RIMScast

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

Many organizations around the globe are instituting and implementing their return-to-work policies so that workers can return to their worksite. However, with the COVID-19 Delta variant now a threat and rising COVID-19 rates in certain areas of the world, risk professionals need to make critical decisions on how to advise on the best ways to reopen.

Rejoining the podcast to discuss the topic is RIMScast friend, Dr. Gleb Tsipursky! Dr. Tsipursky is the CEO of Disaster Avoidance Experts, LLC. — a boutique consulting, coaching, and training firm empowering leaders and organizations to avoid business disasters.

In this episode, Dr. Tsipursky discusses how business leaders can make wise decisions when implementing their organization’s return-to-work policies, return-to-work risks, and the cognitive biases that are holding leaders back in becoming more flexible — a trait that is incredibly needed in today’s world.

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:12] About the RIMS buyer’s guide.

[:47] About today’s episode.

[1:00] Is your ERM program award-worthy? RIMS is currently accepting nominations for the 2021 ERM Global Award of Distinction.

[1:30] Upcoming RIMS virtual offerings!

[3:00] More about today’s episode with Dr. Gleb Tsipursky.

[3:46] Justin welcomes Dr. Gleb Tsipursky back to RIMScast!

[4:03] The top three cognitive bias risks that leaders face in returning to the office that Dr. Gleb Tsipursky is currently witnessing.

[10:27] The risks that are unique to general offices as opposed to warehouses or schools.

[13:53] Upcoming RIMS Virtual Workshops, volunteer opportunities, and the RIMS Canada Conference.

[16:01] Why it is better for leaders to institute a return-to-work policy with flexibility built-in, how to become more flexible as a leader, and the biases that are holding leaders back from becoming more flexible.

[21:37] About Dr. Gleb Tsipursky’s new professional report, “Returning to the Office: Benchmarking to Best Practices for Competitive Advantage.”

[24:56] Justin thanks Dr. Gleb Tsipursky 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 Canada Conference 2021: Register for early bird rates!

RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC — Submit a session today!

RIMS ERM Global Award of Distinction 2021 – Nominate a program today!

RIMS Buyers Guide

Upcoming Webinars:

July 29, 2021 | “How Better Data Is Transforming Risk Management & The Commercial Property Insurance Industry” | Sponsored by Archipelago

July 29, 2021 | “Living on the Edge: Navigating Climate Risks” | Sponsored by J.B. Boda

Aug. 5, 2021 | “COVID-19: The Long Haul and the Short of It” | Sponsored by Mitchell

Aug. 12, 2021 | “One Year Later: Developing, Defining and Quantifying Your Risk Appetite” | Sponsored by Resolver

August 26, 2021 | “Increased Dependencies on Third Parties: Addressing Cloud, Vendor, and Business Partner Relationships and Risk” | Sponsored by HITRUST

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 (July & August 2021) — Gain an edge with the RIMS-CRMP; the only internationally accredited risk management certification!

RIMS Virtual Workshops: Claims Management — Register now for Aug. 23‒24th or Nov. 8‒9th

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Previous RIMScast Episodes:

“Mental Health in the Workplace with Darcy Gruttadaro”

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

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

“Leadership, Neuroscience & Realistic Pessimism During COVID-19 with Dr. Gleb Tsipursky”

Download any episode of RIMScast.

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 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:

Dr. Gleb Tsipursky’s LinkedIn

Disaster Avoidance Experts

“How to Defeat Work-From-Home Burnout and Zoom Fatigue,” by Dr. Gleb Tsipursky

Resilience: Adapt and Plan for the New Abnormal of the COVID-19 Coronavirus Pandemic, by Dr. Gleb Tsipursky

Dr. Gleb Tsipursky’s Newest Professional Report: “Returning to the Office: Benchmarking to Best Practices for Competitive Advantage,” by Dr. Gleb Tsipursky

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

The pandemic has accelerated retailers’ e-commerce strategies, and both warehouse and store infrastructure are radically changing to support this. However, during these infrastructure upgrades, fire protection is frequently one of the last items on the construction checklist. The failure to address proper fire protection can have a dramatic impact on final renovation/construction project cost, daily fulfillment operations, and business continuity should a fire occur.

Addressing this topic today along with Justin Smulison is Leonard Ramo, the President of Telgian Engineering & Consulting and a globally recognized fire protection industry professional with a distinguished career spanning more than 25 years. His expertise includes effective corporate executive, practicing fire protection engineer, and consultant to international organizations.

In this conversation, Leonard offers invaluable insights on how you can reassess fire risk as your e-commerce business grows and evolves. He speaks about proactive full-scale fire tests, the fire and life safety risks associated with infrastructure changes, and how addressing fire safety early in the process can result in millions of dollars saved for clients.

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:12] About the RIMS buyer’s guide.

[:46] About today’s episode.

[:52] Would you like to lead a session at the RIMS Canada Conference? Submit your session proposal by July 23rd!

[1:16] Upcoming RIMS virtual offerings!

[2:17] More about today’s episode with Leonard Ramo.

[2:56] Justin welcomes Leonard Ramo to RIMScast!

[3:04] Leonard shares how he has seen the supply chain pivot since the pandemic.

