RIMScast

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

 

There are always developments in global health that affect the public and organizations in the way of safety and travel and that’s why RIMScast is joined once again by Dr. Adrian Hyzler, the HX Global Chief Medical Officer, to give his seasonal update on COVID-19, public health, travel safety, and more!

 

In this update with Dr. Hyzler, he discusses travel risk management, how lifting the COVID-19 restrictions in the UK could set a precedent for other nations, the differences between the variants Omicron 1 and 2, and the precautions you should still be taking when it comes to protecting yourself against COVID-19. Dr. Hyzler also touches on other health developments that can impact individuals and organizations and positive news in the treatment of other known viruses such as HIV and malaria.

 

Key Takeaways:

[:01] About the RIMS App.

[:22] About RIMScast.

[:35] About today’s episode with Dr. Adrian Hyzler.

[:50] Upcoming RIMS webinars.

[1:40] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[2:09] More about today’s episode.

[2:40] Justin welcomes Dr. Adrian Hyzler back to RIMScast!

[3:36] The UK has been prominently in the news with regards to COVID-19. Justin and Dr. Hyzler discuss how Queen Elizabeth recently tested positive for COVID-19 at 95 years old.

[4:37] Has Dr. Hyzler met the queen?

[5:00] UK Prime Minister Boris Johnson recently announced that the UK is going to be lifting COVID-19 restrictions. Dr. Hyzler shares his reaction and thoughts.

[6:40] Dr. Hyzler’s thoughts on the UK government’s “Living with COVID-19” plan and what individuals and organizations should know about it.

[12:00] The difference between Omicron 1 and Omicron 2, and the worrying potentials with 2.

[13:52] Dr. Hyzler’s insights on the new study that came regarding the role of Vitamin D in mitigating severe COVID-19 symptoms.

[19:58] Has Dr. Hyzler traveled by plane recently? What was the experience like?

[22:29] How Dr. Hyzler feels overall about his ability to travel safely.

[23:23] Dr. Hyzler’s advice and personal experiences with indoor and outdoor events.

[24:31] Have there been any more huge breakthroughs with vaccines? Have there been any developments with regard to the WHO giving the green light to give children in Africa the only approved malaria vaccine?

[26:37] The first reported cure of HIV was chronicled in the U.S. in February 2022. What can we learn from this breakthrough?

[33:20] Justin thanks Dr. Adrian Hyzler for joining RIMScast and shares some additional links to check in today’s show notes.

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

RIMS 2022 RISKWORLD™ | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Advocacy

RIMS Buyers Guide

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

Sponsored RIMScast Episodes:

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

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

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

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

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

March 10, 2022 | “Emerging Risks in Renewable Energy” | Sponsored by TÜV SÜD Global Risk Consultants

March 17, 2022 | “Talent Risk: Get Ahead of Risk Management Succession Planning” | Sponsored by Gallagher

RISKWORLD Live Workshops:

April 9th‒10th, 2022 | “Contractual Risk Transfer” | Presented by RIMS

April 9th‒10th, 2022 | “Fundamentals of Insurance” | Presented by RIMS

April 9th‒10th, 2022 | “Fundamentals of Risk Management” | Presented by RIMS

April 9th‒10th, 2022 | “Managing Cognitive Bias Risk — Recognition & Avoidance Essentials” | Presented by RIMS

April 9th‒10th, 2022 | “RIMS-CRMP Prep” | Presented by RIMS

April 9th‒10th, 2022 | “Risk Appetite Management” | Presented by RIMS

April 9th‒10th, 2022 | “Applying and Integrating ERM” | Presented by RIMS

April 9th‒10th, 2022 | “Captives as an Alternate Risk Financing Technique” | Presented by RIMS

Virtual Workshops:

March 8-9 | “Contractual Risk Transfer Canada” | Enroll by March 7th, 2022

Related RIMScast Episodes:

“Travel Risk Management with Dr. Adrian Hyzler” — Nov. 22nd, 2021

“COVID-19 Variants, Long Haul and Safe Returns with Dr. Adrian Hyzler” — July 6th, 2021

“COVID-19 Update with Dr. Adrian Hyzler of HX Global” – Jan. 26th, 2021

“Safe Holiday Travel Tips with IIHS President David Harkey” — Nov. 24th, 2020

“An Update on COVID-19 with Dr. Adrian Hyzler Part 2” — Jun. 30th, 2020

“An Update on COVID-19 with Dr. Adrian Hyzler” — Jun. 23rd, 2020

“COVID-19 Update with Dr. Adrian Hyzler of HX Global” — Apr. 28th, 2020

“What Risk Professionals Should Know About the Coronavirus with Richard Lewis and Dr. Adrian Hyzler” — Feb. 18th, 2020

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

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:

Dr. Adrian Hyzler

 

Tweetables (For Social Media Use):

 

“I think, at the moment, we’re in a situation where we’re starting to look to this period where numbers are coming down [and] deaths are coming down.” — Dr. Adrian Hyzler

 

“Omicron 2 … is as different to Omicron 1 as Alpha is to the original Wuhan strain. They’re very different … and it could well be that Omicron 2 becomes its own Greek letter – but they’re still doing a lot of research.” — Dr. Adrian Hyzler

 

“[Research] found that Vitamin D alone did actually reduce the length of hospital stay and it did reduce the number of people who went into ITU.” — Dr. Adrian Hyzler

 

“Any talk around Vitamin D should be, yes, get yourself to healthy levels, but no, don’t think that this is a substitute for getting vaccinated because it absolutely isn’t.” — Dr. Adrian Hyzler

 

“The difference between a cloth mask and surgical masks, or N95s, is that those medical masks have an electrostatic charge that’s built into the fibers … that actually traps viral particles.” — Dr. Adrian Hyzler

 

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
Rejoining RIMScast once again is RIMS External Affairs Committee Chair, Lynn Haley Pilarski, to share all about the upcoming RIMS Advocacy initiatives in 2022. She highlights some of the key developments from the recent RIMS External Affairs Committee meetings so far in 2022, what’s brewing down the line, progress and updates regarding PRIA, RIMS initiatives regarding cyber security, and her position on autonomous vehicles as the Senior Risk Manager of General Motors.

