RIMScast

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

This week on the podcast, Justin is joined by the co-founder and co-CEO of LOOP, Carey Anne Nadeau. Founded in 2020, LOOP is an auto insurance MGA that uses AI to provide a fair price to all.

In this conversation, Carey speaks about the future of risktech, how Loop is modernizing data analytics to reduce risk, her philosophies on data analysis, and how she uses AI to create equitable products. She also gives a preview of her keynote for the second day of the RIMS virtual event, TechRisk/RiskTech, which will be held January 26‒27th, 2022.

Key Takeaways:

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

[:26] About today’s episode.

[:43] Upcoming RIMS current virtual offerings.

[1:20] About the upcoming 2022 RIMS RiskTech Forum.

[1:59] More about today’s episode with Carey Anne Nadeau.

[2:32] Justin welcomes Carey to the podcast!

[2:39] Carey shares about her professional history in risk and how she came to be the co-founder and co-CEO of LOOP.

[5:06] Carey shares about her mission to modernize the measurement of risk and what she does to measure risk.

[7:05] How Loop uniquely examines measurements and risk methods (and which factors they view as outdated).

[10:25] About the RIMS Mobile App; RIMS Buyers Guide; and RIMS Annual Conference, RISKWORLD 2022.

[12:03] How Carey sees risk tech further enhancing the future of the risk profession.

[15:07] Carey highlights a key part of LOOP that uniquely separates them from others in the space.

[15:36] Carey provides a preview of her upcoming keynote at TechRisk/RiskTech.

[16:25] Justin thanks Carey 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:

“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:

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 Risktech on RIMScast:

“Risktech and Remote Control with Jacqueline Legrand, Founder of Maptycs”

“Risktech Talk with Drinks & Demos Pitch Winner, Josh Riley of Paladin Cyber!”

“Live From Risktech 2019: ‘It’s Not Just For IT Anymore!’”

“CEO and Co-founder of OnRamp Risk, Audrey Rampinelli, on the Risk Tech Space”

“The State of Cybersecurity and 5G Technology with Jason Ruger, Ruby Zefo, and Chris Novak”

“Talking ‘RIMS Tech, the Insurtech Competition,’ with Host, Audrey Rampinelli and Winner, Alex Schwarzkopf”

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:

Carey Anne Nadeau

Tweetables (For Social Media Use):

“What sets [Loop] apart from other carriers or … MGAs in this space is that we are … on a mission … to provide more … equitable insurance. … Loop is taking a very fresh and modern approach to using data … to deliver a really lovely customer experience.” — Carey Anne Nadeau

“We’re … in a renaissance in the risk profession. Those of us who are innovating in this space, … I think of us as avant-garde. We’re creating things. … We’re finding opportunities to sell to markets … and solve … problems that … haven’t been addressed.” — Carey Anne Nadeau

“In this space, there’s also an opportunity to collaborate with your community. One thing that really drives Loop and is important to us is building deep relationships with our Loop drivers and finding opportunities for them to benefit and connect.” — Carey Anne Nadeau

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

This week, Justin is joined by Luke Jacobs, the CEO and co-founder of Encamp; a modern platform that simplifies the way you meet your environmental reporting obligations.

With ESG continuing to be a hot topic in risk management, Luke offers his insights and professional experiences as a risk professional, business leader, and board member steeply rooted in ESG. Additionally, he shares his perspective on how risk professionals can use the ESG functions to gain an audience with the board and C-suite, create and retain value based on their contributions, and even enhance their careers.

If you enjoyed this conversation and want to access the full interview, be sure to head on over to the RIMS Path To The Boardroom page for the entire dialogue with Luke Jacobs.

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:13] About today’s episode.

[:19] Upcoming RIMS current virtual offerings.

[1:29] About the upcoming 2022 RIMS RiskTech Forum.

[2:07] More about today’s episode with Luke Jacobs.

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

[2:59] Luke shares about his background in risk.

[4:48] What can risk professionals do to create or retain value for their organizations with regards to the “E” in ESG?

[10:59] About the RIMS Mobile App; RIMS Buyers Guide; and RIMS Annual Conference, RISKWORLD 2022.

[12:26] If you want to check out this episode’s full interview, be sure to visit the RIMS Path To The Boardroom page.

[12:44] With COP26 in the rearview of 2021, what are business leaders, board members, and C-suites most tuned into?

[14:09] Luke shares how he thinks a risk professional should consider post-COP26 in both the short-term and long-term.

[16:46] Justin thanks Luke Jacobs 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:

“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:

Applying and Integrating ERM: Dec 9‒10 — Registration closes Dec 8th

RIMS-CRMP Exam Prep with University of Hartford Dec. 14 & 16. — Register by Dec. 13th

Dec. 16th, 2021: “Are Business Leaders Fully Prepared for Growing Environmental Risks?” | Sponsored by Beazley

More ESG on RIMScast:

“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:

Luke Jacobs’ LinkedIn

Encamp

Tweetables (For Social Media Use):

“It is really critical to get an executive [in your organization] to understand the areas where you have operations going on that if you do not comply with the applicable environmental regulations … that is likely to get out.” — Luke Jacobs

“Consumers are really beginning to be aware of what companies are doing with their environmental and sustainability initiatives.” — Luke Jacobs

“A focus on net-zero planning is really coming to the forefront [as well as] thinking more broadly about decarbonization of organizations” — Luke Jacobs

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

Diversity, equity, and inclusion is a continuous process at RIMS and among its members. The RIMS DE&I Council serves as both a resource and a collaborator with RIMS committees, councils, and members to implement DE&I goals and objectives.

