk Maturity Model®

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual Workshops

RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Dr. Karen Hardy of Flip This Risk!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guest:

Johnny C. Taylor, Jr.’s LinkedIn

SHRM.org

Reset: A Leader’s Guide to Work in an Age of Upheaval, by Johnny C. Taylor, Jr.

Tweetables (For Social Media Use):

“My advice … is to be very intentional about … creating expectations for the business case for what you’re going to achieve when it comes to DE&I.” — Johnny C. Taylor, Jr.

“There is a way to show how good DEI is not just morally good but it’s good for business. You’ve got to make that case and hold yourself accountable for meeting the metrics that show progress or a lack of progress.” — Johnny C. Taylor, Jr.

“While I’m sensitive to the fact that people resist change. … But, we have also shown as a result of the last three years that we can be pretty darn agile when we have to.” — Johnny C. Taylor, Jr.

“Diversity, Equity, and Inclusion isn’t just about how you treat fellow human beings who are different than you during the day; It’s how you treat them outside of work as well because we’re working for a greater and better republic.” — Johnny C. Taylor, Jr.

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

Joining RIMScast today is jazz guitarist, CEO, author, tech entrepreneur, and RISKWORLD leadership keynote, Josh Linkner! As a self-proclaimed creative troublemaker, Josh uses live music as a metaphor for innovative collaboration and will be delivering the Awards and Leadership keynote at RISKWORLD on May 1st, 2023! His performance is unlike any other as he invites audience members to join the band to compose live music in front of their peers (which always ends in a cheering crowd!)

In this episode, Josh shares about the parallels between music and risk management, why he has become a standout keynote speaker in recent years, all about his career, his experiences with risk management and risk professionals, and what we can all expect at his upcoming keynote!

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:34] About RIMScast.

[:45] About today’s episode.

[:56] All about upcoming RIMS webinars, workshops, events, and more!

[2:14] More about today’s episode with special guest, Josh Linkner.

[3:00] Justin welcomes Josh Linkner to the podcast!

[3:15] About Josh’s upcoming keynote at RISKWORLD.

[3:48] Companies and organizational leaders that have inspired Josh in recent years.

[5:00] Josh’s experience as a CEO and the companies that he has led.

[6:33] Josh’s experience with risk departments and professionals.

[7:55] As Josh was coming up in the ’90s, was ESG even on the radar?

[9:38] How Josh is navigating ESG demands and challenges from society and his investors.

[10:52] RIMS plug time! About RISKWORLD 2023, in-person workshops, and virtual workshops.

[12:00] Chris Hansen joins the podcast to give an overview of his upcoming two-day virtual workshop, “Managing Worker Compensation, Employer's Liability and Employment Practices in the U.S.”

[15:37] What to expect at Josh’s upcoming RISKWORLD 2023 keynote.

[19:14] Are live audiences more receptive in 2023 than in 2019, pre-pandemic?

[20:26] Josh’s favorite jazz musicians.

[22:35] Justin thanks Josh for joining the podcast and shares some links to take a look at in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open! Advance rates are available through Feb. 17th!

Contribute to Risk Management Magazine

Upcoming Webinars:

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

“The Perfect Storm: Property Risk Strategies & The Right Solutions for You” | Sponsored by Gallagher CORE360 Insights | Feb. 23, 2023

“Deadly Weapons and Sexual Abuse Risk” | Sponsored by Beazley | Feb. 28, 2023

“Property Valuations Amid Record Inflation” | Sponsored by TÜV SÜD | March 2, 2023

The Evolution of ESG | Sponsored by Zurich | March 9, 2023

Virtual Workshops:

“Fundamentals of Risk Management” | February 14‒15, 2023 | 9:00 am‒3:00 pm ET

Registration Closes Feb. 13

“Managing Worker Compensation, Employer's Liability and Employment Practices in the U.S.” | Feb. 21‒22 | 10 am‒5:30 pm ET | Registration closes Feb. 20

See the full calendar of RIMS Virtual Workshops

Related RIMScast Episodes:

“Strategizing with Mark A. Pfister, RIMS ERM Conference Keynote” (2022)

“Live from RISKWORLD 2022”

“RISKWORLD 2022 Keynote Michael C. Bush On Risk and ‘Greatness’”

“RISKWORLD 2022 Keynote Rachel Sheerin On How Risk Leaders Can Combat and Harness Burnout”

“What the Future Holds with RISKWORLD 2022 Closing Keynote Peter Leyden”

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Events, Education, and Services:

RIMS Risk Maturity Model®

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual Workshops

RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Dr. Karen Hardy of Flip This Risk!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guest:

Josh Linkner’s Website

Tweetables (For Social Media Use):

“There are costs, to be clear. But I am hopeful that in the long run … that the benefits of being focused on ESG outweigh the costs.” — Josh Linkner

“At the keynote specifically, I’m going to use live music — specifically live jazz — as a metaphor for leadership, for innovation, and of course, for many of the challenges and the opportunities that we have as risk management professionals.” — Josh Linkner

“I think there is a real desire to be in-person. Obviously, there are many things that we can do remotely — as we should. But there are also some things that we can’t. And there’s something really special about being present and having human connection.” — Josh Linkner

“Now, in the world of remote or hybrid work, we’re often … accomplishing a lot … but what it lacks is that deeply present human connection.” — Josh Linkner

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

In this important episode of RIMScast, Justin is joined by Paul Marshall of McGowan Program Administrators to discuss active shooter preparedness and insurance.

Workplace violence is a risk – especially in places where money is exchanged and other public-facing industries such as service and care, and hospitality and travel. In the last few years with more workplaces going hybrid, crisis risks have evolved and it is even more critical that risk professionals understand how to adapt to these changes and put the correct safeguards in place to better protect both their employees and patrons.