 

There is a lot on the agenda to discuss today — so tune in to get your update on RIMS Advocacy 2022 with Lynn Pilarski!

 

Key Takeaways:

[:01] About the RIMS App.

[:22] About RIMScast.

[:35] About today’s episode with Lynn Haley Pilarski.

[:47] Upcoming RIMS offerings.

[1:17] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[1:47] More about today’s episode.

[2:12] Justin welcomes Lynn to RIMScast!

[2:22] Developments from the RIMS External Affairs Committee 2022 meetings.

[3:16] Lynn explains what PRIA is and why it has been her primary focus for the last several years.

[5:48] When does Lynn think we’ll hear news back about PRIA?

[6:54] 2022 RIMS initiatives regarding cyber security.

[11:18] Upcoming RIMS workshops and events.

[12:27] Megan Miller joins the podcast to share about the exciting events coming up for the Spencer Educational Foundation!

[12:47] Exciting news and events coming up in the first half of 2022 for the Spencer Educational Foundation.

[14:47] Justin thanks Megan for joining the podcast and shares where to learn more!

[15:06] Wearing her General Motors Senior Risk Manager hat, Lynn shares her position on autonomous vehicles.

[18:12] Putting on her RIMS hat, Lynn shares what is going to happen at RIMS regarding autonomous vehicles.

[19:00] About the upcoming, first-ever combined meeting with the RIMS External Affairs Committee and the RIMS RISK PAC.

[20:17] What Lynn can share about the possibility of a 2022 RIMS Legislative Summit.

[23:30] Lynn highlights the importance of attending a RIMS Legislative Summit.

[25:12] About Lynn’s upcoming session at RISKWORLDTM 2022 on April 12th.

[26:00] Justin thanks Lynn Haley Pilarski for joining RIMScast and shares some additional links to look out for in the show notes.

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

RIMS 2022 RISKWORLDTM | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Advocacy

RIMS Buyers Guide

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

Sponsored RIMScast Episodes:

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

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

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

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

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

Feb 23, 2022 | “Free Preview of Managing Cognitive Bias Risk – Recognition & Avoidance Essentials” | Presented by RIMS

March 10, 2022 | “Emerging Risks in Renewable Energy” | Sponsored by TÜV SÜD Global Risk Consultants

March 17, 2022 | “Talent Risk: Get Ahead of Risk Management Succession Planning” | Sponsored by Gallagher

RISKWORLD Live Workshops:

April 9th‒10th, 2022 | “Contractual Risk Transfer” | Presented by RIMS

April 9th‒10th, 2022 | “Fundamentals of Insurance” | Presented by RIMS

April 9th‒10th, 2022 | “Fundamentals of Risk Management” | Presented by RIMS

April 9th‒10th, 2022 | “Managing Cognitive Bias Risk — Recognition & Avoidance Essentials” | Presented by RIMS

April 9th‒10th, 2022 | “RIMS-CRMP Prep” | Presented by RIMS

April 9th‒10th, 2022 | “Risk Appetite Management” | Presented by RIMS

April 9th‒10th, 2022 | “Applying and Integrating ERM” | Presented by RIMS

April 9th‒10th, 2022 | “Captives as an Alternate Risk Financing Technique” | Presented by RIMS

Virtual Workshops:

Claims Management: Build a world-class claims administration program for your organization. Feb. 23-24 – Enroll Now!

Related RIMScast Episodes:

“Advocacy Update from The Hill with Lynn Haley Pilarski” (Nov 2021)

“Driving Legislative Change: Advocacy Update with Bland Memorial Award Winner, Lynn Haley Pilarski”

“RIMS Advocacy in 2021”

“Post-Election Update with Whitney Craig”

“What TRIA’s Reauthorization Means for the Risk Management Community”

“Dr. Daniel Kaniewski on FEMA Resilience”

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

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:

Lynn Haley Pilarski’s LinkedIn

 

Tweetables (For Social Media Use):

 

“The RIMS External Affairs Committee has focused on federal legislation important to members, such as the National Flood Insurance Program. … The last couple of years, our focus has been on pandemic-related risk issues, including … our big focus, PRIA. ” — Lynn Haley Pilarski

 

“We all have become very dependent on technology, and the bad actors are out there, so we need some rules. How do we protect our personal data? How do we protect our systems that are critical? … From a corporate … and … a federal government standpoint.” — Lynn Haley Pilarski

 

“If we had one standard [for the cyber insurance market], it would help with baseline rules for compliance and … let our underwriters become more comfortable with the exposures, and stabilize the insurance market – because we need all the help we can get.” — Lynn Haley Pilarski

 

“There’s no experience like [the RIMS Legislative Summit]. You will walk away just feeling empowered … [thinking], ‘I have the ability to make a change.’” — Lynn Haley Pilarski

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

Every risk professional experiences burnout at some point — and the past two years have certainly pushed many of us to both our mental and physical limits.

 

In this episode, Rachel Sheerin joins Justin Smulison to offer her tips and advice to combat and harness workplace burnout. Rachel is an award-winning keynote speaker, trainer, and author with a focus on helping people thrive at work and home.

 

Known as the “Brené Brown of Burnout,” Rachel lends invaluable insights into what you need to know about maintaining happiness and avoiding burnout in all aspects of your life. She also offers her own philosophy on perseverance and shares a previous of her upcoming keynote at RISKWORLD on April 11th, 2022! Don’t miss out.

 

Key Takeaways:

[:01] About the RIMS App.