To discuss more on this topic, Justin Smulison is joined today by RIMS DE&I Council Chair, Kevin Thomas, and Vice-Chair, Monica Merrifield! Together, they speak about the state of DE&I initiatives in the risk profession, the work that is still ahead of us, and updates on the progress of the RIMS DE&I Council over the past year.

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:25] About this episode’s topic.

[:33] Upcoming RIMS current virtual offerings.

[1:45] How to register for the 2021 RIMS India Forum and the 2022 RIMS RiskTech Forum.

[2:40] More about today’s episode with special guests, Kevin Thomas and Monica Merrifield.

[3:12] Justin welcomes Kevina and Monica back to the podcast!

[3:20] Kevin elaborates on how DE&I has evolved and the big shifts he has seen from a societal and organizational perspective in 2020‒21 compared to prior years.

[5:13] Monica shares her thoughts on how DE&I has evolved in 2020‒21 and how she sees the hybrid work model evolving in the future.

[7:33] Kevin highlights a key takeaway about DE&I as we move into a hybrid work model.

[8:36] How DE&I is categorized as a risk and why that matters.

[12:08] Kevin highlights an important takeaway on what leadership should do to be more diverse and inclusive.

[13:40] Monica shares her insights on what companies can do to become more diverse and inclusive.

[16:17] All about the RIMS Mobile App, RIMS Buyers Guide, and how to sit on a RIMS committee or council.

[17:44] Kevin shares what the RIMS DE&I Council has learned about executing a DE&I strategy and how this knowledge will information Council activity in the coming year (or two).

[20:50] Monica also shares how the knowledge that the RIMS DE&I has gained over the last year will impact their activity going forward.

[23:23] Kevin and Monica both share their parting words of advice and inspiration with regard to DE&I.

[27:07] Justin thanks Kevin and Monica 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:

RIMS DE&I Council

“Excellence in Risk Management 2021 Report,” by RIMS & Marsh

Join a RIMS Committee: RIMS members are encouraged to submit an application to sit on a RIMS committee or council. Click on the link with descriptions on the volunteer submission form. The deadline to submit is December 3th.

RIMS India 2021 — Virtual Two-Day Event! December 3rd & 4th — Register Today!

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

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Sponsored RIMScast Episodes:

“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:

Dec. 2, 2021 | “Addressing Today’s Risks and Preparing for the Risks of Tomorrow” | Sponsored by Aon

Contractual Risk Transfer: Dec. 7‒8 — Registration closes Dec. 3rd

Applying and Integrating ERM: Dec 9‒10 – Registration closes Dec 8th

RIMS-CRMP Exam Prep with University of Hartford Dec. 14 & 16. – Register by Dec. 13th

More DE&I on RIMScast:

“Launching DEI Initiatives with Tara Lessard-Webb”

“Pride Month 2021: How Risk Pros Can Protect and Uplift LGBTQ+ Employees”

“Diversity as a Successful Business Division with Rodney Johnson”

“Asian Pacific American Heritage Month 2021”

“Discussing Black History Month and the Risk Profession with Tammy Franklin of Marsh”

“Pride Month with RIMS D&I Council Members, Kevin Thomas, and Victoria Nolan”

“Talking Diversity and ERM at the RIMS ERM Conference 2019”

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

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

Other:

The Fearless Organization: Creating Psychological Safety in the Workplace for Learning, Innovation, and Growth, by Amy C. Edmonson

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 Guests:

RIMS DE&I Council

Kevin Thomas’ LinkedIn

Monica Merrifield’s LinkedIn

Tweetables (For Social Media Use):

“It takes … some good, solid, inclusive leadership skills and techniques to help foster and create that space where people feel comfortable speaking up.” — Monica Merrifield

“Our [RIMS DE&I] Council members are just great … a collection of knowledge, deep insight, [and] lived experiences.” — Monica Merrifield

“This [DE&I] work truly does unite us all.” — Monica Merrifield

“You have to put passion into action. … Council members, risk management professionals … you’ve got to get involved [with DE&I].” — Kevin Thomas

“When people feel included, good things happen — simply put.” — Monica Merrifield

“You’ve got to bring your whole, full, authentic self [to work] no matter who you are [or] where you are … every day.” — Kevin Thomas

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

Joining the podcast today to discuss travel risk management is return guest and RIMScast friend, Dr. Adrian Hyzler; the Chief Medical Officer of Healix International!