As the Managing Director of McGowan Program’s Active Shooter/Workplace Violence/Terrorism product line for the last 7 years, Paul Marshall shares his insights on what businesses need to ask themselves following a mass shooting, how to assess and reevaluate your active shooter preparedness plan, and what we all can generally learn regarding previous active shooting incidents. Paul also lends advice regarding what can be done from an insurance perspective, how public transportation factors into emergency preparedness, and what risk professionals can do to help combat the threat of workplace violence.

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:34] About RIMScast.

[:44] About today’s episode.

[:53] All about upcoming RIMS webinars, workshops, events, and more!

[2:00] Paul Marshall

[3:00] Justin welcomes Paul to the podcast!

[3:25] Paul shares about his career thus far, his role at McGowan Program Administrators, and how it relates to risk management.

[4:55] Following a mass shooting, what questions should stores/clubs/offices ask themselves before reopening?

[10:33] Why are restaurants unique regarding active shooter preparedness? What needs to be done differently?

[14:17] Can we learn anything from previous active shooting incidents? 

[19:44] RIMS plug time! All about RISKWORLD 2023 and RIMS virtual workshops.

[20:52] Chris Hansen joins the podcast to share about his upcoming 2-day virtual workshop, “Managing Worker Compensation, Employer's Liability and Employment Practices in the US.” Find the link to the workshop below in the show notes.

[24:24] How is the insurance industry addressing these unfortunate events?

[29:52] With many organizations still being hybrid, how have mass notification messaging systems evolved in the last couple of years?

[32:56] When you have public transportation close to your place of business, how does that factor into emergency preparedness?

[34:08] What Paul would like to see the risk profession do to help combat the threat of workplace violence.

[36:22] Justin thanks Paul Marshall for joining the podcast and shares some links to take a look at in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open! Register early by Feb. 17th!

Contribute to Risk Management Magazine

Related RIMS Coverage:

RIMS Report: Active Shooter Preparedness For Your Organization 

Active Shooter Preparations Lagging, Study Finds

Q&A: School Shooter Preparedness

Rethinking School Shooter Response and Prevention

Insurance Considerations for Shooting Incidents 

RIMS Events, Education, and Services:

RIMS Risk Maturity Model®

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

Related RIMScast Episodes:

“Public Violence and Workplace Safety with Lauris Freidenfelds”

“Occupational Safety Risks in 2022 with Dave Ferro”

“Terrorism and Violence Risks with Dr. Marc H. Siegel Part 1”

“Terrorism and Violence Risks with Dr. Marc H. Siegel Part 2”

“Active Threat Safety and Preparedness with Steve Smith and Dustin Miller of Guardian Defense”

Upcoming Webinars:

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

“The Perfect Storm: Property Risk Strategies & The Right Solutions for You” | Sponsored by Gallagher CORE360 Insights | Feb. 23, 2023

“Deadly Weapons and Sexual Abuse Risk” | Sponsored by Beazley | Feb. 28, 2023

Virtual Workshops:

Fundamentals of Risk Management | February 14‒15, 2023 | 9:00 am‒3:00 pm ET

Registration Closes Feb. 13

Managing Worker Compensation, Employer's Liability and Employment Practices in the US | Feb. 21 – 22 | 10am – 5:30pm ET | Registration closes Feb. 20

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual Workshops

RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Dr. Karen Hardy of Flip This Risk!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guest:

Paul Marshall’s LinkedIn

Tweetables (For Social Media Use):

“We started this particular coverage line [Active Shooter/Workplace Violence/Terrorism] in 2016 … in direct response to some of the shootings at that time, the lack of response from the existing coverages, and the desire to have more of a response-type coverage similar to what we saw in the cyber community about 10-15 years ago when cyber just started.” — Paul Marshall

“We’ve had a very successful launch of this new product line [for Active Shooter/Workplace Violence/Terrorism]. Lots of great support around the country. My main job is to underwrite and work with our insurers from submissions all the way to claims.” — Paul Marshall

“It’s extremely difficult to add the necessary security … in these organizations that specialize in having a friendly atmosphere – coffee shops, restaurants, [etc]. Most of the time, they can’t have someone in the front of the building wanding you before you go in as opposed to airports, sporting events, [etc]. ” — Paul Marshall

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

Joining RIMScast today are three RIMS Chapter Presidents from around the world: Kerry Bakkerus of the RIMS New Zealand and Pacific Island Chapter, Erica Kiefer of the newly founded RIMS Greater Bluegrass Chapter, and Mako Kanda of the Japan Chapter. They discuss risk trends in their respective geographies, what makes their chapter unique, and their experiences with leading a chapter (and all of the challenges and opportunities that come along with it).

Tune in to hear various global perspectives from RIMS Chapter leaders and learn about what it takes to build and sustain their chapters, retain and attract membership, and their invaluable advice to the general risk management community.

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:34] About RIMScast.

[:45] About today’s episode.

[:52] All about upcoming RIMS webinars, workshops, events, and more!

[1:47] More about today’s episode with Kerry Bakkerus of the RIMS New Zealand and Pacific Island Chapter, Erica Kiefer of the newly founded RIMS Greater Bluegrass Chapter, and Mako Kanda of the Japan Chapter.

[2:09] Justin Smulison introduces and welcomes today’s first guest, Kerry Bakkerus!

[2:30] Kerry shares about her risk career and what she is doing outside of RIMS.

[3:20] What is the risk culture like in New Zealand?

[5:42] When did Kerry start the New Zealand RIMS Chapter?

[6:08] Kerry describes the NZ Chapter and the common goals of the members.