[:22] About RIMScast.

[:35] About today’s episode with Rachel Sheerin.

[:48] Upcoming RIMS offerings.

[1:11] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[1:42] More about today’s episode with Rachel Sheerin.

[2:14] Justin welcomes Rachel to RIMScast!

[2:48] Rachel shares the history of her career and what led her to RIMS and RISKWORLD.

[6:32] How COVID-19 has exasperated burnout.

[9:55] Is burnout more prevalent among professionals with hybrid work environments?

[14:20] Upcoming RIMS workshops and events.

[15:23] Megan Miller joins the podcast to share about the exciting events coming up for the Spencer Educational Foundation!

[17:57] What risk professionals should know about the common misconceptions around success and happiness.

[22:22] Megan’s tips for avoiding and recovering from burnout.

[25:55] Megan’s advice for those experiencing anxiety about returning to work.

[28:27] Megan gives a small preview of her April 11th keynote at RISKWORLD 2022.

[30:24] Justin thanks Rachel for joining RIMScast and shares some additional links to look out for in the show notes.

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

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

Sponsored RIMScast Episodes:

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

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

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

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

March 10, 2022 | “Emerging Risks in Renewable Energy” | Sponsored by TÜV SÜD Global Risk Consultants

RISKWORLD Live Workshops:

April 9th‒10th, 2022 | “Contractual Risk Transfer” | Presented by RIMS

April 9th‒10th, 2022 | “Fundamentals of Insurance” | Presented by RIMS

April 9th‒10th, 2022 | “Fundamentals of Risk Management” | Presented by RIMS

April 9th‒10th, 2022 | “Managing Cognitive Bias Risk — Recognition & Avoidance Essentials” | Presented by RIMS

April 9th‒10th, 2022 | “RIMS-CRMP Prep” | Presented by RIMS

April 9th‒10th, 2022 | “Risk Appetite Management” | Presented by RIMS

April 9th‒10th, 2022 | “Applying and Integrating ERM” | Presented by RIMS

April 9th‒10th, 2022 | “Captives as an Alternate Risk Financing Technique” | Presented by RIMS

Virtual Workshops:

Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register Now!

Related RIMScast Episodes:

“How Risk Professionals Can Avoid Digital and Remote Burnout with Dr. Gleb Tsipursky”

“Mental Health in the Workplace with Darcy Gruttadaro”

“Looking to 2022 with Spencer Educational Foundation Executive Director Megan Miller”

“RIMS 2021 Goodell Award Winner Pamela L. Popp”

“Career Notes: RIMS Live 2021 Speaker Jade Simmons Talks Risk and Music”

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

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:

Rachel Sheerin’s Website

 

Tweetables (For Social Media Use):

 

“What we have done previously is not going to work for what’s coming in tomorrow’s world.” — Rachel Sheerin

 

“Change is at the root of everything right now. We have all … gone through change together [with COVID-19].” — Rachel Sheerin

 

“Instead of saying, ‘Burnout is because of failure,’ [say], ‘Burnout is because I care so much. … I’m coming back from it time and time again. Burnout’s here to help me stay on track and make sure that all of this hard work is because I’m living a life I love.’” — Rachel Sheerin

 

“Acknowledging is power. We out tempted to keep on just racing past things, but if you let things fester, [that’s] no good.” — Rachel Sheerin

 

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

 

Artificial intelligence, autonomous vehicles, and data gathering are all intersecting on roadways around the world. Here today to help navigate these emerging risks is Mike Nelson, the founder and CEO of Quantiv Risk! Mike has 40 years of legal, automotive, and insurance experience and is currently evaluating hundreds of accidents involving Advanced Driver Assistance Systems (ADAS).

 

Put your pedal to the metal and strap in for this week’s episode all about the technological, legal, and risk-related developments in the areas of AI, autonomous vehicles, and automated driving!

 

Key Takeaways:

[:01] About the RIMS App.

[:22] About RIMScast.

[:34] About today’s episode with Mike Nelson.

[:44] Upcoming RIMS offerings.

[1:05] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[1:38] More about today’s episode with Mike Nelson.

[2:15] Justin welcomes Mike to RIMScast!

[2:25] Mike Nelson shares about his career and his risk management history.

[3:08] Why AI is relevant to the insurance industry and the risk profession.

[4:48] Developments that have arisen in the area of automated driving and traffic/crash data.

[6:04] The first step to autonomous driving, ADAS, and what it means.

[7:00] The legislation that risk professionals should be aware of when it comes to automated driving.

[8:24] Mike shares his thoughts around the U.S. House panel that will be held on Feb. 3rd on self-driving vehicles.

[11:20] Upcoming RIMS webinars and the RIMS Buyers Guide.

[12:25] Megan Miller joins the podcast to share about the exciting events coming up for the Spencer Educational Foundation!

[15:08] Mike highlights the other information technologies (in addition to AI) that are making an impact on insurance.

[16:07] By the time autonomous vehicles are the norm, what does Mike forecast (in terms of auto insurance)?

[17:18] How Mike feels that AI will further enhance the future of the risk profession.

[19:19] Mike’s words of wisdom for the glocal risk management community.

[20:26] Justin thanks Mike Nelson for joining RIMScast and shares some additional links to look out for in the show notes.

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

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

Sponsored RIMScast Episodes:

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

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

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

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

Feb. 8, 2022 | RIMS Virtual Workshop Preview: “Captives as an Alternate Risk Financing Technique” | Presented by RIMS

Feb. 9, 2022 | “Recertification: Keep Your RIMS-CRMP Active” | Presented by RIMS

April 9th‒10th, 2022 | “Contractual Risk Transfer” | Presented by RIMS

April 9th‒10th, 2022 | “Fundamentals of Insurance” | Presented by RIMS

April 9th‒10th, 2022 | “Fundamentals of Risk Management” | Presented by RIMS

April 9th‒10th, 2022 | “Managing Cognitive Bias Risk — Recognition & Avoidance Essentials” | Presented by RIMS

April 9th‒10th, 2022 | “RIMS-CRMP Prep” | Presented by RIMS

April 9th‒10th, 2022 | “Risk Appetite Management” | Presented by RIMS

April 9th‒10th, 2022 | “Applying and Integrating ERM” | Presented by RIMS

April 9th‒10th, 2022 | “Captives as an Alternate Risk Financing Technique” | Presented by RIMS

Virtual Workshops:

Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register Now!