In this episode, Dr. Hyzler provides a well-rounded update on COVID-19, how travel risk management has changed in 2021, what risk professionals should keep top-of-mind as we all look to 2022, and what businesses and employers should be investing to protect their employees going forward. Additionally, Dr. Hyzler also shines a light on the development surrounding the malaria vaccine and the positive impact that it is having worldwide.

COVID-19 updates impact our health and our ability to travel and that is why RIMS loves having Dr. Adrian Hyzler return to RIMScast on a seasonal basis. Be sure to tune in to this episode to stay up-to-date on what you need to know as a risk professional about COVID-19 and its vaccines.

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:26] About today’s episode with return guest, Dr. Adrian Hyzler.

[:34] Upcoming RIMS current virtual offerings.

[1:34] How to register now for the 2021 RIMS India Forum.

[1:50] More about today’s episode.

[2:15] Justin welcomes Dr. Adrian Hyzler back to RIMScast!

[2:35] How Dr. Adrian Hyzler’s perspective on travel risk management has changed in 2021.

[4:43] What should risk professionals be keeping top-of-mind as we look to 2022?

[6:47] The US is officially re-opening its borders to international travelers as of yesterday (2011/11/08). Does Dr. Hyzler see this as a risk or, rather, something that has been too long delayed?

[9:46] How Dr. Hyzler feels about vaccines being rolled out for children ages five-plus.

[11:12] All about the RIMS Mobile App, RIMS Buyers Guide, and how to sit on a RIMS committee or council.

[12:40] In October 2021, the World Health Organization gave the green light to give children in Africa the only approved malaria vaccine. Dr. Hyzler shares his insights on this topic and shares why it is such a huge breakthrough.

[19:52] Has Dr. Hyzler seen a case of malaria personally?

[20:51] The last time Dr. Hyzler was on the podcast, he highlighted the need for investing in better ventilation. Is it still as important? And what else, along those lines, should businesses and employers be considering in 2022?

[24:24] With potential long-haul COVID symptoms in mind, what can companies do to prepare or innovate?

[28:34] Justin thanks Dr. Adrian Hyzler 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:

RIMS India 2021 — Virtual Two-Day Event! December 3rd & 4th — Register Today!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

RIMS Advocacy

Join a RIMS Committee: RIMS members are encouraged to submit an application to sit on a RIMS committee or council. Click on the link with descriptions on the volunteer submission form. The deadline to submit is December 3th.

Sponsored RIMScast Episodes:

“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.

Virtual Workshops:

Contractual Risk Transfer: Dec. 7-8 — Registration Closes Dec. 3rd

Applying and Integrating ERM: Dec 9-10 – Registration closes Dec 8th

RIMS-CRMP Exam Prep with University of Hartford Dec. 14 & 16. – Register by Dec. 13th

Previous & Related RIMScast Episodes:

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

COVID-19 Update with Dr. Adrian Hyzler of HX Global” – January 2021

“Safe Holiday Travel Tips with IIHS President David Harkey” — 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

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:

Dr. Adrian Hyzler

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

Joining Justin Smulison today to discuss fleet risk management is Susan Gillies, the new Executive Director of NETS, the Network of Employers for Traffic Safety.

Fleet safety is an international concern (and not just because we’re coming up on the 2021 year-end holiday season!) In this episode, Susan shares what risk professionals need to be aware of concerning fleet safety as we look to 2022 and beyond, the technology research and latest trends that could affect an employer’s fleet purchasing decisions, and key takeaways from their recent virtual conference, the Annual STRENGTH IN NUMBERS® Fleet Safety Benchmark Conference.

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:25] About today’s episode with Susan Gillies.

[:36] Upcoming RIMS current virtual offerings.

[1:32] About the upcoming 2021 RIMS India Forum.

[1:48] More about today’s episode with Susan Gillies.

[2:15] Justin welcomes Susan to the podcast!

[2:37] As the new Executive Director of NETS, Susan shares some of her goals.

[4:33] Susan shares about the success of their two international conferences and the issues they are aiming to address.

[6:42] What’s on the roadmap for NETS?

[7:11] Susan highlights key takeaways from NETS VIRTUAL Annual STRENGTH IN NUMBERS® Fleet Safety Benchmark Conference.

[11:20] New findings from their Fleet Safety Benchmark.

[14:49] All about RIMS’s new Mobile App and the RIMS Buyers Guide. Justin also extends an invite to all RIMS members to submit an application to sit on a RIMS committee or council.

[16:15] The top supply chain risks on the NETS risk radar.

[19:48] Susan discusses the latest technology research and trends that could affect an employer’s fleet purchasing decisions and shares what she is personally most interested in, in terms of upside and downside risk.

[24:22] The next six weeks see a major rise in traffic in most parts of the world. Susan shares what she believes risk professionals should be cognizant of in 2021 when it comes to fleet safety.

[26:14] Justin thanks Susan Gillies 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:

RIMS India 2021 — Virtual Two-Day Event! December 3rd & 4th — Register Today!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

RIMS Advocacy

Upcoming Webinars:

November 18, 2021 | “Bermuda Captives — Turning Ideas into Reality” | Presented by the Bermuda Business Development Agency

Sponsored RIMScast Episodes:

“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.