[4:21] What automation has done to the level of risk in warehouses.

[6:39] Leonard expands on how fire safety’s position on organizations’ risk registers has changed.

[8:39] Why fire safety is incredibly important and various fire hazards that organizations should be aware of.

[10:45] Best methods of testing for fire protection and safety.

[14:04] About upcoming RIMS Workshops, programs, and volunteer opportunities!

[15:40] About the early bird rates for the RIMS Canada Conference and where to register!

[16:10] The differences between a building code and a safety code.

[17:40] The most effective ways that risk professionals can enforce their practices in countries or areas with weak building codes.

[22:02] Justin thanks Lenoard Ramo 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 Canada Conference 2021: Register for early bird rates!

RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC — Submit a session by July 23rd

RIMS Buyers Guide

Upcoming Webinars:

July 26, 2021 | “RIMS and the RIMS Rocky Mountain Chapter Present: ‘A Discussion of Lloyd’s of London’s ESG Report 2020’” — Open Exclusively to RIMS Members!

July 29, 2021 | “How Better Data Is Transforming Risk Management & The Commercial Property Insurance Industry” | Sponsored by Archipelago

August 26, 2021 | “Increased Dependencies on Third Parties: Addressing Cloud, Vendor, and Business Partner Relationships and Risk” | Sponsored by HITRUST

Virtual Workshops:

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

RIMS Virtual Workshops: Claims Management — Register now for Aug. 23‒24th or Nov. 8‒9th

RIMS Risk Appetite Management Virtual Workshop — July 21‒22nd

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Previous RIMScast Episodes:

“California Wildfires: Risks, Preparedness, Business Continuity, and the Impact on Insurance Markets”

“Sustainability, ERM, and Construction with Kyle Van Hoeven”

“International Codes and Standards with Chris Wieczorek”

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

Download any episode of RIMScast.

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 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:

Leonard Ramo’s LinkedIn

Leonard Ramo’s Profile on Telgian

Tweetables (For Social Media Use):

“‘Why would I follow the code or do testing?’ Well, it’s easy; with all the changes that are out there … it actually gets down to not only a risk standpoint but a dollars and cents standpoint.” — Leonard Ramo

“The ROI — Return on Investment — for doing fire testing for these ASRF structures is dramatic. We see that in one building, one array, you will recover the costs of all your testing and put you in a much better position from a risk standpoint.” — Leonard Ramo

“Of all of the places I’ve been internationally, no one has ever not wanted to do the right thing. It’s just that they didn’t know what the ‘right thing’ was.” — Leonard Ramo

“It’s one thing to go out there and publish a safety document and train anyone on how to do it but if you don’t go out there and do a follow-up to make sure that they do it — … that’s where we really have to … make sure that practices are enforced. ” — Leonard Ramo

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

There is a lot of activity coming from the risk management community in Canada. The RIMS Canada Council recently released a statement in support of the Insurance Bureau of Canada’s call for advancing risk management knowledge and practices.

Joining Justin today are Steve Pottle and Jacqueline Toering to discuss risk management development in Canada, its broader impact, and updates from the RIMS Canada Council. They also discuss the RIMS Canada Conference 2021 which will be held virtually on October 5th and 6th!

Steve Pottle is the RIMS VP and Director of Risk Management Services at Thompson Rivers University and Jacqueline Toering is a RIMS Canada Council Executive Member, Chair of the RCC Sub Committee and National Conference Committee, and the Director of Risk and Safety at the University of the Fraser Valley.

Don’t miss out on today’s fascinating discussion!

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:12] About the RIMS buyer’s guide.

[:47] About today’s episode.

[1:03] Would you like to speak at the RIMS Canada Conference? Submit your session proposal by July 23rd!

[1:27] Upcoming RIMS Virtual Workshops and Webinars.

[3:02] More about today’s episode with Steve Pottle and Jacqueline Toering.

[3:50] Justin welcomes Steve and Jacqueline to RIMScast!

[4:00] About the RIMS Canada Council.

[5:27] How long has Jacqueline been a part of the RIMS Canada Council?

[5:52] What Jacqueline’s experience has been like in the pre-production of the 2021 RIMS Canada Conference.

[7:05] Where to learn more about the RIMS Canada Conference 2021.

[7:16] What is the Insurance Bureau of Canada (IBC) and its National Commercial Insurance Task Force?

[10:11] Why having a shared vision with the IBC is critical for RIMS, RIMS Canada, and global members.

[11:32] Steve shares how the IBC has hired a risk manager to help support their partners.

[13:30] About upcoming RIMS Workshops, programs, and volunteer opportunities!

[15:16] About the early bird rates for the RIMS Canada Conference and where to register!

[15:50] Jacqueline shares what drives her forward in her mission of advancing the risk profession.

[16:40] Jacqueline speaks about how her risk career has been fulfilling.

[16:58] Will Jacqueline be presenting at RIMS Canada Conference 2021?

[17:11] Justin shares his gratitude for Steve.

[17:52] Steve shares what drives him forward in wanting to continue to work in risk.

[20:25] Jacqueline shares her point of view on how live conferences (both virtual or in-person) are a great place to make connections.

[20:51] What Steve learned from RIMS Live 2021.

[21:42] Jacqueline shares why she sees virtual conferences as being particularly valuable.