More About AI, automated driving, and emerging technology on RIMScast and Risk Management Magazine:

RIMScast: “AI and Autonomous Vehicles with Stephen S. Wu”

Risk Management Magazine: “Robotic Process Automation for Risk and Compliance”

Risk Management Magazine: “Hacking Cars”

Risk Management Magazine: “Artificial Intelligence and Professional Liability”

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

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:

Mike Nelson’s Profile

Quantiv Risk

 

Tweetables (For Social Media Use):

 

“A lot of people refer to this concept of autonomous vehicles [but] we’re really not anywhere near an autonomous vehicle world. We’re in — what a lot of people would call — automated driving.” — Mike Nelson

 

“The first step on this road to [automated driving] is called ADAS … Advanced Driver Assistance Systems.” — Mike Nelson

 

“I think the biggest part of [AI enhancing the future of the risk profession] is [that] … it’s [currently] hard to quantify the factors [of specific] events … without the use of AI.” — Mike Nelson

 

“The one thing … risk managers really need to be careful with … is … artificial intelligence is prone to bias; … it can overstate what [a] pattern represents. You really have to be careful that what you think is a pattern … is not being … overly relied upon.” — Mike Nelson

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

 

The Spencer Educational Foundation has a lot of exciting things planned for 2022 — from award scholarships to internship opportunities to the Risk Manager on Campus program (and more!)

 

Joining RIMScast today to discuss all that the Spencer Educational Foundation has coming up is the Executive Director, Megan Miller! Megan shares about Spencer Day (Feb. 28th), their in-person gala (Sept. 22nd), what she is personally looking most forward to with Spencer this year, and other exciting news that you’ll have to tune in for to find out about!

 

Key Takeaways:

[:01] About the RIMS App.

[:22] About RIMScast.

[:34] About today’s episode with Megan Miller.

[:45] Upcoming RIMS offerings.

[1:07] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[1:40] More about today’s episode with Megan Miller.

[2:03] Justin welcomes Megan to RIMScast!

[2:11] Megan shares about her role with Spencer.

[2:51] Megan highlights some of the exciting events and activities coming up for Spencer.

[5:21] Last year’s honorees of Spencer’s gala.

[5:55] Megan shares her excitement for hosting in-person events at this year’s RIMS RiskTech Forum.

[6:42] About Spencer and RIMS's strong partnership and what to look forward to this year.

[8:25] Upcoming RIMS webinars and the RIMS Buyers Guide.

[9:32] Exciting news for Spencer Educational Foundation.

[11:09] What Megan is personally most looking forward to for Spencer this year.

[12:04] Is Spencer’s Risk Manager on Campus program coming back in 2022? How do you apply?

[12:38] How and where to learn more about Spencer and all of its wonderful programs!

[13:32] Justin thanks Megan Miller for joining RIMScast and shares some additional links to look out for in the show notes.

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

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

Sponsored RIMScast Episodes:

Risk Findings for the Industrial & Manufacturing Industry | Sponsored by Aon

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

Feb. 3, 2022 | “Are You Prepared for the Changing Environmental Risk Landscape?” | Sponsored by Beazley

Feb. 8, 2022 | RIMS Virtual Workshop Preview: “Captives as an Alternate Risk Financing Technique” | Presented by RIMS

Feb. 9, 2022 | “Recertification: Keep Your RIMS-CRMP Active” | Presented by RIMS

Virtual Workshops:

Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register Now!

More About Spencer and Philanthropy on RIMScast:

“Funding the Future with RIMS CEO Mary Roth”

“All About the Spencer Educational Foundation with Marya Propis and Jeanna Madlener”

“Your LinkedIn Profile and the Path to the Boardroom”

“The Future of ERM with Dr. Andrea Bonime-Blanc”

“Women’s Advancement in the Risk Profession”

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

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:

Megan Miller’s LinkedIn

Spencer Educational Foundation

 

Tweetables (For Social Media Use):

 

“[Spencer Day] is really … an awareness day. … It’s really to celebrate our Spencer Scholars and also acknowledge the companies that employ them. And so, we’re looking forward to that at the end of next month!” — Megan Miller

 

“Spencer really grew out of RIMS. We were formed by the Atlanta Chapter [and] we’ve been housed in the RIMS’ offices for decades.” — Megan Miller

 

“[Spencer’s Risk Manager on Campus is] a great program … where universities and colleges can apply for grants to have risk managers come … and teach the classes for a 1‒3 day residency. That application opens on April 1st and it’ll close on August 31st [2022].” — Megan Miller

 

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

 

In this episode, Justin is joined by the President of DF Safety, Dave Ferro, to discuss occupational safety and risk management in 2022.

 

Dave Ferro is an occupational health and safety expert with over 25 years of experience. He is a Canadian Registered Safety Professional, a Construction Safety Officer, and a member of the Canadian Society of Safety Engineering.

 

Dave shares his insights on the current state of safety risks in 2022; offers actionable tips to use against the backdrop of COVID-19, climate change, and the great resignation for risk management professionals; and speaks about the techniques, programs, and processes that he has found most effective.

 

Key Takeaways:

[:01] About the RIMS App.

[:23] About RIMScast.

[:35] About today’s episode.

[:41] Upcoming RIMS current offerings.

[1:27] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[2:09] More about today’s episode with Dave Ferro.