Virtual Workshops:

Contractual Risk Transfer: Dec. 7-8 — Registration Closes Dec. 3rd

Spencer’s Risk Manager on Campus Program — Volunteer Today!

Previous & Related RIMScast Episodes:

“Safe Holiday Travel Tips with IIHS President David Harkey” — 2020

“Distracted Driving Awareness Month 2020 with NSC’s Lisa Robinson” — Sept. 29th, 2020

“RIMS Advocacy Update and Driver Safety During COVID-19” — April 7th, 2020

“Safety Does Not Pause: Employee Hazards During COVID-19 with NSC President & CEO Lorraine Martin” — March 31st, 2020

“Fatigue Risk Management with NSC’s Emily Whitcomb” — March 19th, 2019

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 recent guests, Charles Vu and Steve Pottle!

Spencer Educational Foundation

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:

Susan Gillies’ LinkedIn

NETS links:

NETS Main Website: 

Network of Employers for Traffic Safety

Conference and Sector Meeting Information: 

Events — Network of Employers for Traffic Safety

Resources (including toolkits, websites, and guides [top half of the page is Members Only but the bottom half is available to the public]):

Road Safety Resources — Network of Employers for Traffic Safety

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

This week on RIMScast, Justin is joined by guest Jana Utter to talk all things ERM!

Jana Utter is the Chair of the RIMS Strategic Enterprise Risk Management Council (SERMC) and the Vice President of Enterprise Risk Management at Centene Corporation; a diversified, multinational healthcare enterprise.

In anticipation of Jana’s session at the upcoming RIMS ERM Conference 2021 (on November 11th and 12th in New York City), she is sharing about her career in risk management, why this year’s theme (“ERM in an ESG World”) resonates with her, what she is excited about for this year’s conference, what she is going to be speaking about her session, and why she is so enthusiastic about risk management.

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:26] About today’s episode with Jana Utter!

[:35] Upcoming RIMS current virtual offerings.

[:56] All about the upcoming RIMS ERM Conference.

[1:27] About the upcoming 2021 RIMS India Forum.

[1:44] Justin is first joined by Morgan O’Rourke to discuss the new RIMS Mobile App.

[2:20] Who can download the RIMS app? Where can you download it?

[2:40] What RIMS members will find on the RIMS app.

[3:16] Is the RIMS app constantly evolving? Will there be updates down the line?

[3:31] How to provide feedback on your RIMS app experience.

[3:55] All about today’s episode with Jana Utter!

[4:18] Justin welcomes Jana Utter to the podcast.

[4:34] Jana shares what she is excited about for the upcoming 2021 RIMS ERM Conference.

[4:58] How many ERM Conferences has Jana been to?

[5:35] How the theme of this year’s conference (“ERM in an ESG World”) resonates with Jana.

[6:16] Jana shares where her enthusiasm for risk management originated.

[8:13] How Jana’s career in risk began.

[8:47] Jana shares about her upcoming session at the 2021 RIMS ERM Conference.

[9:55] What Jana hopes attendees will take away from this year’s conference.

[10:42] Justin thanks Jana Utter 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:

RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC — Last call to register! (Use the code RIMScast2021 for a 10% discount)

RIMS India 2021 — Virtual Two-Day Event! December 3rd & 4th — Register Today!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

RIMS Advocacy

RIMS ERM Q&A Interview Series — Featuring SERMC Chair Jana Utter!

RIMS Strategic & Enterprise Risk Center

Upcoming Webinars:

November 18, 2021 | “Bermuda Captives — Turning Ideas into Reality” | Presented by the Bermuda Business Development Agency

Sponsored RIMScast Episodes:

“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.

Virtual Workshops:

RIMS-CRMP Exam Prep Virtual Workshops (October 2021) — Gain an edge with the RIMS-CRMP; the only internationally accredited risk management certification!

RIMS Virtual Workshops: Claims Management — Register now for Nov. 8‒9th

Spencer’s Risk Manager on Campus Program — Volunteer Today!

Previous & Related RIMScast Episodes:

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

“ORSA Reporting: It Seems to Be a Hot Topic with Lorie Graham”

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

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 recent guests, Charles Vu and Steve Pottle!

Spencer Educational Foundation

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:

Jana Utter’s LinkedIn

Tweetables (For Social Media Use):

“I’ve been seeing the rise of ESG for the past several years and I’m also fortunate to be directly involved in ESG strategy, reporting, and linking ESG topics with enterprise risk.” — Jana Utter

“[The 2021 RIMS ERM] Conference is perfect for me [in] marrying up ERM and ESG.” — Jana Utter

“I really believe ESG is a gamechanger for ERM. And I’m very glad to see that RIMS is devoting this year’s conference to this important and evolving topic.” — Jana Utter

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

Today, Justin is joined once again by return guest, Lynn Haley Pilarski! Lynn is the 2021 Bland Award winner and the Senior Risk Manager of General Motors. She is joining RIMScast today to speak about her recent experience at Capitol Hill in Washington, D.C. where she advocated on the behalf of RIMS members during the legislative summit on October 26th.