[21:57] What Jacqueline learned about herself due to the COVID-19 pandemic.

[22:24] What COVID-19 taught Steve.

[23:44] Justin thanks Steve Pottle and Jacqueline Toering 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 Canada Conference 2021: Register for early bird rates!

News Release: “RIMS Canada Council Backs Insurance Bureau of Canada's Call for Advancing Risk Management Knowledge and Practices”

RIMS ERM Conference 2021 will be held Nov. 11th & 12th in NYC — Submit a session by July 23rd

RIMS Buyers Guide

Upcoming Webinars:

July 15, 2021 | “10 Essential Steps to Streamline Vendor Risk Assessments” | Sponsored by OneTrust

July 26, 2021 | “RIMS and the RIMS Rocky Mountain Chapter Present: ‘A Discussion of Lloyd’s of London’s ESG Report 2020’” — Open Exclusively to RIMS Members!

July 29, 2021 | “How Better Data Is Transforming Risk Management & The Commercial Property Insurance Industry” | Sponsored by Archipelago

Virtual Workshops:

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

RIMS Virtual Workshops: Claims Management — Register now for July 15‒16th, Aug. 23‒24th, or Nov. 8‒9th

RIMS Risk Appetite Management Virtual Workshop — July 21‒22nd

Save 15% off July and August Workshops! Use discount code LEARNRISK15 — Offer ends July 9th, 2021 (See the offer details below!)

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Previous RIMScast Episodes:

“City-Wide Risk Success with Betty Clarke, ORIMS Donald M. Stuart Award Winner (2020)”

“Live On-Site at the RIMS Canada Conference 2019!”

“The State of Risk Management in Canada with Christine Maligec and Nicole Cebuliak”

“Key Takeaways from RIMS NeXt Gen Forum 2019” (featuring Steve Pottle)

Download any episode of RIMScast.

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 — In-depth interviews with Steve Pottle, Carol Fox, Robert Cartwright, Jr., Val Fox, and Nowell Seaman!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring today’s guest, 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 Guests:

Steve Pottle’s LinkedIn

Jacqueline Toering’s LinkedIn

Tweetables (For Social Media Use):

“The RCC recognizes that the Insurance Bureau of Canada is an important partner for [RIMS] to always liaise with.” — Steve Pottle

“I don’t think there’s another profession [like risk] where you are always challenged to do your best and do your best for others.” — Steve Pottle

“If there’s anything that COVID-19 has taught me, it’s the fact that it’s important to work through your problems with others — be it personal or professional.” — Steve Pottle

“If there’s anything that COVID-19 did [teach] me, it’s that I always need to be resilient in my thoughts and appreciate the fact that not everyone’s going to think the same way I think.” — Steve Pottle

“The RIMS Canada Conference [is] the second largest risk management conference in North America. It’s an amazing, in-person, live event. … And this year, we’re going virtual.” — Jacqueline Toering

“[RIMS is] about community, connection, and content. RIMS for me is the Canadian community. … Making those connections really is what brings me value out of RIMS.” — Jacqueline Toering

“[My RIMS career] has only [been] made more fulfilling by my membership and the camaraderie that I find in RIMS, the RCC, and the local chapters.” — Jacqueline Toering

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

COVID-19 remains a serious threat. On June 29th, 2021, the World Health Organization (WHO) reported that there have been 181,007,816 confirmed cases of COVID-19 globally, including 3,927,222 deaths. As of June 28th, 2021, a total of 2,660,756,547 vaccine doses have been administered.

This week, Dr. Adrian Hyzler, the Chief Medical Officer of Healix International, joins RIMScast once again to provide an update on current COVID-19 developments. He discusses the current WHO data; the new Delta variant that is causing major disruption in India, South Africa, the UK, and Australia; his outlook on herd immunity; and information around vaccine boosters in development. He also shares some insights around the long-haul symptoms of COVID-19, how these symptoms manifest both physically and mentally, and what risk professionals can continue to do to safely drive their organization’s reopenings.

Key Takeaways:

[:01] About RIMS’s Global Membership.

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

[:35] Upcoming RIMS Virtual Workshops and Webinars.

[2:05] More about today’s episode with Dr. Adrian Hyzler.

[2:55] Justin welcomes Dr. Hyzler back to RIMScast!

[3:01] What we need to know about the COVID-19 Delta variant and how it differs from the Alpha variant.

[5:25] How concerned should we be about the Delta Plus variant?

[6:54] Why boosters of the vaccines are in development.

[10:16] Dr. Hyzler’s outlook on herd immunity.

[13:24] Upcoming RIMS Virtual Workshops, volunteering opportunities, and resources.

[15:45] The long-haul symptoms of COVID-19 and what organizations can do for their employees that are impacted by this.

[21:57] Dr. Hyzler shares his thoughts on how he thinks the long-haul symptoms will impact long-term disability claims and whether insurance companies will accept or deny these claims. He also shares his thoughts on whether or not companies will extend the length of coverage for mental health disabilities in an effort to attract, retain, or accommodate their employees.

[22:53] What Dr. Hyzler feels are some of the best ways to re-emerge from the pandemic, from what companies have done correctly to what we can do as individuals.