[8:23] Kerry’s message to the global risk management community and those considering a career in risk management.

[10:44] Justin thanks Kerry for joining the podcast!

[10:56] RIMS plug time! Upcoming RIMS virtual workshops and announcements.

[12:12] Justin introduces the second guest, Erica Kiefer, the newest RIMS Chapter President.

[13:00] Erica shares her career history.

[13:48] What drew Erica to risk management? How long has she been in risk management?

[15:31] Erica’s advice on what risk professionals need to do to maintain their good status and adapt to the times.

[16:40] Erica shares about the experience of co-launching the RIMS Greater Bluegrass Chapter.

[18:12] Erica’s hopes for the Greater Bluegrass chapter moving forward.

[19:00] Justin thanks Erica for joining the podcast and Erica shares where to find more information on the Greater Bluegrass chapter.

[19:32] Justin introduces the RIMS Japan chapter president, Mako Kanda.

[19:44] Mako discusses teaching strategy and risk as a university professor in Japan.

[21:36] Japan has a very risk-averse culture in business. How does Mako hope to slowly influence this mindset in the present and future?

[23:53] Mako shares some of the history of the RIMS Japan Chapter, as well as his hopes for the future of the chapter.

[25:55] Justin thanks Mako Kanda for joining!

[26:05] Justin thanks all three guests for joining the podcast and shares some links to take a look at in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open! Register early by Feb. 17th!

Contribute to Risk Management Magazine

RIMS Welcomes 80th Chapter — Greater Bluegrass Chapter

RIMS Events, Education, and Services:

RIMS Risk Maturity Model®

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

Related RIMScast Episodes:

“2022: The Year in Risk (Part 1)” and “2022: The Year in Risk (Part 2)” 

“Live from the RIMS ERM Conference 2022”

“Travel Risk Management for the 2022 Holidays with Dr. Adrian Hyzler”

“2022 Midyear Risk Review with RIMS Publications Director Morgan O’Rourke”

“Introducing RIMS CEO Gary LaBranche”

Upcoming Webinars:

“What to Expect from Cyber Insurance in 2023 and Beyond” | Sponsored by Telos | Jan. 24, 2023

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

“The Perfect Storm: Property Risk Strategies & The Right Solutions for You” | Sponsored by Gallagher CORE360 Insights | Feb. 23, 2023

Virtual Workshops:

Fundamentals of Insurance | January 25‒26, 2023 | 9:00 am‒4:30 pm ET

Registration closes Jan. 24

Fundamentals of Risk Management | February 14‒15, 2023 | 9:00 am‒3:00 pm ET

Registration Closes Feb. 13

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual Workshops

RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Dr. Karen Hardy of Flip This Risk!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guests:

Kerry Bakkerus’s LinkedIn

RIMS New Zealand and Pacific Islands Chapter

RIMS Greater Bluegrass ChapterGreater Bluegrass Chapter of RIMS on LinkedIn

RIMS in Japan

Tweetables (For Social Media Use):

“Risk is quite a difficult conversation to get on the agenda. So what I try to do is really try to change the conversation not to, ‘What is risk?’ but to ‘How do you ensure that you achieve your objects? And what’s standing in the way of doing that?’” — Kerry Bakkerus

“I think risk is really such an exciting profession. It’s one that really adds strategic value to the organization.” — Kerry Bakkerus

“Risk management is … always changing. It’s not something you can just take a course [for] and, ‘know how to do.’ … It’s important to stay connected with people through organizations, …  reevaluating the risk … and seeing … new products … [and] trends.” — Erica Kiefer

“In Japan, risk is thought to be … [something] to avoid. But if you are a good strategist, you have to think beforehand which barrier is more difficult. … We have to think more proactively … and what is the best way to overcome, compared to the competitors.” — Mako Kanda

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

Joining RIMScast today is Josephine Wolff to provide a 2023 outlook on cybersecurity and insurance!

Josephine Wolff is an associate professor of cybersecurity policy at The Fletcher School at Tufts University. Her newest book, Cyberinsurance Policy: Rethinking Risk in an Age of Ransomware, Computer Fraud, Data Breaches, and Cyberattacks, came out just this last August and examines the development of cyberinsurance and addresses what governments can do to make it a more effective tool for cyber risk management. Josephine will also be a panelist on RIMS’s January 24th, 2023 webinar, “What to Expect from Cyber Insurance in 2023 and Beyond,” linked below under Upcoming Webinars.

In this interview, Josephine shares what risk professionals need to rethink or reevaluate in 2023, the top three cybersecurity issues that will have the largest impact on organizational leaders in 2023, her advice regarding cyber and ransomware attacks, and more.

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:34] About RIMScast.

[:45] About today’s episode.

[1:00] All about upcoming RIMS webinars, workshops, events, and more!

[2:18] All about today’s episode with Josephine Wolff.

[2:55] Justin Smulison welcomes Josephine to the podcast!

[3:07] Josephine shares her career history and what led her to pursue cybersecurity.

[5:17] Is it inevitable that we will all become victims of a cyber or ransomware attack at some point in our lives?

[6:57] Josephine shares her experiences with risk managers and professionals over the years.

[9:00] Top three cybersecurity issues that will have the largest impact on organizational leaders in 2023.

[12:22] As an instructor that teaches on the subject of cybersecurity, what is on the minds of Josephine’s students currently?

[16:05] RIMS plug time! All about upcoming RIMS virtual workshops.

[18:00] What risk professionals need to rethink or reevaluate in 2023.

[20:32] RIMS and several other organizations want the federal government in the U.S. to have a centralized framework to help prepare for and navigate the aftermath of major cyber attacks. How beneficial does Josephine feel this would be on a grand scale?