In this episode, she shares what she discussed during her meeting with members of Congress and their staffers, how this meeting has helped move the needle forward with RIMS Advocacy efforts, and offers insights on the legislation that RIMS members are hoping to get sponsored and passed.

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:26] About today’s episode with return guest, Lynn Haley Pilarski!

[:36] Upcoming RIMS current virtual offerings.

[:58] All about the upcoming RIMS ERM Conference.

[1:30] About the upcoming 2021 RIMS India Forum.

[1:48] More about today’s episode with Lynn Haley Pilarski.

[2:18] Justin welcomes Lynn back to the podcast.

[2:33] Lynn shares about her recent trip to Capitol Hill in Washington, D.C. as part of the RIMS Autumn Advocacy week.

[4:13] What Autumn Advocacy week is all about.

[5:37] Lynn shares her experience speaking with members of Congress and staffers.

[7:13] How this year’s meeting was different from years past.

[10:02] About upcoming RIMS webinars!

[10:34] Justin is joined by Morgan O’Rourke for a quick discussion about the new RIMS app!

[10:55] Who can download the RIMS app? Where can you download it?

[11:18] What RIMS members will find on the RIMS app.

[11:58] Is the RIMS app constantly evolving? Will there be updates down the line?

[12:16] How to provide feedback on your RIMS app experience.

[12:30] Returning to the interview with Lynn Haley Pilarski.

[12:48] Lynn shares pertinent information for RIMS members and risk professionals as we all look forward to 2022 and beyond.

[14:44] Lynn shares about opportunities for volunteering!

[15:22] How Lynn prepares herself before getting ready to speak with Congress and staffers on The Hill.

[17:06] Justin thanks Lynn 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:

RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC — Register with the code RIMScast2021 for a 10% discount!

RIMS India 2021 — Virtual Two-Day Event! December 3rd & 4th — Register Today!

RIMS Risktech Forum 2021 — Virtual Two-Day Event! December 7th & 8th — Register Today!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

RIMS Advocacy

Upcoming Webinars:

November 4, 2021 | “Using IoT Technology to Lower the Cost of Commercial Insurance Risk” | Sponsored by The Hartford

November 18, 2021 | “Bermuda Captives — Turning Ideas into Reality” | Presented by the Bermuda Business Development Agency

Sponsored RIMScast Episodes:

“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.

Virtual Workshops:

RIMS-CRMP Exam Prep Virtual Workshops (October 2021) — Gain an edge with the RIMS-CRMP; the only internationally accredited risk management certification!

RIMS Virtual Workshops: Claims Management — Register now for Nov. 8‒9th

Spencer’s Risk Manager on Campus Program — Volunteer Today!

Related RIMScast Episodes:

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

“RIMS Advocacy in 2021”

“Post-Election Update”

“What the Reauthorization of TRIA Means for the Risk Management Community”

“Dr. Daniel Kaniewski on FEMA Resilience”

“AI and Autonomous Vehicles with Stephen S. Wu”

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 Path To The Boardroom — Visit for past webinar presentations and interviews!

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 recent guests, Charles Vu and Steve Pottle!

Spencer Educational Foundation

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:

Lynn Haley Pilarski’s LinkedIn

Tweetables (For Social Media Use):

“As part of the RIMS Autumn Advocacy week, we had the opportunity to meet with a handful of … staffers — both the Senate and Congress — to talk about the Pandemic Insurance Act that … RIMS has been supporting over the course of the last … two years.” — Lynn Haley Pilarski

“Hopefully next year everyone’s going to have that opportunity to … go to Washington, D.C., learn about what’s happening, and actually lobby. … It’s one of the most rewarding things that we can do as risk members.” — Lynn Haley Pilarski

“We really are trying to get as much support as we can to introduce [PRIA].” — Lynn Haley Pilarski

“You have to try and make a relationship. You need to say, ‘How can I sort of ease into it?’ when [you] start to lobby. … You need to know about the Senator or the representative that you’re going to meet. … You have to do a little bit of homework.” — Lynn Haley Pilarski

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

With Native American Heritage Month soon approaching in November (for the U.S.), Justin Smulison is joined by Tara Lessard Webb to discuss the importance of this month as well as DEI initiatives.

Tara Lessard Webb is the Director of Corporate Governance at Intact Insurance and a prominent member of the RIMS DEI Council. You may also remember her from her two fantastic sessions on diversity, equity, and inclusion at the 2021 RIMS Canada Conference!

In this conversation, Tara and Justin discuss Native American Heritage Month, her work with the RIMS DEI Council, what it would take for you to launch a DE&I initiative at your organization, how a more diverse culture leads to a more profitable one, and how you can do your part to support the BIPOC community.

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:26] About today’s episode with Tara Lessard Webb.

[:35] Upcoming RIMS current virtual offerings.

[:58] How to register for the upcoming RIMS ERM Conference.

[1:30] Other upcoming RIMS virtual conferences.

[1:56] More about today’s episode with Tara Lessard Webb!