[2:35] Justin welcomes Dave Ferro to RIMScast!

[3:16] Winter safety tips for risk management professionals when it comes to the workforce.

[5:30] How the great resignation is impacting safety conditions and risks at work.

[8:26] How COVID-19 factors into the great resignation.

[9:27] How can companies safely reopen after initial and subsequent shutdowns due to COVID-19?

[11:13] Upcoming RIMS webinars.

[12:47] Techniques, programs, and processes that Dave has found most effective.

[14:53] Emerging safety risks that deserve more focus and Dave’s suggestions around addressing them against the backdrop of COVID-19.

[17:28] Dave’s words of advice for risk management professionals in 2022.

[20:10] Justin thanks Dave Ferro for joining RIMScast and shares some additional links to check out in this episode’s show notes.

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

TechRisk/RiskTech | RIMS Virtual Event Jan. 26‒27, 2022 — Register Today!

RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

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

RIMS Report: Using Incident Management to Mitigate Risk

Sponsored RIMScast Episodes:

Risk Findings for the Industrial & Manufacturing Industry | Sponsored by Aon

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

Feb. 3, 2022 | “Are You Prepared for the Changing Environmental Risk Landscape?” | Sponsored by Beazley

Feb. 8, 2022 | RIMS Virtual Workshop Preview: “Captives as an Alternate Risk Financing Technique” | Presented by RIMS

Feb. 9, 2022 | “Recertification: Keep Your RIMS-CRMP Active” | Presented by RIMS

Virtual Workshops:

“Applying and Integrating ERM” — This workshop prepares you to develop and integrate a practical ERM approach that creates and protects organizational value while improving efficiencies, Feb. 1‒2, 2022 — Register Now!

Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register Now!

More Workplace Safety on RIMScast:

“Safety Does Not Pause: Employee Hazards During COVID-19 with NSC President & CEO Lorraine Martin”

“Fatigue Risk Management with NSC’s Emily Whitcomb”

“International Codes and Standards with Chris Wieczorek”

“Navigating Shipping Risks in 2022 with Capt. Rahul Khanna”

“Fleet Safety with NETS Executive Director Susan Gillies”

“Mental Health in the Workplace with Darcy Gruttadaro”

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

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

National Human Trafficking Prevention Month (U.S. Department of State)

Kimberly Mehlman-Orozco’s Website

 

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:

Dave Ferro’s LinkedIn

DF Safety

 

Tweetables (For Social Media Use):

 

“The winter thing that causes us the most injuries up here — at least on the job site — are simple slips, trips, and falls.” — Dave Ferro

 

“There’s a lot of ways the safety risks would be heightened [with the great resignation]. When we have fewer people, we have the one obvious problem of fatigue and extra hours. … Fatigue has really come to the forefront with safety.” — Dave Ferro

 

“Physical distancing [with COVID-19] is huge … [and] it doesn’t hurt to do extra cleanliness … like hand sanitizer.” — Dave Ferro

 

“Just like every other safety issue, the more planning you do, the better off you’re going to be when something happens.” — Dave Ferro

 

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

 

January is National Human Trafficking Prevention Month, the month dedicated to raising awareness about human trafficking, educating the public on how to identify and prevent this crime, and celebrating the efforts of organizations, governments, law enforcement, and advocates that are making an effort to raise awareness.

 

In this episode, Justin Smulison is joined by author and human trafficking expert, Kimberly Mehlman-Orozco, to shine a light on this global problem and share her insights on what risk professionals can do to identify and help victims of trafficking.

 

Dr. Kimberly Mehlman-Orozco is an accomplished survey methodologist, research scientist, and quantitative and qualitative consultant on issues related to human trafficking. She is also the CEO of Break the Chain, the Executive Director of Freedom Light, and the author of Hidden in Plain Sight: America's Slaves of the New Millennium, and was recently a guest speaker at RIMS Live 2021!

 

Kimberly shares how risk professionals can ensure their organizations know how to train their employees to spot the signs and properly report human trafficking, how the current remote-fueled world impacts modern slavery, the industries that are the highest risk for trafficking, and her insights on what we can all do to address this issue as a collective.

 

Key Takeaways:

[:01] Do you want to reach risk professionals around the world? Here’s how to sponsor RIMScast.

[:24] About RIMS’ Global Membership and RIMScast.

[:36] About today’s episode.

[:47] Upcoming RIMS current offerings.

[1:35] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[2:12] More about today’s episode with Kimberly Mehlman-Orozco.

[3:05] Justin welcomes Kimberly Mehlman-Orozco to RIMScast!

[3:21] Kimberly shares about her past appearances at RIMS events and her career background.

[5:28] About Kimberly’s book, Hidden in Plain Sight: America's Slaves of the New Millennium, and how it is used to train law enforcement.

[7:06] How does the current remote-fueled world impact modern slavery and human trafficking?

[10:17] How and why the detection training needs to change with an increasingly virtual world.

[11:09] Why trafficking is extremely hard to identify and what we can all do to identify it and address it together.

[13:44] Kimberly shares key takeaways from those who have unwittingly assisted or interacted with human traffickers.

[15:51] How Kimberly advises risk professionals and businesses (with training and reporting) regarding human trafficking.

[22:17] Upcoming RIMS webinars, the RIMS Buyers Guide, and the RIMS 2022 RISKWORLD.

[24:08] Why it is more challenging in the era of COVID-19 to help protect and identify victims of human trafficking and modern slavery, and Kimberly’s recommendations for businesses on preventative measures as well as what they can do if they encounter a situation.

[27:25] How does a high-profile case and verdict, such as the recent Ghislaine Maxwell sentencing, help shine a light on human trafficking during the National Human Trafficking Prevention Month?

[33:29] Tourism, travel, and hospitality are the major industries that may be susceptible to human trafficking. Outside of these, are there any other industries that are at high risk?