[23:42] Josephine gives a preview of the upcoming Telos webinar she will be joining RIMS for on January 24th, 2023.

[26:01] Josephine’s thoughts on whether the CIO is a new best friend for the risk manager.

[28:40] Are any of Josephine’s students on the path to becoming CIOs?

[29:25] Justin thanks Josephine Wolff for joining the podcast and shares some links to check in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open!

RIMS Virtual Workshops in 2023 — a Brief Dialogue with Instructor Elise Farnham

Contribute to Risk Management Magazine

Prepare for the RIMS-CRMP Certification exam with RIMS and St. John’s University from January 24‒25th. Learn about the five core competencies of a risk professional and enhance your risk management skills. Register now!

RIMS Events, Education, and Services:

RIMS Risk Maturity Model®

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

Related RIMScast Episodes:

“2022: The Year in Risk (Part 1)”

“Cybersecurity and Data Privacy with Fred Karlinsky & Travis Wong” (2022)

“CERT-In Cyber Details to Know with Jyoti Krishnan”

“2022 Midyear Risk Review with RIMS Publications Director Morgan O’ Rourke”

“Getting to Know Jackware with Dan Healy of Anderson Kill”

“Cloud Security Risks with Google’s Monica Shokrai”

“Roadway Risks: AI, Autonomous Vehicles, & Automated Driving”

“Ransomware Risks and ‘Responding Gracefully’ with Masha Sedova”

“Cyber Breach Responses with Kate Fazzini, Flore Albo CEO”

“The World of Cybersecurity with NCSA’s Kelvin Coleman”

“Cybersecurity Frameworks with NIST Fellow, Ron Ross”

“Cyber Risk News & Trends with Tony Anscombe, Part 2”

More RIMS Resources on Cybersecurity and Cyber Insurance:

RIMS Letter to Federal Insurance Office Supports the Development of a Cyber Insurance Backstop

From Risk Management Magazine:

“Can Cyber Insurance Recovery from a Third Party Satisfy a Self-Insured Retention?” by Joshua Gold”

“Insurance Coverage For Jackware Attacks,” by Daniel J. Healy & Robert M. Horkovich

“Preparing for New U.S. Data Privacy Laws,” by Ben Richmond

“4 Principles to Improve Your Data Privacy Program,” by Ray Pathak

Upcoming Webinars:

“What to Expect from Cyber Insurance in 2023 and Beyond” | Sponsored by Telos | Jan. 24, 2023

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

Virtual Workshops:

Captives as an Alternate Risk Financing Technique | January 18‒19 | 10:00 am‒5:00 pm ET Registration closes Jan. 17

Fundamentals of Insurance | January 25‒26, 2023 | 9:00 am‒4:30 pm ET

Registration closes Jan. 24

Fundamentals of Risk Management | February 14‒15, 2023 | 9:00 am‒3:00 pm ET

Registration Closes Feb. 13

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual Workshops

RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Merline Barrington of the Port Authority of NY & NJ!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guests:

Josephine Wolff’s Profile

Cyberinsurance Policy: Rethinking Risk in an Age of Ransomware, Computer Fraud, Data Breaches, and Cyberattacks, by Josephine Wolff

Tweetables (For Social Media Use):

“I think one of the things that risk managers struggled with for a while now … is really trying to lock down: How do we understand what is a reasonable amount of risk to accept? When it is so hard to quantify.” — Josephine Wolff

“I think another [cybersecurity issue] that we’re going to see [that’s] somewhat linked to the ransomware trend … is this question of state-sponsored cyberattacks.” — Josephine Wolff

“I do think there’s value in thinking through, in more detail, what a federal backstop for cyber attacks would look like. That’s something insurers have been asking for, for a while.” — Josephine Wolff

“The cyber insurance policies you can buy today look very different from the ones that you could buy 10‒15, 20 years ago. Part of how that fits in data privacy is understanding how breaches of personal information really drive this market from the beginning.” — Josephine Wolff

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

January is internationally recognized as Human Trafficking Awareness Month. In this episode, RIMScast is taking its annual deep dive into this ever-present risk with Marisa Trasatti.

Marisa is a Partner at Cipriani & Werner and General Counsel to Sciton. As a defense lawyer, Marisa has defended hotel channels that were named as defendants in civil suits and significant trafficking claims. You may also recognize Marisa from her previous appearances at several RIMS events, including RISKWORLD, on the topic of human trafficking.

With the International Labour Organization estimating that there are 27.6 million people enslaved globally with 19.9 million victims of labor trafficking, 1.4 million held in domestic servitude, and 6.3 million victims of sex trafficking, it is no question whether trafficking is a global emergency. And unfortunately, corporations can oftentimes become unwitting participants in human trafficking just by being in business.

As difficult as this subject can be to hear about, it is a critical one that risk professionals need to hear about in order to protect their organizations and better spot the signs of human trafficking. Be sure to tune in to not miss out on this important dialogue with Marisa Trasatti.

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:34] About RIMScast.

[:46] About today’s episode.

[1:00] All about upcoming RIMS webinars, workshops, events, and more!

[2:02] All about today’s episode with Marisa Trasatti.

[3:24] Justin Smulison welcomes Marisa to the podcast!

[4:02] Marisa shares her career background and her current roles at Cipriani & Werner and Sciton.

[4:48] How Marisa came to be acquainted with RIMS.

[5:24] What can businesses (that are unwitting participants in human trafficking) do to protect against human trafficking?

[14:18] Marisa shares her predictions and insights based on new legal developments regarding human trafficking.

[15:24] Is the Ghislaine Maxwell verdict sending a message to traffickers/would-be traffickers? Is it a deterrent?