[3:43] Justin welcomes Tara to the podcast.

[3:55] Tara’s 2021 RIMS Canada Conference experience.

[4:27] How we can better support our Indigenous communities.

[6:40] How and why Tara became involved with the RIMS DEI Council to better support Indigenous communities.

[8:16] What the RIMS DEI Council has coming up in November.

[8:55] Awareness is the starting point for any campaign. How does Tara craft a successful DEI campaign? What are her recommendations for those looking to launch one within their organization?

[10:48] Upcoming RIMS webinars!

[11:41] Justin is joined by Morgan O’Rourke for a quick discussion about the new RIMS app!

[12:04] Who can download the RIMS app? Where can you download it?

[12:28] What the RIMS app provides.

[13:03] Is the RIMS app constantly evolving? Will there be updates down the line?

[13:23] How to provide feedback on your RIMS app experience.

[13:39] Returning to the interview with Tara Lessard Webb.

[13:47] Tara shares about the DEI campaign she launched at a previous employer.

[15:55] Tara’s insights on how to turn a more diverse culture into a profitable one.

[20:11] Tara’s parting words of wisdom for those looking to start a DEI initiative at their organizations.

[25:15] Justin thanks Tara for joining RIMScast and shares some of the links to look out for in this episode’s show notes!

Mentioned in this Episode:

RIMS DEI Council

Climate Change RIMScast Video

RIMS Events, Education, and Services:

RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC

RIMS India 2021 — Virtual Two-Day Event! December 3rd & 4th — Register Today!

RIMS Risktech Forum 2021 — Virtual Two-Day Event! December 7th & 8th — Register Today!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

United Nations Declaration on the Rights of Indigenous Peoples — Available in French, English & Spanish

Upcoming Webinars:

October 26, 2021 | “Cyberrisk and the C-Suite” |  Presented by RIMS Path To The Boardroom

October 28, 2021 | “Risking it All? Taking the Leap into Enterprise Risk Management (ERM) from RMIS” | Sponsored by Origami Risk

November 1, 2021 | “Recertification: Keep Your RIMS-CRMP Active” | Presented by RIMS

November 4, 2021 | “Using IoT Technology to Lower the Cost of Commercial Insurance Risk” | Sponsored by The Hartford

November 18, 2021 | “Bermuda Captives — Turning Ideas into Reality” | Presented by the Bermuda Business Development Agency

Sponsored RIMScast Episodes:

“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

Virtual Workshops:

RIMS-CRMP Exam Prep Virtual Workshops (October 2021) — Gain an edge with the RIMS-CRMP; the only internationally accredited risk management certification!

RIMS Virtual Workshops: Claims Management — Register now for Nov. 8‒9th

Spencer’s Risk Manager on Campus Program — Volunteer Today!

Related RIMScast Episodes:

“Pride Month 2021: How Risk Pros Can Protect and Uplift LGBTQ+ Employees”

“Diversity as a Successful Business Division with Rodney Johnson”

“Asian Pacific American Heritage Month 2021”

“Discussing Black History Month and the Risk Profession with Tammy Franklin of Marsh”

“Pride Month with RIMS D&I Council Members, Kevin Thomas, and Victoria Nolan”

“Talking Diversity and ERM at the RIMS ERM Conference 2019”

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

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 Path To The Boardroom — Visit for past webinar presentations and interviews!

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 Kirk Andersen!

Spencer Educational Foundation

RIMS Advocacy

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:

Tara Lessard Webb’s LinkedIn

Tweetables (For Social Media Use):

“For the last 18 months, during the pandemic, we’ve had an opportunity to be mindful and to have discussions [about the] social injustices [of] the BIPOC community.” — Tara Lessard Webb

“I think that’s where [we] need to start — [creating] awareness. … Get people more engaged and understand how we need to better support each other.” — Tara Lessard Webb

“I truly believe [that] if you focus on how to be more inclusive then diversity will eventually follow.” — Tara Lessard Webb

“How do you make sure that everyone feels like they have a voice and that they’re being included; that they’re being considered? Well, it’s [in] getting that feedback.” — Tara Lessard Webb

“Getting that valuable feedback from members of the organization is the starting point [to better DEI].” — Tara Lessard Webb

“The more diversity you have, the more successful [your organization will be].” — Tara Lessard Webb

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

This week, Justin Smulison is joined by Kirk Andersen, the Global Risk Manager at Tsubakimoto Chain Co., a company based in Japan. He has over 13 years of experience working in a variety of translation, planning, and risk management roles; five years of experience working in Japanese local governments, and over 20 years of Japanese corporate/governmental experience. His career history is deeply fascinating and demonstrates how a love of linguistics and travel has brought him to the risk profession and Japan.

In this episode, Kirk shares all about his career experience with risk management in Japan. As the first risk professional based in Japan to earn the RIMS-CRMP, he also speaks about his inspiration to pursue the certification and how he believes it can positively impact professionals in the country.

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:26] About today’s episode with Kirk Andersen.

[:32] Upcoming RIMS current virtual offerings.

[:56] How to register for the upcoming RIMS ERM Conference.