[37:22] Justin thanks Kimberly Mehlman-Orozco for joining RIMScast and shares some additional links to check out in this episode’s show notes.

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

TechRisk/RiskTech | RIMS Virtual Event Jan. 26‒27, 2022 — Register Today!

RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Sponsored RIMScast Episodes:

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

Feb. 3, 2022 | “Are You Prepared for the Changing Environmental Risk Landscape?” | Sponsored by Beazley

Feb. 8, 2022 | RIMS Virtual Workshop Preview: “Captives as an Alternate Risk Financing Technique” | Presented by RIMS

Feb. 9, 2022 | “Recertification: Keep Your RIMS-CRMP Active” | Presented by RIMS

Virtual Workshops:

“Applying and Integrating ERM” — This workshop prepares you to develop and integrate a practical ERM approach that creates and protects organizational value while improving efficiencies, Feb. 1-2th — Register Now!

Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register Now!

More About Human Trafficking and Modern Slavery on RIMScast:

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

“Navigating Shipping Risks in 2022 with Capt. Rahul Khanna”

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”

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

National Human Trafficking Prevention Month (U.S. Department of State)

Kimberly Mehlman-Orozco’s Website

 

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 and Twitter, and LinkedIn.

 

Follow up with Our Guest:

Kimberly Mehlman-Orozco’s Website

Hidden in Plain Sight: America's Slaves of the New Millennium, by Kimberly Mehlman-Orozco
Break the Chain

Freedom Light

 

Tweetables (For Social Media Use):

 

“The reality is, the average person is thinking of trafficking like something out of the movie, Taken, where you have a clearly innocent victim and these gun-wielding mobsters. … In reality, trafficking is really [not that clear].” — Kimberly Mehlman-Orozco

 

“I really think that … instead of pointing fingers and putting the blame on various parties, it’s a collaborative effort. We actually do need to learn a lot more on how to … combat this issue [of human trafficking].” — Kimberly Mehlman-Orozco

 

“I want to help organizations and businesses protect victims of trafficking and prevent these crimes from happening … and facilitate the prosecution of offenders. Those are the goals of the TVPRA [Trafficking Victims Protection Reauthorization Act].” — Kimberly Mehlman-Orozco

 

“It’s really important to continually educate, evaluate, [and ask], ‘Are my employees retaining this information?’ … When you do see something, and … report it to law enforcement, keep a log of the efforts … to ensure that … your premises are safe.” — Kimberly Mehlman-Orozco

 

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

 

In today’s first RIMScast episode of 2022, Justin Smulison is joined by the CEO of Resolver, Will Anderson, to discuss his path to the Boardroom.

 

Will shares his personal experience with pitching a risk management program to another board, offers helpful presentation tips and strategies that risk professionals can use as they prepare their own pitches, and shares his general experience and insights as a board member for other companies.

 

If you’re a risk professional on the path to the boardroom, this is a not-to-miss edition of RIMScast.

 

Key Takeaways:

[:01] Do you want to reach risk professionals around the world? Here’s how to sponsor RIMScast.

[:24] About RIMS’ Global Membership and RIMScast.

[:36] About today’s episode.

[:47] Upcoming RIMS current offerings.

[1:14] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[1:52] More about today’s episode with Will Anderson.

[2:14] Justin welcomes Will Anderson to RIMScast!

[2:22] Will tells about his risk management background leading up to becoming the CEO of Resolver.

[3:08] About the board that Will sits on.

[3:27] How Will successfully pitched a risk management program to the board he sits on.

[4:59] What Sarbanes-Oxley (SOX) is and how it guides risk managers on what they should vs. should not do.

[6:01] Before pitching a successful risk management program, did Will have previous experience pitching to other boards?

[6:38] Was pitching to a board a very formal process?

[7:11] How Will and the audit committee prepare for finding a risk consultancy to work with.

[7:44] Will outlines the next steps asking several consultancies to pitch to them.

[8:19] After helping match the company with a mature risk program, did Will take a backseat as a board member?

[9:19] How Will was able to establish that a risk program was mature.

[10:10] The final results of the risk program that the company went with.

[10:57] Is this process still ongoing? Will they be revisiting the risk program?

[11:45] Would Will say that this was an overall positive and rewarding experience?

[13:09] About the RIMS Mobile App, the RIMS Buyers Guide, and the RIMS 2022 RISKWORLD.

[15:17] Will’s advice to risk professionals who have a good idea/good method and need to pitch to a board.

[16:19] Will’s advice to risk professionals that have the right idea or right direction but struggle with “selling it.”

[17:06] Will shares how he has been seeing more risk professionals/managers who have achieved board-level status.

[17:44] Has Will met any CEOs with a risk background?

[18:20] Will’s advice for risk managers/professionals — particularly rising stars — who are trying to navigate the landscape in 2022 and beyond.

[19:49] Does Will rehearse his pitches beforehand? How does he prepare?

[20:47] Will’s advice for anybody pitching to a board member.

[24:05] Justin thanks Will Anderson for joining RIMScast and shares where to access the full interview, as well as some of the other links to look out for in this episode’s show notes.

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

TechRisk/RiskTech | RIMS Virtual Event Jan. 26‒27, 2022 — Register Today!

RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Visit the RIMS Path to the Boardroom Page

Sponsored RIMScast Episodes:

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

Feb. 3, 2022 | “Are You Prepared for the Changing Environmental Risk Landscape?” | Sponsored by Beazley

Virtual Workshops:

RIMS-CRMP Exam Prep (Date: January 11‒12, 2022) Start your RIMS-CRMP journey today at this interactive virtual prep workshop. You will learn about the exam domains, prepare with case studies and hands-on exercises, and tackle sample exam questions — Register here!

Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register by Jan. 17 to save $200!