[16:40] shares a story from a former FBI agent about labor-trafficked victims

[19:05] Risk management and ESG initiatives that Marisa finds to be effective deterrents to trafficking.

[22:15] RIMS plug time! All about upcoming RIMS virtual workshops.

[23:00] Elise Farnham rejoins the podcast to discuss her two upcoming RIMS virtual workshops!

[26:17] Does Marisa feel that human trafficking, though a huge issue, often gets put on the back burner by the world?

[27:58] Marisa shares about Thorn, an organization with the goal of defending children from sexual abuse. Marisa explains why, in particular, Thorn sets such a good example from a moral, legal and ethical perspective.

[31:32] Marisa speaks about a case regarding Section 230 and how it could influence the landscape of 2023.

[36:00] Marisa shares her views on the new U.S. federal law, “Eliminating Limits to Justice for Child Sex Abuse Victims Act of 2022.”

[41:22] Does Marisa find that she gets more media requests in January because it is Human Trafficking Awareness Month? Marisa also shares other events that have brought a spotlight to trafficking.

[43:23] Why awareness around human trafficking needs to be year-round; not just in January.

[44:13] Justin thanks Marisa Trasatti for joining the podcast and shares some links to check in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open!

RIMS Virtual Workshops in 2023 — a Brief Dialogue with Instructor Elise Farnham

Contribute to Risk Management Magazine

RIMS Events, Education, and Services:

RIMS Risk Maturity Model®

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

Related RIMScast Episodes:

“Human Trafficking Risks with Kimberly Mehlman-Orozco, Ph.D.”

“Human Trafficking and Supply Chain Risk with Tim Nelson of the Slave-Free Alliance”

“Checking In: Hotel Risk Management with AHLA President & CEO Chip Rogers”

Resources about Modern Slavery and Human Trafficking:

Thorn.org

National Slavery and Human Trafficking Prevention Month

Hope For Justice

Slave-Free Alliance

More RIMS Resources on Human Trafficking and Modern Slavery:

“Human Trafficking and Supply Chains: Q&A with Tim Nelson of the Slave-Free Alliance”

“Human Trafficking: How Businesses Can Combat the Modern Slavery Epidemic”

“Human Rights and Corporate Wrongs”

“The Expanding Circle of Concern and Emerging Risks”

“Examining Supply Chains for Labor Trafficking and Abuses” (RM Magazine, 2022)

Upcoming Webinars:

“Recertification: Keep Your RIMS-CRMP Active” | Complimentary to All | Jan. 9, 2023

“What to Expect from Cyber Insurance in 2023 and Beyond” | Sponsored by Telos | Jan. 24, 2023

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

Virtual Workshops:

Applying and Integrating ERM | January 10‒11 | 10:00 am‒4:00 pm ET

Registration closes Jan. 9

Captives as an Alternate Risk Financing Technique | January 18‒19 | 10:00 am‒5:00 pm ET Registration closes Jan. 17

Fundamentals of Insurance | January 25‒26, 2023 | 9:00 am‒4:30 pm ET

Registration closes Jan. 24

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual Workshops

RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Merline Barrington of the Port Authority of NY & NJ!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guests:

Marisa Trasatti’s LinkedIn

Elise Farnham’s Profile

Tweetables (For Social Media Use):

“We don’t have specificity and sensitivity-type red flags and trainings [on human trafficking]; it makes it difficult to get it right all the time. But I believe that the more we train, the more we educate, the more likely it is that we will get it right more.” — Marisa Trasatti

“The best thing that businesses can do [regarding human trafficking] is to continue to train, continue to educate, continue to get ahead of the curve in terms of what law firms like mine are seeing in the field as far as what traffickers are doing.” — Marisa Trasatti

“Human trafficking is second, third, fourth tier right now [to other issues]. It can’t be that. … It has to be on the forefront of our minds wherever we’re going because … everyone listening to this RIMScast podcast has encountered a human trafficked survivor” — Marisa Trasatti

“[Human trafficking is] part of ESG. It’s important for businesses to look at their supply chains and make sure that there isn’t labor trafficking involved.” — Marisa Trasatti

“Awareness is power.” — Marisa Trasatti

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

Risk leaders, Morgan O’Rourke and Hilary Tuttle of the RIMS flagship publication, Risk Management Magazine, rejoin RIMScast to discuss risk trends and what makes standout risk management content!

Morgan and Hilary share their insights on the risk trends likely to permeate into 2023, discuss how an article can evolve into another medium, and share what they look for in article submissions. They also highlight what does not work when it comes to submitting an article, what is on the horizon for RIMS publications in 2023 and beyond, and what you can do to become more connected with the risk management community.

Be sure to tune in to the first half of the interview, “2022: The Year in Risk (Part 1),” where they discussed risk management news and trends.

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:34] About RIMScast.

[:46] About today’s episode.

[:57] All about upcoming RIMS webinars, workshops, events, and more!

[2:07] All about today’s episode with Morgan O’Rourke and Hilary Tuttle.

[3:00] What Morgan and Hilary are looking for when it comes to article submissions.

[5:10] The importance of connecting with the risk management community and connecting with RIMS resources.

[7:45] Risk management terms we should do away with in 2023.

[11:02] RIMS plug time! All about upcoming RIMS virtual workshops.

[11:50] Elise Farnham rejoins the podcast to discuss her two upcoming RIMS virtual workshops!

[14:55] Be sure to check out the year-end issue of Risk Management Magazine!

[15:43] What does not work when submitting an article for RMM.

[16:06] What is on the horizon for RMM and RIMS publications in general in 2023.

[18:27] Morgan gives a quick plug to the RIMS app.