[25:45] Has any science changed (around how COVID-19 spreads) since Dr. Hyzler’s last update?

[28:16] How long does Dr. Hyzler predict that we’ll be living our lives against the backdrop of COVID-19?

[30:24] 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:

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Upcoming Webinars:

July 15, 2021 | “10 Essential Steps to Streamline Vendor Risk Assessments” | Sponsored by OneTrust

July 26, 2021 | RIMS and the RIMS Rocky Mountain Chapter Present: “A Discussion of Lloyd’s of London’s ESG Report 2020” — Open Exclusively to RIMS Members!

July 29, 2021 | How Better Data Is Transforming Risk Management & The Commercial Property Insurance Industry | Sponsored by Archipelago

Virtual Workshops:

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

RIMS Virtual Workshops: Claims Management — Register now for July 15‒16th, Aug. 23‒24th, or Nov. 8‒9th

RIMS Risk Appetite Management Virtual Workshop — July 21‒22nd

Save 15% off July and August Workshops! Use discount code LEARNRISK15 — Offer ends July 9th, 2021 (See the offer details below!)

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

Previous Episodes with Dr. Adrian Hyzler:

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

“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

Download any episode of RIM cast.

RIMS Publications, Content, and Links:

RIMS Coronavirus Information Center

Risk Management Magazine

Risk Management Monitor

RIMS Risk Leaders Series — New episode with Cheryl Lloyd now available!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring former RIMS Vice President Steve Pottle

Spencer Educational Foundation

RIMS Diversity, Equity & Inclusion 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:

Dr. Adrian Hyzler

Tweetables (For Social Media Use):

“The message is: get your vaccine and get the full course. And then you’re in a good position if the Delta takes over in your community, which it may well do.” — Dr. Adrian Hyzler

“Bear in mind, it’s not just Delta and Delta Plus; there’s Eta, and Theta, and Kappa, and Lambda — all these variants under investigation that are waiting in the wings. In all likelihood, we’ll go right through the alphabet before this is over.” — Dr. Adrian Hyzler

“I think there’s more confidence that immunity is going to last and that we’re not going to be doing this every year.” — Dr. Adrian Hyzler

“We’re now trying to move to a point where, instead of lots of trials going on everywhere, there’s more centralization of trials and … use of medication that we’ve proven. … [It’s] very important that next time we do use medication that we know works.” — Dr. Adrian Hyzler

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 Masha Sedova, the Co-Founder and President of Elevate Security; the leader in human attack surface management.

Recently, the risk and RIMS community have been seeing an influx of high-profile ransomware attacks in the news, from the Colonial pipeline to the world’s largest meat supplier. The fallout, disruption to operations, and the costs involved in addressing these attacks are enormous.

Luckily for RIMScast listeners, Masha addresses these concerns and shares how risk professionals can actually learn from these attacks and take steps to better protect their organizations. She also discusses the various attacks currently making headlines as well as a variety of other topics on the themes of ransomware and business interruption.

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:26] About today’s episode with Masha Sedova.

[:38] Upcoming RIMS Virtual Workshops and Workshops!

[1:44] More about today’s episode with Masha Sedova.

[2:06] Justin welcomes Masha to RIMScast!

[2:21] Masha shares why and how she originally began a career in cybersecurity.

[3:50] Is Masha finding that risk professionals and risk managers are adapting more easily to the ever-evolving cyber risk landscape?

[5:14] Masha shares her insights on the current high-profile ransomware attacks that are currently in the news.

[7:50] What role the human element plays in the overall idea of cybersecurity risk.

[9:24] How Masha defines human risk.

[11:28] How an organization can measure and quantify human risk.

[14:09] Masha’s advice for mitigating human risk and how your organization can implement employee security controls.

[16:11] Upcoming RIMS workshops, Spencer’s Risk Manager on Campus Program, and more!

[18:33] The current state of measuring and understanding employee risk in organizations today and what the best-in-class companies are doing right now in relation to this.

[22:00] Why falling victim to a ransomware attack is often inevitable (and what we can do as risk professionals to respond gracefully).

[23:47] Why are frontline workers more susceptible to phishing?

[26:13] Are there acceptable levels of human risk? How do you gauge that?

[29:56] What elements of human risk should insurance companies start considering in their policies and coverage as it relates to ransomware?

[36:09] Justin thanks Masha Sedova 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, Webinars, and Services:

Did you attend RIMS Live 2021? Sessions are accessible through June 30th, 2021. Log in with your badge number: RIMS LIVE 2021

If you did not attend RIMS Live 2021 but want to access on-demand content, purchase the “Post Event Virtual Pass” for $499 to access the sessions, keynotes, and marketplace until June 30th. Visit: RIMS.org/RIMS2021

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Upcoming Webinars:

July 15th, 2021 | “10 Essential Steps to Streamline Vendor Risk Assessments” | Sponsored by OneTrust

July 26, 2021 | RIMS and the RIMS Rocky Mountain Chapter Present: “A Discussion of Lloyd’s of London’s ESG Report 2020” — Open Exclusively to RIMS Members!