[1:14] Other upcoming RIMS virtual conferences.

[1:40] More about today’s episode.

[2:30] Justin welcomes Kirk Andersen to RIMScast!

[2:42] Justin congratulates Kirk as the first RIMS-CRMP holder in Japan.

[3:05] Kirk shares what originally brought him to both Japan and risk management.

[5:42] Did Kirk find that risk management came naturally to him?

[6:54] About the company Kirk works for, Tsubakimoto Chain Co., and what they produce.

[8:15] The Japanese culture’s approach to risk management.

[9:12] Kirk shares how he meets his Japanese counterparts halfway when it comes to risk.

[10:35] How did Kirk feel when he realized he would be staying in Japan for the long term?

[11:30] Does Kirk have dual citizenship?

[11:51] All about the upcoming RIMS webinars!

[12:43] Justin welcomes Morgan O’Rourke to the podcast for a quick chat about the RIMS app!

[13:09] Who can download the RIMS app? Where can you download it?

[13:30] What you will find on the RIMS app.

[14:06] Is the RIMS app constantly evolving? Will there be updates down the line?

[14:25] How to provide feedback on your RIMS app experience.

[14:41] Returning to the interview with Kirk Andersen.

[14:53] In Kirk’s RIMS-CRMP story (published on RIMS.org), he mentioned that part of his work involves “J-SOX” (also known as the Financial Instruments and Exchange Act). Kirk elaborates on what this is, his involvement with it, and why other risk professionals across the globe might need to know about it at some point.

[19:30] What led Kirk to pursue a RIMS-CRMP certification.

[20:05] How obtaining his CRMP certification has helped Kirk stay connected to risk management and risk professionals all around the world.

[20:57] Has Kirk run into other risk professionals such as himself in Japan?

[21:32] Kirk shares some final words of wisdom for risk professionals around the world.

[22:51] About Kirk’s virtual presentation at the upcoming Annual Fall Conference for the Association of Risk Management.

[23:25] Justin thanks Kirk 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:

RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC

RIMS India 2021 — Virtual Two-Day Event! December 3rd & 4th — Register Today!

RIMS Risktech Forum 2021 — Virtual Two-Day Event! December 7th & 8th — Register Today!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Kirk Andersen’s RIMS-CRMP Story: First CRMP in Japan

Upcoming Webinars:

October 21, 2021 | “Community-Sourced Risk Research & Best Practices” | Sponsored by Vector LiveSafe

October 26, 2021 | “Cyber Risk and the C-Suite” |  Presented by RIMS Path To The Boardroom

October 28, 2021 | “Risking it All? Taking the Leap into Enterprise Risk Management (ERM) from RMIS” | Sponsored by Origami Risk

November 1, 2021 | “Recertification: Keep Your RIMS-CRMP Active” | Presented by RIMS

November 4, 2021 | “Using IoT Technology to Lower the Cost of Commercial Insurance Risk” | Sponsored by The Hartford

Sponsored RIMScast Episodes:

“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

Virtual Workshops:

RIMS-CRMP Exam Prep Virtual Workshops (October 2021) — Gain an edge with the RIMS-CRMP; the only internationally accredited risk management certification!

RIMS Virtual Workshops: Claims Management — Register now for Nov. 8‒9th

Spencer’s Risk Manager on Campus Program — Volunteer Today!

Related RIMScast Episodes:

“Rethinking the Impact of Disruption on ERM Tools and Processes with Ward Ching and Dr. Paul Walker”

“Debt and Economic Risk with Marco Dondi”

“Asian Pacific American Heritage Month 2021”

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

“Managing and Measuring Resilience in India with Ashish Parakh of Marsh”

“Deepak Padaki and the RIMS Award-Winning ERM Program at Infosys”

“ERM in Shanghai, China with Robert Zhang, IKEA China Risk Management & Compliance Director”

“Water Risks with Henk Ovink, Special Envoy for International Water Affairs for the Kingdom of the Netherlands”

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 Path To The Boardroom — Visit for past webinar presentations and interviews!

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 Kirk Andersen!

Spencer Educational Foundation

RIMS Advocacy

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 Guests:

Kirk Andersen’s LinkedIn

Morgan O’Rourke’s LinkedIn

Tweetables (For Social Media Use):

“There are different theories of language. One I like is the idea that language is innate; that we … are born understanding language. … To the same extent, there’s a lot of innateness to risk management. … We innately understand what our risk tolerance is.” — Kirk Andersen

“There’s more to risk than just the negative side. [There’s] the proactive side that you can take advantage of.” — Kirk Andersen

“Japanese companies are like a cruise ship. It takes a long time and many minor course corrections to change course, but once you’re on a new course, you’re on there for a long time.” — Kirk Andersen

“It’s important to be able to take a step back and reformulate how you approach [risk].” — Kirk Andersen

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

Today, Justin is rejoined by one of his favorite guests, Nir Kossovsky, the CEO of Steel City Re! Nir is an authority on business, process risk, and reputational value. He’s been an industry-wide leader in the development of index measures of reputational value and actuarially sound underwriting methods that deter reputational attacks and protect companies and their leadership.