[19:19] How Morgan and Hilary feel about the word “mitigate.”

[20:46] Justin thanks Morgan and Hilary for joining the podcast and shares some links to check in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open!

Risk Management Magazine — Year In Risk 2022

Contribute to Risk Management Magazine

RIMS' Risk Management Magazine Wins American Society of Business Publications Editors Awards for Third Straight Year

RIMS Events, Education, and Services:

RIMS Risk Maturity Model®

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

Related RIMScast Episodes:

“2022: The Year in Risk (Part 1)”

“Live from the RIMS ERM Conference 2022”

“Travel Risk Management for the 2022 Holidays with Dr. Adrian Hyzler”

“2022 Midyear Risk Review with RIMS Publications Director Morgan O’Rourke”

“Introducing RIMS CEO Gary LaBranche”

“Emerging Risks and Board Reporting with Suzanne Christensen”

Upcoming Webinars:

RIMS External Affairs Presents: “How Cyber Insurance is Shaping the Insurance Industry” | Jan. 5, 2023

“Recertification: Keep Your RIMS-CRMP Active” | Complimentary to All | Jan. 9, 2023

“What to Expect from Cyber Insurance in 2023 and Beyond” | Sponsored by Telos | Jan. 24, 2023

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

Virtual Workshops:

Applying and Integrating ERM | January 10‒11 | 10:00 am‒4:00 pm ET

Registration closes Jan. 9

Captives as an Alternate Risk Financing Technique | January 18‒19 | 10:00 am‒5:00 pm ET Registration closes Jan. 17

Fundamentals of Insurance | January 25‒26, 2023 | 9:00 am‒4:30 pm ET

Registration closes Jan. 24

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual Workshops

RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Merline Barrington of the Port Authority of NY & NJ!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guests:

Morgan O’Rourke’s LinkedIn

Hilary Tuttle’s LinkedIn

Elise Farnham’s Profile

Tweetables (For Social Media Use):

“I think the key to where our coverage ends up working best is not just [in] talking about the risk — which is important — but talking about how to manage it.” — Morgan O’Rourke

“You can read about all of the risks in the pages of every other publication that exists in the world … but where [RIMS Risk Management Magazine is] trying to differentiate is [by answering the questions] … ‘What do we do about it? What does your company do about it? What does your risk manager do about it?’” — Morgan O’Rourke

“We’re also looking for new opportunities in terms of how to surface content. … Figuring out how to make [our publications] more reader-friendly and user-friendly is something that we’re looking at [for Risk Management Magazine].” — Hilary Tuttle

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

RIMS’s flagship publication, Risk Management Magazine, just released its 2022 edition of its Year in Risk! Joining Justin Smulison today to take a look back on 2022 are the RIMS publication team leaders, Morgan O’Rourke and Hilary Tuttle.

Responsible for the editorial direction of this award-winning publication, Morgan and Hilary discuss the process that went behind the “Year in Risk” issue, highlight the risk trends that have stood out to them, and the 2022 standout stories in cyber and ransomware. They discuss the trends they think are likely to permeate into 2023 and what they specifically look for when it comes to article submissions for Risk Management Magazine.

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:34] About RIMScast.

[:46] About today’s episode.

[:57] All about upcoming RIMS webinars, workshops, events, and more!

[2:08] Justin revisits an interview with Fred Karlinksy on his upcoming webinar and how cyber and risk management trends overlapped in 2022.

[10:09] Justin thanks Fred for joining RIMScast and shares where to find Fred’s Jan. 5th webinar.

[10:39] Justin introduces and welcomes Morgan O’Rourke and Hilary Tuttle to RIMScast!

[11:26] Hilary and Morgan share about their roles at RIMS and the responsibilities that they oversee.

[13:16] Hilary speaks on the topics that they cover in Risk Management Magazine.

[13:43] Has Hilary always had a particular interest in cyber risk? What kickstarted this particular interest?

[14:27] Hilary’s experiences at various conventions that address risk.

[15:24] How Hilary finds the balance in addressing cyber risk and finding the risk management angle to ensure that the information published is actionable and applicable for risk managers.

[16:46] Standout cyber and ransomware stories from 2022.

[19:10] Are there companies (or agencies) that are adequately prepared for ransomware attacks that other organizations should emulate?

[20:37] The timeframe and process that went into the creation of The Year in Risk issue.

[21:51] Hilary and Morgan explain the criteria they used to determine what to include (and disclude) in “Year in Risk.”

[25:47] Comparing risk trends from the beginning of their careers vs. 2022.

[28:02] About the recent ASBPE awards Morgan and Hilary have been awarded.

[29:41] What do Morgan and Hilary look for in regard to submissions for RMM?

[31:48] Justin thanks Morgan and Hilary for joining the podcast and shares some links to check in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open!

Revisiting the interview with Fred Karlinsky about Cybersecurity Insurance and the related webinar — presented by the RIMS External Affairs Committee on Jan. 5, 2023

Risk Management Magazine — Year In Risk 2022

Contribute to Risk Management Magazine

American Society of Business Publication Editors (ASBPE)

RIMS Events, Education, and Services:

RIMS Risk Maturity Model®

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

Related RIMScast Episodes:

“Live from the RIMS ERM Conference 2022”

“Travel Risk Management for the 2022 Holidays with Dr. Adrian Hyzler”

“2022 Midyear Risk Review with RIMS Publications Director Morgan O’Rourke”

“Introducing RIMS CEO Gary LaBranche”

“Emerging Risks and Board Reporting with Suzanne Christensen”

Upcoming Webinars:

RIMS External Affairs Presents: “How Cyber Insurance is Shaping the Insurance Industry” | Jan. 5, 2023