July 29, 2021 | How Better Data Is Transforming Risk Management & The Commercial Property Insurance Industry | Sponsored by Archipelago

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

Mentioned in this Episode:

Elevate Security Professional Report: “Elevating Human Attack Surface Management”

RIMS Diversity, Equity & Inclusion Council

RIMS Virtual Workshops: Claims Management — Register now for July 15‒16th, Aug. 23‒24th, or Nov. 8‒9th

RIMS Risk Appetite Management Virtual Workshop — July 21‒22nd

Save 15% off July and August Workshops! Use discount code LEARNRISK15 — Offer ends July 9th, 2021 (See the offer details below!)

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

Related RIMScast Episodes:

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

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

“Cybersecurity Frameworks with NIST Fellow, Ron Ross”

“Cyber Risk News & Trends with Tony Anscombe”

“Cyberrisk News & Trends with Tony Anscombe, Part 2”

“Cybersecurity in a COVID-19 World with Luke Wilson”

“Cybersecurity Tips for Small Businesses with Daniel Eliot”

“Cybersecurity with Christopher Loeber”

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

Download any episode of RIMScast.

RIMS Publications, Content, and Links:

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New episode with Cheryl Lloyd now available!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New Interview featuring former RIMS Vice President Steve Pottle

Spencer Educational Foundation

Elevate Security

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:

Masha Sedova’s LinkedIn

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

Rejoining RIMScast this week is special guest, Victoria Nolan! Victoria is a member of the RIMS Diversity, Equity, and Inclusion (DEI) Council and the owner of Victoria Nolan Enterprises. Previously, she was the Risk Manager at Clean Water Services in Oregon for 30‒½ years.

This month, June 2021, marks the annual Pride Month. In Justin and Victoria’s conversation today, they discuss the new legislation that protects those in the LGBTQ+ community, the anti-LGBTQ+ bills that have been enacted into law this year, how these both impact the risk profession, and what risk leaders can do to influence their organizations to protect their LGBTQ+ employees. Victoria also shares what the RIMS DEI Council is doing to help provide safety and opportunity for LGBTQ+ risk professionals, her own personal and professional experiences over the last year as a member of the LGBTQ+ community, and her advice to other risk leaders on improving DEI in their workplace.

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:27] About today’s episode with Victoria Nolan.

[:35] How to access RIMS LIVE 2021 sessions and keynotes online!

[1:15] Upcoming RIMS Virtual Workshops.

[1:46] More about today’s episode with Victoria Nolan.

[2:24] Justin welcomes Victoria back to RIMScast!

[2:31] Victoria shares her insights on how Pride Month last year was much more than just Pride Month.

[3:12] How this last year has been challenging for Victoria as a member of the LGBTQ+ community.

[4:47] As a risk professional, Victoria comments on what she saw as some of the more major changes over the last year.

[6:29] Victoria shares her experience over the last year from the lens of a RIMS DEI leader.

[8:07] Discussing legislation and advocacy, Victoria shares her thoughts and feelings on the executive order signed by Biden in January that expands LGBTQ+ non-discriminatory protections and the recent press release by the Human Rights Campaign that stated 17 anti-LGBTQ+ bills have been enacted into law in the U.S. this year, surpassing 2015 as the worst year in recent history for LGBTQ+.

[14:45] Upcoming RIMS webinars!

[15:41] If you’re looking to give back, consider volunteering for Spencer’s Risk Manager on Campus Program.

[15:58] Be sure to visit the RIMS DEI Council page!

[16:32] What risks should companies consider when it comes to the protection of their LGBTQ+ employees?

[20:11] The topic of pronouns has become more prominent in the past couple of years. Why are pronouns so important and how can including your pronouns in the business world have a positive effect?

[23:21] How the RIMS DEI Council is helping to provide safety and opportunity for LGBTQ+ risk professionals.

[27:31] Justin thanks Victoria 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, Webinars, and Services:

Did you attend RIMS Live 2021? Sessions are accessible through June 30th, 2021. Log in with your badge number: RIMS LIVE 2021

If you did not attend RIMS Live 2021 but want to access on-demand content, purchase the “Post Event Virtual Pass” for $499 to access the sessions, keynotes, and marketplace until June 30th. Visit: RIMS.org/RIMS2021

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Upcoming Webinars:

June 23, 2021 | “Bermuda and the Changing Landscape of Climate Risk” | Sponsored by Bermuda Business Development Agency

Mentioned in this Episode:

“Biden issues executive order expanding LGBTQ nondiscrimination protections,” NBC News

“2021 Officially Becomes Worst Year in Recent History for LGBTQ State Legislative Attacks as Unprecedented Number of States Enact Record-Shattering Number of Anti-LGBTQ Measures Into Law,” by Wyatt Ronan | Human Rights Campaign

RIMS Diversity, Equity & Inclusion Council

RIMS Virtual Workshops: Claims Management — Register now for July 15‒16th, Aug. 23‒24th, or Nov. 8‒9th 

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

Related RIMScast Episodes:

“Diversity Lessons and Looking Forward to 2021 with RIMS D&I Council”

“Diversity as a Successful Business Division with Rodney Johnson”

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

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

“Pride Month 2020 with RIMS D&I Council Members, Kevin Thomas and Victoria Nolan”

“Asian Pacific American Heritage Month 2021”

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

“Women’s Advancement in the Risk Profession”

Download any episode of RIMScast.