Risk Appetite Management: This senior-level, virtual workshop teaches you how to navigate the complex and critical area of risk appetite management and how to develop a risk appetite framework that clarifies your company’s position on risk-taking. January 18-19, 2022 — Register by Jan. 17!

More ESG on RIMScast:

“ESG and the Board with Luke Jacobs of Encamp”

“A Glimpse of the ‘The Reputation Premium’ with Nir Kossovsky”

“The Future of ERM with Dr. Andrea Bonime-Blanc”

“Joseph W. Mayo on ESG Events and How They Impact the Risk Management Community”

“The Current State of the Risk Management Profession’s Talent Supply, Future Outlooks, and the Influence of Diversity and Inclusion Programs”

“The Tragedy of the Commons with Les Williams”

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

Spencer Educational Foundation

RIMS DEI Council

 

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 and Twitter, and LinkedIn.

 

Follow up with Our Guest:

Will Anderson’s LinkedIn
Resolver

 

Tweetables (For Social Media Use):

 

“The purpose of risk is to drive better results. So, SOX is certainly a component of a risk program and they interact. But a mature risk program is really thinking more about the objectives and the strategy of the business, and where you want to take it.” — Will Anderson

“I would say that risk and SOX are somewhat separate, although related, and should be integrated. ” — Will Anderson

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

 

With 2021 coming to a close, Justin Smulison is once again joined by the RIMS Director of Publications and Risk Management Magazine’s Editor-in-Chief, Morgan O’Rourke. Together, they discuss this year’s edition of Risk Management Magazine’s “Year in Risk.”

 

Morgan highlights key articles in the 2021 “Year in Risk” RM Magazine, discusses 2021’s risk timeline, some of the unexpected positives from 2021, key points on innovation, and insight into how Morgan chose which events to feature in this year’s recap.

 

For more information or to get your copy (available both digitally and in print), follow along at RMMagazine.com.

 

Key Takeaways:

[:01] Do you want to reach risk professionals around the world? Here’s how to sponsor RIMScast.

[:24] About RIMS’ Global Membership and RIMScast.

[:36] About today’s episode.

[:44] Upcoming RIMS current virtual offerings.

[1:28] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[2:07] More about today’s episode with RIMS Publications Director Morgan O’ Rourke.

[2:38] Justin welcomes Morgan O’Rourke back to RIMScast!

[3:16] Morgan shares about the RIMS Mobile App and what it took, behind-the-scenes, to launch it.

[7:05] Where to get your hands on the latest Risk Management Magazine’s “Year in Risk” 2021 edition.

[8:00] Morgan discusses vaccine mandates in NYC for private companies and what risk management professionals need to take away from this information.

[9:54] About the “Optimizing Politically-Exposed Persons Screening” article and why it is so critical to read.

[11:59] Key points on innovation from the articles within the “Year in Risk” 2021 edition.

[14:44] The timeline of creating the “Year in Risk” 2021.

[16:04] Morgan shares the struggles of having to choose which events and people to highlight within the “Year in Risk.”

[19:52] With businesses looking to expand their risk team(s) in order to handle the breadth of current-world calamities, is there an opportunity for risk managers more than ever before?

[21:04] Morgan highlights some of the positives from the past year.

[22:14] About the RIMS Mobile App, the RIMS Buyers Guide, and the RIMS 2022 RISKWORLD.

[24:11] Morgan shares how he deals with isolation professionally as a Publications Director, as well as personally.

[28:07] Morgan shares his excitement for the upcoming 2022 RISKWORLD event.

[30:17] Justin and Morgan talk stage fright, overcoming nerves, and presenting in front of others.

[34:55] As Morgan looks to 2022, what does he think the global risk management community should be thinking about?

[37:21] Justin thanks Morgan O’ Rourke for joining RIMScast once again and shares some of the links to look out for in this episode’s show notes!

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

TechRisk/RiskTech | RIMS Virtual Event Jan. 26‒27, 2022 — Register Today!

RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Sponsored RIMScast Episodes:

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars:

Jan. 20, 2022 | “The CISO’s Role in Driving Trust: Why it Matters, How to Define it, and What Success Looks Like” | Sponsored by OneTrust

Feb. 3, 2022 | “Are You Prepared for the Changing Environmental Risk Landscape?” | Sponsored by Beazley

Virtual Workshops:

RIMS-CRMP Exam Prep (Date: January 11‒12, 2022) Start your RIMS-CRMP journey today at this interactive virtual prep workshop. You will learn about the exam domains, prepare with case studies and hands-on exercises, and tackle sample exam questions — Register here!

Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register by Jan. 17 to save $200!

Risk Appetite Management: This senior-level, virtual workshop teaches you how to navigate the complex and critical area of risk appetite management and how to develop a risk appetite framework that clarifies your company’s position on risk-taking. January 18-19, 2022 — Register by Jan. 17!

More About Major Risk Management Topics on RIMScast:

“2020 in Review with Risk Management Magazine Editor-in-Chief, Morgan O’Rourke”

“Climate Change, Business Interruption, and the 2021 Hurricane Season”

“RIMS 2021 Risk Manager of the Year: Michael Harrington”

Recent Risk Management Magazine coverage of Shipping and Supply Chain Risk:

“Shipping Risks Strain Global Supply Chains”

“Managing Supply Chain Disruption”

“Managing Supply Chain Legal Risks”

“Going Lo-Fi At Sea To Reduce Cyberrisk”

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

Spencer Educational Foundation

RIMS DEI Council

 

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 and Twitter, and LinkedIn.