“Recertification: Keep Your RIMS-CRMP Active” | Complimentary to All | Jan. 9, 2023

“What to Expect from Cyber Insurance in 2023 and Beyond” | Sponsored by Telos | Jan. 24, 2023

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

Virtual Workshops:

Applying and Integrating ERM | January 10‒11 | 10:00 am‒4:00 pm ET

Registration closes Jan. 9

Captives as an Alternate Risk Financing Technique | January 18‒19 | 10:00 am‒5:00 pm ET Registration closes Jan. 17

Fundamentals of Insurance | January 25‒26, 2023 | 9:00 am‒4:30 pm ET

Registration closes Jan. 24

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual Workshops

RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Merline Barrington of the Port Authority of NY & NJ!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guests:

Fred Karlinsky’s LinkedIn

Morgan O’Rourke’s LinkedIn

Hilary Tuttle’s LinkedIn

Tweetables (For Social Media Use):

“Working in risk management, the general theme has been: we write a lot about a lot — so pretty much any topic within the corporate and enterprise wheelhouse. But cyber has become a particular area of specialty and interest for me.” — Hilary Tuttle

“I think it’s really important to understand risks and what is emerging. I think it’s important to have a high-level perspective of what your organization is going to see and that you might need to answer questions about.” — Hilary Tuttle

“The amount that a risk manager can do is sometimes kind of limited. And so, trying to limit some of the coverage to what is actionable and what is relevant to the specific audience is really where we draw that line [with Risk Management Magazine].” — Hilary Tuttle

“As ERM concepts … start becoming more standard, I think it expands both what risk managers have to do and, in turn, what we have to cover [in Risk Management Magazine.] Hilary used the word ‘more,’ and I think ‘more’ really is the defining trait of 2022.” — Morgan O’Rourke

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

Everyone’s security is at risk when they travel — even when it’s for business. Today’s guest, Kelly Johnstone, has decades of risk experience, stemming from several years as a Federal Agent as well as the Chief Security Officer for a major global company. Now, with International SOS, Kelly helps keep business leaders safe when traveling to high-risk areas.

In this episode, Kelly discusses security measures organizations can take to protect employees and how they can be embedded into their ERM programs.

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:33] About RIMScast.

[:46] About today’s episode.

[:58] All about upcoming RIMS webinars, workshops, events, and more!

[2:00] More about today’s episode with Kelly Johnstone.

[2:33] Justin welcomes Kelly to the podcast!

[2:48] Kelly shares about her career background and current role as a Risk Advisor at International SOS.

[5:10] Kelly elaborates on what it takes to institute a risk management framework regarding travel today.

[11:08] Is there a level of protection for the officers, decision-makers, and business leaders at International SOS as they travel?

[15:04] RIMS Plug time! All about upcoming workshops and webinars.

[15:50] Elise Farnham joins RIMScast to discuss her two upcoming RIMS virtual workshops!

[18:58] Be sure to check out the 2022 year-end issue of the Risk Management Magazine!

[19:46] How challenging is it to get buy-in from multiple departments regarding security risk?

[22:16] How Kelly is able to tie security risk to revenue generation or retention.

[23:55] How the practice of ERM could evolve to adapt to our current (COVID-19) climate.

[25:37] What are we overlooking in terms of risk? Where does ERM need to shift?

[28:00] Kelly discusses talent supply risks and shares her insights.

[29:22] What happens when there has to be an extraction? Kelly shares her advice.

[32:40] Kelly’s experience coming up in the field of security as a woman and her advice to other women considering a career in security.

[38:16] How did Kelly find her mentors?

[39:45] Has Kelly always been a natural speaker? How did she become a better speaker?

[40:48] Justin thanks Kelly for joining the podcast and shares some links to check in today’s show notes.

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open!

RIMS Virtual Workshops in 2023 — a Brief Dialogue with Instructor Elise Farnham

RIMS Events, Education, and Services:

RIMS Risk Maturity Model

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Contribute to RIMS Risk Management magazine

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

Related RIMScast Episodes:

“Checking In: Hotel Risk Management with AHLA President & CEO Chip Rogers”

“Travel Risk Management for the 2022 Holidays with Dr. Adrian Hyzler”

“Fleet Safety 2022 with Nets Executive Director Susan Gillies-Hipp”

Upcoming Webinars:

RIMS External Affairs Presents: “How Cyber Insurance is Shaping the Insurance Industry” | Jan. 5, 2023

“Recertification: Keep Your RIMS-CRMP Active” | Complimentary to All | Jan. 9, 2023

“What to Expect from Cyber Insurance in 2023 and Beyond” | Sponsored by Telos | Jan. 24, 2023

Virtual Workshops:

Applying and Integrating ERM | January 10‒11 | 10:00 am‒4:00 pm ET

Registration closes Jan. 9

Captives as an Alternate Risk Financing Technique | January 18‒19 | 10:00 am‒5:00 pm ET Registration closes Jan. 17

Fundamentals of Insurance | January 25‒26, 2023 | 9:00 am‒4:30 pm ET

Registration closes Jan. 24

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual WorkshopsIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring Merline Barrington of the Port Authority of NY & NJ!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guest:

Kelly Johnstone’s LinkedIn

Elise Farnham’s Profile

Tweetables (For Social Media Use):

“Risk has become … something that everybody understands. Before, it was this fuzzy thing, ‘Security just got in the way,’ ‘Oh, here she comes again.’ I think you have to learn how to talk to people about security so that … it’s business-enabling.” — Kelly Johnstone

“If you really think about it … almost everything comes back to a financial impact. So, if you’re not thinking about that as important as everything else you’re talking about [when it comes to] risk … you’re missing the boat.” — Kelly Johnstone