RIMS Publications, Content, and Links:

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New episode with Cheryl Lloyd now available!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New Interviews featuring former RIMS Vice President Steve Pottle and 2021 Rising Star Elliot Long

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:

Victoria Nolan’s LinkedIn

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

The Spencer Educational Foundation has launched its 2nd annual comprehensive fundraising campaign, “Funding Their Future Campaign.” This campaign, which aims to raise $1 million, is being held in lieu of Spencer’s Annual Gala; one of the industry’s most successful fundraisers. Through September 15th, 2021, Spencer will recognize longtime industry supporters and those who helped pave the way for Spencer’s success, highlight the growth Spencer has achieved since its founding in 1979, and celebrate the diverse and talented students who have benefited from Spencer’s programming and are starting careers in risk management and insurance.

During this year’s campaign, Spencer will be honoring RIMS CEO, Mary Roth, and Peter Garvey of EPIC Insurance Brokers and Consultants. And lucky for RIMScast listeners, Justin Smulison just so happens to have a direct line of communication to Mary Roth!

In today’s episode, Mary shares about all of the wonderful things that Spencer Ed is doing, her 35-year career with RIMS, how she has seen the risk management space evolve over these years, how RIMS has adapted during the pandemic, and how she sees the Spencer Ed Foundation continuing to advance the future of risk management.

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:27] About today’s episode!

[:34] How to access RIMS LIVE 2021 sessions and keynotes online!

[1:12] More about today’s episode with Mary Roth.

[2:08] Justin welcomes Mary Roth back to RIMScast!

[2:20] The past 16th months have been unlike any other. How does Mary feel that the RIMS society prepared and adapted during this time?

[3:13] Having been in the risk management profession for over 35 years, how has Mary seen it evolve for the better?

[4:13] Mary shares her initial reaction from when she first received the news that she was going to be honored during Spencer’s Funding Their Future Campaign.

[5:00] Mary comments on being honored alongside Peter Garvey of EPIC Insurance Brokers and Consultants.

[5:38] How Mary sees Spencer continuing to advance the future of risk management.

[6:40] Why Spencer’s mission and professional education development are important to both RIMS and Mary.

[7:27] Mary shares what she is most proud of in her professional career.

[8:41] About upcoming RIMS webinars, events, and programs.

[10:20] Mary shares words of wisdom and advice for future risk leaders.

[11:50] Justin Mary Roth for joining RIMScast and highlights some of the links to check out in this episode’s show notes.

Mentioned in this Episode:

RIMS Events, Webinars, and Services:

Did you attend RIMS Live 2021? Sessions are accessible through June 30th, 2021. Log in with your badge number: RIMS LIVE 2021

If you did not attend RIMS Live 2021 but want to access on-demand content, purchase the “Post Event Virtual Pass” for $499 to access the sessions, keynotes, and marketplace until June 30th. Visit: RIMS.org/RIMS2021

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Upcoming Webinars:

June 16, 2021 | NARIMS Presents “State of the Market” | Free For All RIMS Members

June 17, 2021 | “How Ransomware Trends Impact Your Bottom Line” | Sponsored by Beazley

June 23, 2021 | “Bermuda and the Changing Landscape of Climate Risk” | Sponsored by BDA

RIMS Virtual Workshops

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Mentioned in this Episode:

RIMS Path To The Boardroom

RIMS Professional Growth Model

Related RIMScast Episodes:

“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”

“Monica Merrifield on Innovation and Strategic Risk Management”

“Women’s Advancement in the Risk Profession”

“The Intersection of ERM and Corporate Culture with Gretchen Anderson”

Download any episode of RIMScast.

RIMS Publications, Content, and Links:

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New episode with Cheryl Lloyd now available!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New Interviews featuring former RIMS Vice President Steve Pottle and 2021 Rising Star Elliot Long

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

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 Guests:

Mary Roths’ LinkedIn

Tweetables (For Social Media Use):

“I am honored and proud that our staff was able to shift and pivot as seamlessly as they did [through the pandemic]. … I believe that we fared quite well.” — Mary Roth

“Risk management has really broadened its scope. It’s gotten the recognition that it needs to get within the business community and it’s become an integral business discipline within any organization.” — Mary Roth

“To be honored by Spencer and to be able to give back to Spencer alongside Peter [Garvey] is a pleasure.” — Mary Roth

“Spencer is an important component to the advancement of the discipline of risk management. The foundation is part of the infrastructure of educating future professionals.” — Mary Roth

“Join RIMS and be an active participant in the [risk] discipline. Create a future [and] contribute to that future. … And continue to learn. This journey is a lifelong learning experience.” — Mary Roth

“Make … connections. Find individuals to challenge you, to assist you, [and] to make sure that [you’re on the right] track.” — Mary Roth

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

In the aftermath of the financial crisis, the COVID-19 pandemic has caused boards to rethink their risk oversight. As a result, managing risk has become more top-of-mind as a skill set for board recruitment. And these days, what better site to use than LinkedIn to network if you want to find yourself in a boardroom? Networking virtually is becoming an absolute necessity as more and more professionals go remote.