In their conversation together, Nir is talking all about reputation risk. He provides a preview of his upcoming session on reputation risk at the 2021 RIMS ERM Conference, shares his perspective on reputation and how it has changed since COVID-19 and the key ESG Commitments that boards can make (and shouldn’t make) both in the long term and short term.

Also, stay tuned for a quick conversation in the middle of the episode with Morgan O’Rourke to discuss the new RIMS app!

Key Takeaways:

[:01] About RIMS’ Global Membership.

[:12] About the RIMS Buyers Guide.

[:46] About today’s episode with Nir Kossovsky.

[:54] Upcoming RIMS current virtual offerings.

[1:17] How to register for the upcoming RIMS ERM Conference.

[1:33] Other upcoming RIMS virtual conferences.

[2:00] More about today’s episode.

[2:25] Justin welcomes Nir Kossovsky back to RIMScast!

[2:31] How Nir’s perception and perspective on reputation changed since COVID-19.

[6:01] Would Nir agree that reputation makes up a large part of any organization’s ERM program?

[7:18] Does Nir often see that the line between Chief Legal Officer and Chief Risk Officer starts to blur after a while? Are these roles starting to be condensed into one?

[9:15] What does Nir think about “T” (standing for “Technology”) being added at the end of ESG?

[10:54] Upcoming RIMS webinars!

[11:50] Justin introduces a quick conversation with RIMS Publication Director Morgan O’Rourke to discuss the new RIMS app.

[12:02] Justin welcomes Morgan to the podcast!

[12:15] Who can download the RIMS app? Where can you download it?

[12:40] What you will find on the RIMS app.

[13:15] Is the RIMS app constantly evolving? Will there be updates down the line?

[13:31] How to provide feedback on your RIMS app experience.

[13:51] Returning to the interview with Nir Kossovsky.

[14:01] The key ESG Commitments that boards can make (and shouldn’t make), both long-term and short-term.

[20:08] Nir shares a sneak preview of what he will be presenting at the ERM Conference on Nov. 11th on the topic of reputation.

[22:17] Looking ahead, what does Nir believe will be the next event (equal in magnitude to COVID-19) that will affect the practice of risk management and reputational risk?

[24:59] Justin thanks Nir Kossovsky 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:

RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC

RIMS India 2021 — Virtual Two-Day Event! December 3rd & 4th — Register Today!

RIMS Risktech Forum 2021 — Virtual Two-Day Event! December 7th & 8th — Register Today!

NEW FOR MEMBERS! RIMS Mobile App

RIMS Buyers Guide

Upcoming Webinars:

October 13, 2021 | “Board Dynamics: Confidence, Communication and Clarity” | Presented by RIMS Path To The Boardroom

October 21, 2021 | “Community-Sourced Risk Research & Best Practices” | Sponsored by Vector LiveSafe

October 26, 2021 | “Cyber Risk and the C-Suite” |  Presented by RIMS Path To The Boardroom

October 28, 2021 | “Risking it All? Taking the Leap into Enterprise Risk Management (ERM) from RMIS” | Sponsored by Origami Risk

November 1, 2021 | “Recertification: Keep Your RIMS-CRMP Active” | Presented by RIMS

November 4, 2021 | “Using IoT Technology to Lower the Cost of Commercial Insurance Risk” | Sponsored by The Hartford

Sponsored RIMScast Episodes:

“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

Virtual Workshops:

RIMS-CRMP Exam Prep Virtual Workshops (October 2021) — Gain an edge with the RIMS-CRMP; the only internationally accredited risk management certification!

RIMS Virtual Workshops: Claims Management — Register now for Nov. 8‒9th

Spencer’s Risk Manager on Campus Program — Volunteer Today!

Related RIMScast Episodes:

“Reputational Risk with Nir Kossovsky” (2018)

“Rethinking the Impact of Disruption on ERM Tools and Processes with Ward Ching and Dr. Paul Walker”

“Measuring Reputation Risk with Kasper Nielsen”

“Mastering Intelligence Risk Management with Dr. Jay Grusin and Steve Lindo”

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 Steve Pottle!

Spencer Educational Foundation

RIMS Advocacy

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Nit Kossovsky’s LinkedIn

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Tweetables (For Social Media Use):

“COVID removed the blinders for most individuals. … For some, the world slowed down … and it began to allow people to ask the question, ‘What is important to me?’ … I think that … gave rise to the surge in the ESG movement.” — Nir Kossovsky

“The capital markets also think that is true now; that reputation is a major component of [an] organization’s ERM program. And that capital’s view is focused on … three … reputational issues that have become mission-critical from almost every company … — ESG.” — Nir Kossovsky

“40% of Chief Legal Officers are reporting now that reputation risk is on their agenda.” — Nir Kossovsky

“What boards should do in the context of protecting the assets of a firm is to commit to process … that, today, involves general counsel … the enterprise risk manager … [and] risk management … with governance, leadership broadly, controls, and insurances.” — Nir Kossovsky