“If you’re a business to make money, [financial risk is] what you need to be looking at as you talk about [all] risks.” — Kelly Johnstone

“Companies that start thinking differently are going to be ready for the next threat and I think that’s where ERM needs to shift.” — Kelly Johnstone

"[At] the Chief Security Officer level, it’s about 90% white men over 60. … We need more women. We need more people of color — we need more everything. Because this is a field where you need to be a critical thinker and your background [plays a part in that].” — Kelly Johnstone

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

Joining RIMScast to usher in 2023 with hopeful and uplifting insights is Neeti Bhalla Johnson; the President of Global Risk Solutions of Liberty Mutual Insurance! Neeti was recently recognized by the Spencer Educational Foundation during their 2022 Funding Their Future Gala for her outstanding achievements in risk management and insurance and her commitment to the future of the industry. Some of these accomplishments include being the Executive Co-Sponsor of LEAAP@Liberty + Allies (Leading and Empowering Asian and Ally Professionals) and an active participant at WE@Liberty + Allies (which aims to empower and elevate women professionals and their allies.)

In this conversation, Neeti shares about her experience of being honored at the Spencer Gala, why access to education and DEI are close to her heart, her insights and wisdom from leading Liberty Mutual’s Global Risk Solutions, her philosophy on ESG, and her advice for students looking to join the risk profession.

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:33] About RIMScast.

[:46] About today’s episode with Neeti Bhalla Johnson!

[:58] All about upcoming RIMS webinars, workshops, events, and more!

[1:51] More about today’s episode.

[2:46] Justin welcomes Neeti to the podcast!

[3:13] Neeti shares about her role at Liberty Mutual Insurance.

[4:27] Neeti speaks to what it means to her to have been honored at the Spencer Gala.

[6:44] Why ‘access to education’ was instrumental to Neeti’s career personally.

[8:46] Why Neeti is supportive of the Spencer Educational Foundation.

[10:45] Neeti has found Spencer Scholar recipients within Liberty Mutual. Neeti shares about the community they formed within the organization and what it means to her.

[12:50] Neeti’s background and why DE&I is important to her.

[15:03] RIMS Plug time! All about upcoming workshops and webinars.

[16:36] Why having a diverse group is important to what Neeti does at Liberty Mutual.

[18:08] Does Neeti find that customers/clients seek out DEI?

[18:27] Neeti’s thoughts on ESG becoming popularized and mainstream.

[21:53] Neeti’s advice to students wanting to join the risk profession.

[24:23] Bonus question! Has Neeti ever been bit by a snake?

[26:53] Justin thanks his guests for joining the podcast and shares some links to check in today’s show notes.

Mentioned in this Episode:

SpencerEd.org | Learn more and donate today.

Funding Their Future Gala 2022

RIMS Events, Education, and Services:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open!

RIMS Risk Maturity Model

RIMS Events App Apple | Google Play

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Contribute to RIMS Risk Management magazine

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact [email protected] or [email protected] for more information.

Upcoming Webinars:

“Royal Caribbean Group Creatively Uses RMIS to Boost Wellness” | Sponsored by Riskonnect | Dec. 13, 2022

RIMS External Affairs Presents: “How Cyber Insurance is Shaping the Insurance Industry” | Jan. 5, 2023

“Recertification: Keep Your RIMS-CRMP Active” | Complimentary to All | Jan. 9, 2023

“What to Expect from Cyber Insurance in 2023 and Beyond” | Sponsored by Telos | Jan. 24, 2023

Virtual Workshops:

Applying and Integrating ERM | January 10 – 11 | 10:00 am – 4:00 pm ET

Registration closes Jan. 9

Captives as an Alternate Risk Financing Technique | January 18 – 19 | 10:00 am – 5:00 pm ET Registration closes Jan. 17

Fundamentals of Insurance | January 25 – 26, 2023 | 9:00 am – 4:30 pm ET

Registration closes Jan. 24

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL

“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire

“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.

“Prioritizing People: Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients” | Sponsored by Gallagher Bassett

“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency

“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

“Insurance Investigation Trends Happening Now” | Sponsored by Travelers

“What Could a CRO Do for Your Business?” | Sponsored by Riskonnect

“Hard Reality: A Look at Rising Rates in Property & Excess Casualty” | Sponsored by AXA XL

“Property Valuation Deep Dive” | Sponsored by TÜV SÜD

“Property Loss Control Engineering” | Sponsored by Prudent Insurance Brokers

RIMS Publications, Content, and Links:

RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

RIMS Virtual Workshops

Upcoming RIMS — Virtual WorkshopsIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS-CRMP Chairman Ward Ching!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

Want to Learn More?

Keep up with the podcast on RIMS.org and listen on iTunes.

Have a question or suggestion? Email: [email protected].

Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.

Follow up with Our Guests:

Neeti Bhalla Johnson’s LinkedIn

Liberty Mutual Insurance

Tweetables (For Social Media Use):

“Access to … education is probably one of the single most important gifts that we can pass on.” — Neeti Bhalla Johnson

“I am very much a champion of DE&I – I lean into it!” — Neeti Bhalla Johnson

“DEI is not a ‘nice-to-have.’ This isn’t a box you have to tick. … It is a business imperative. … At the end of the day, whether you think about the communities we operate in … the clients that we work with … [or] the risks … you need to bring a diversity of perspective … to the table. Because we operate in the gray.” — Neeti Bhalla Johnson

“DEI is just a business imperative. It is who we need to be, it is how we need to think about our culture, it is how we need to embrace that mindset. Because, at the end of the day, it’s critical to our business; It is our business.” — Neeti Bhalla Johnson