In this episode of RIMScast, Whitney Craig, RIMS Government Relations Director, rejoins the podcast to conduct a special interview with career coach, Richard Dodson! Richard is an award-winning author, speaker, career consultant, and — most importantly for this conversation — a LinkedIn expert! Currently, he is an Executive Consultant and the LinkedIn Practice Lead at Navigate Forward; the premier provider of Executive Transition Services. To say Richard is knowledgeable in the space of self-promoting and catalyzing careers is an understatement. His book, Power Your Career: The Art of Tactful Self-Promotion, won five national awards as the best career book of the year; and he has coached more than one thousand people through challenging career transitions.

Richard and Whitney speak about the RIMS Path to the Boardroom initiative, the skill sets and personal branding updates you need on your LinkedIn profile to either sit on a board or rise to a high position in leadership, the most important first steps to take in order to be considered for a board, how to leverage virtual networking, and what you can do to use LinkedIn to procure a board seat.

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:26] About today’s episode!

[:38] How to access RIMS LIVE 2021 sessions and keynotes online!

[1:12] More about today’s episode.

[2:00] Justin welcomes Whitney Craig back to RIMScast!

[2:05] Whitney shares about the RIMS Path to the Boardroom initiative.

[2:37] Why did Whitney choose to interview Richard Dodson in this episode?

[3:20] As the guest host of the podcast, Whitney welcomes Richard Dodson to the podcast and shares what they will be discussing in their interview.

[3:41] What is a LinkedIn expert?

[4:26] The most important aspects of your LinkedIn profile that you need to focus on to get it to that next level.

[5:45] How important is it to have good photographs on LinkedIn?

[6:19] How to write a good headline (under your name and photo) on LinkedIn.

[6:59] Should you clear out old or irrelevant information on your LinkedIn when you’re setting your sights on a board seat?

[8:10] How similar is a LinkedIn profile to a CV or resume?

[9:14] How important are endorsements on LinkedIn to a recruiter?

[11:17] LinkedIn influencers: does your follower count matter to a recruiter?

[13:20] Should you reach out to board members on LinkedIn?

[15:02] How important is your LinkedIn profile activity when someone is vetting you for a board seat? What are they looking for in potential board candidates?

[17:54] Upcoming RIMS webinars, events, and initiatives.

[19:15] Why Richard wrote his book, Power Your Career: The Art of Tactful Self-Promotion at Work.

[20:19] Richard shares some tactful, self-promoting tips for risk professionals that are more reserved.

[23:15] About Navigate Forward and how they help professionals with board readiness.

[26:40] When should someone start analyzing, tailoring, and building their LinkedIn brand?

[29:47] Whitney thanks Richard Dodson for joining this episode of RIMScast.

[30:15] Justin gives his thanks to Whitney and Richard, and highlights some of the links to check out in this episode’s show notes!

Mentioned in this Episode:

RIMS Events, Webinars, and Services:

Did you attend RIMS Live 2021? Sessions are accessible through June 30th, 2021. Log in with your badge number: RIMS LIVE 2021

If you did not attend RIMS Live 2021 but want to access on-demand content, purchase the “Post Event Virtual Pass” for $499 to access the sessions, keynotes, and marketplace until June 30th. Visit: RIMS.org/RIMS2021

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Upcoming Webinars:

June 9, 2021 | RIMS Advocacy Presents: The Legislative Landscape for Autonomous Vehicles for 2021 and Beyond — FREE FOR MEMBERS ONLY. REGISTRATION REQUIRED.

June 10, 2021 | “Mission Critical — Actionable Insights to Strengthen DEI Strategies for the Insurance Industry” | Sponsored by Gallagher CORE360 Insights

June 16, 2021 | NARIMS Presents “State of the Market” | Free For All RIMS Members

June 23, 2021 | “Bermuda and the Changing Landscape of Climate Risk” | Sponsored by BDA

RIMS Virtual Workshops

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Mentioned in this Episode:

RIMS: Path To The Boardroom

Navigate Forward’s Board Readiness Page (Includes Free Resources)

Power Your Career: The Art of Tactful Self-Promotion at Work, by Richard Dodson and Nancy Burke

Related RIMScast Episodes:

“Risk Quantification and Constructive Criticism with James Lam”

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

“Monica Merrifield on Innovation and Strategic Risk Management”

“Women’s Advancement in the Risk Profession”

“The Intersection of ERM and Corporate Culture with Gretchen Anderson”

Download any episode of RIMScast.

RIMS Publications, Content, and Links:

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New episode with Cheryl Lloyd now available!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New Interview features 2021 Rising Star, Elliot Long

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

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 Guests:

Whitney Craig’s LinkedIn

Richard Dodson’s LinkedIn

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

Considering hurricane activity alone, 2020 was a tumultuous year with a record of 30+ named storms. Now, we are at the start of 2021’s hurricane season in North America and the National Oceanic and Atmospheric Administration is predicting another above-normal Atlantic hurricane season.

To discuss 2021 weather predictions and the connection between climate change and severe storms are two leaders from Swiss Re — Scott Carpinteri and Megan Linkin. Scott is the Senior Vice President and specializes in innovative risk solutions and corporate solutions. Prior to his current role, he was responsible for Treaty Reinsurance at Swiss Re as a Reinsurance Structurer, Treaty Underwriter, and Pricing Actuary. Megan Linkin is a Senior Parametric Nat Cat Underwriter at Swiss Re Corporate Solutions and has a Ph.D. in Atmospheric and Oceanic Science.