 

Follow up with Our Guest:

Morgan O’Rourke’s LinkedIn

 

Tweetables (For Social Media Use):

 

“[Vaccine mandates in other areas is] one of those things that I think risk managers will do well to … pay attention to because you don’t know if it’s going to impact your specific operation at some point. And these days, everybody’s got operations all over.” — Morgan O’Rourke

 

“The flip side of the coin on a lot of the bad stuff that happens is that it makes us more resilient if we handle it, react to it, and are aware of it.” — Morgan O’Rourke

 

“Trying to stay in communication with everyone is the best way to … head off that isolation effect. It’s not going to be 100% perfect … but … trying to communicate — even if it’s not your style or comfort zone —  … [is the most important thing]. ” — Morgan O’Rourke

 

“I think a lot of the things we need to look at when we’re looking at risks are going to be not just the event, but … the broader impact of the event.” — Morgan O’Rourke

 

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

 

The international shipping industry is responsible for transporting around 90% of all international trade which has rebounded during the sharp falls we experienced during the pandemic. Capt. Rahul Khanna, the Global Head of Marine Risk Consulting at Allianz Global Corporate & Specialty in London, joins RIMScast today to discuss maritime, shipping risks, and the global supply chain.

 

In this episode, Capt. Rahul Khanna shares how the shippers are now busier than ever with the global nature of this sector and the lack of spare capacity within it. He speaks about the impact that COVID-19 has had on supply chains, the pros and cons of chartering your own container ship as a company, maritime risk advancements, and the biggest supply chain risks that he is seeing regarding vaccine distributions.

 

Be sure to tune in for this deeply fascinating conversation with the first captain to join the podcast, Capt. Rahul Khanna!

 

Key Takeaways:

[:01] Do you want to reach risk professionals around the world? Here’s how to sponsor RIMScast.

[:24] About RIMS’ Global Membership and RIMScast.

[:36] About today’s episode with Capt. Rahul Khanna.

[:47] Upcoming RIMS current virtual offerings.

[1:30] About the upcoming two-day virtual event: 2022 RIMS RiskTech Forum.

[2:11] More about today’s episode with Capt. Rahul Khanna.

[2:45] Justin welcomes Capt. Rahul Khanna to the podcast!

[3:14] Capt. Rahul Khanna shares about his career and what has led him to becoming the Global Head of Marine Risk Consulting at Allianz Global Corporate & Specialty.

[5:06] How supply chain issues are making it harder for companies to keep shelves stocked.

[7:10] How does the news of new variants, like the Omicron variant, impact supply chains?

[10:10] When Capt. Rahul Khanna was piloting his own ship, how big was his crew?

[10:44] Was Capt. Rahul Khanna ever a captain of a cruise ship?

[10:55] Capt. Rahul Khanna describes how it felt to pilot a ship for the very first few times.

[11:42] Some companies are chartering their own container ships. What are the pros and cons of doing that in the current state of the world?

[14:30] About the RIMS Mobile App, the RIMS Buyers Guide, and the RIMS 2022 RISKWORLD.

[16:08] The biggest supply chain risks that Capt. Rahul Khanna is seeing, regarding vaccine distributions and where along the chain he is seeing these risks originate most frequently.

[19:14] When distributing vaccine shipping around the world, how is security a factor when the ship gets to more hostile areas or countries? How would you account for your crew and cargo?

[23:11] Aside from COVID-19, what are the biggest supply chain risks we should be expecting in 2022?

[27:51] Developments regarding maritime risk that Capt. Rahul Khanna is excited for.

[30:57] Capt. Rahul Khanna shares some parting words of advice to the global risk management community.

[32:44] Justin thanks Capt. Rahul Khanna for joining RIMScast and shares some of the links to look out for in this episode’s show notes!

 

Mentioned in this Episode:

RIMS Events, Education, and Services:

TechRisk/RiskTech | RIMS Virtual Event Jan. 26‒27, 2022 — Register Today!

RIMS 2022 RISKWORLD | April 10‒13 in San Francisco! — Register now for advance rate pricing!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Sponsored RIMScast Episodes:

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

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

“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

NEW RIMSCAST VIDEO: “Climate Change and Insurance: A Fireside Chat with Dev Bhutani and Deepak Madan” | Sponsored by Prudent Insurance Brokers Ltd.

Webinars & Virtual Workshops:

RIMS-CRMP Exam Prep (Date: January 11‒12, 2022) Start your RIMS-CRMP journey today at this interactive virtual prep workshop. You will learn about the exam domains, prepare with case studies and hands-on exercises, and tackle sample exam questions — Register here!

Attend the RIMS-CRMP-FED Exam Prep Virtual Workshop presented with George Mason University, February 15‒17, 2022 — Register by Jan. 17 to save $200!

More About Shipping and Supply Chain Risk on RIMScast:

“E-Commerce’s Impact on Fire Safety in Supply Chains with Leonard Ramo”

“How COVID-19 Has Impacted the Global Supply Chain with Thomas Cook”

“Fleet Safety with NETS Executive Director Susan Gillies”

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

Recent Risk Management Magazine coverage of Shipping and Supply Chain Risk:

“Shipping Risks Strain Global Supply Chains”

“Managing Supply Chain Disruption”

“Managing Supply Chain Legal Risks”

“Going Lo-Fi At Sea To Reduce Cyberrisk”

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 Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!

Spencer Educational Foundation

RIMS DEI Council

 

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 and Twitter, and LinkedIn.

 

Follow up with Our Guest:

Capt. Rahul Khanna’s LinkedIn

Capt. Rahul Khanna’s Twitter

 

Tweetables (For Social Media Use):

 

“Technology [provides] a lot of opportunities to make our supply chains … efficient, … fast, and safer. … Can we dial our focus from just maintaining them to looking [toward] the future … so that when we have another big problem, … we are … prepared?” — Capt. Rahul Khanna

 

“What the pandemic has shown us … [is] how intricately we are connected to each other. A problem in one part of the globe affects the other part of the globe … and this has been evident in the last year or so.” — Capt. Rahul Khanna

 

“To solve these problems, we cannot work in isolation. It has to be a coordinated effort, globally.” — Capt. Rahul Khanna