In this conversation, Scott and Megan give their forecasts on the 2021 hurricane season, climate change, and business interruption, and how parametric insurance might be useful for more companies moving forward.

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:27] About today’s episode!

[:42] How to access RIMS LIVE 2021 sessions and keynotes online!

[1:17] Upcoming RIMS webinars.

[1:58] More about today’s episode with Swiss Re leaders.

[2:25] Justin welcomes Scott Carpinteri and Megan Linkin to RIMScast!

[2:42] Scott and Megan introduce themselves, speak about their careers, and share how long they have been in the risk and insurance industry.

[4:54] The unique challenges for natural catastrophe preparedness in 2021.

[8:12] Megan shares how she is seeing climate change impacting hurricanes.

[11:24] Scott explains what parametric insurance is and shares how businesses are leveraging parametrics for the hurricane season in 2021.

[15:35] About the Spencer Educational Foundation.

[16:33] How to sponsor a RIMScast episode!

[17:04] Megan shares some of the lessons learned as a result of the Texas winter weather crisis that happened earlier in 2021 from a meteorological lens.

[22:20] Scott shares his perspective on the lessons learned as a result of the Texas winter weather crisis from an insurance point of view.

[26:02] Scott highlights key differentiators between companies that handled disaster well in 2020-2021 vs. those that handled disaster poorly or struggled.

[28:18] Megan elaborates on the speed of payout.

[29:11] Justin thanks both guests for joining RIMScast and highlights some of the links to check out in this episode’s show notes!

Mentioned in this Episode:

RIMS Events, Webinars, and Services:

Did you attend RIMS Live 2021? Sessions are accessible through June 30th, 2021. Log in with your badge number: RIMS LIVE 2021

If you did not attend RIMS Live 2021 but want to access on-demand content, purchase the “Post Event Virtual Pass” for $499 to access the sessions, keynotes, and marketplace until June 30th. Visit: RIMS.org/RIMS2021

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Upcoming Webinars:

June 3, 2021 | “Building a Framework for Managing Climate-Related Damage Potential” | Sponsored by Beazley

June 9, 2021 | RIMS Advocacy Presents: The Legislative Landscape for Autonomous Vehicles for 2021 and Beyond — FREE FOR MEMBERS ONLY. REGISTRATION REQUIRED.

June 10, 2021 | “Mission Critical — Actionable Insights to Strengthen DEI Strategies for the Insurance Industry” | Sponsored by Gallagher CORE360 Insights

June 23, 2021 | “Bermuda and the Changing Landscape of Climate Risk” | Sponsored by BDA

RIMS Virtual Workshops

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Mentioned in this Episode:

Swiss Re

Related RIMScast Episodes:

“Severe Weather and Insurance Strategies with Vince Morgan” March 23, 2021

“California Wildfires: Risks, Preparedness, Business Continuity, and the Impact on Insurance Markets” Nov 2, 2020

“Dr. Daniel Kaniewski on FEMA Resilience” Aug. 13, 2019

“Climate Risk with Author, Jeff Nesbit” Dec. 11, 2018

Download any episode of RIMScast.

RIMS Publications, Content, and Links:

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New episode with Cheryl Lloyd now available!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New Interview features 2021 Rising Star, Elliot Long

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

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 Guests:

Scott Carpinteri’s LinkedIn

Megan Linkin’s LinkedIn

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

This week on RIMScast, Justin Smulison is joined by the 2021 Heart of RIMS Award recipient and longtime RIMS Nevada Chapter Leader, Mark Habersack!

Mark Habersack is the Director of Risk Management for MGM Grand and has been a mainstay of the RIMS Nevada Chapter for decades — having helped build it from the ground up!

The 2021 Ron Judd “Heart of RIMS” Award pays tribute to the legacy of Ron Judd who served as the RIMS Executive Director for 22 years. Individuals are nominated by chapters for outstanding performance in advancing RIMS at the chapter level.

Justin and Mark discuss Mark’s illustrious career, the unexpected challenges and risks involved with keeping a temporarily closed casino functional, how the RIMS Nevada Chapter has evolved over the years, and his experience in being the recipient of the 2021 Heart of RIMS Award.

Key Takeaways:

[:01] About RIMS’s Global Membership.

[:26] About today’s episode!

[:33] How to access RIMS LIVE 2021 sessions and keynotes online!

[1:09] Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open!

[1:25] About today’s first guest, Mark Habersack.

[1:45] Justin welcomes Mark Habersack to RIMScast.

[2:30] Mark shares about his rich career history.

[3:25] Mark speaks about his transition into the gaming industry in Las Vegas.

[5:35] How and why Mark became one of the co-founders of the RIMS Nevada Chapter, what it has meant to him, and what it introduced him to.

[8:46] How did Mark build up enthusiasm in membership in the late ’80s, early ’90s without the presence of the internet like we have today?

[11:00] How big is the department Mark is a part of?

[11:50] How COVID-19 impacted Mark’s professional work as well as RIMS Nevada Chapter.

[18:07] About upcoming RIMS webinars and workshops.

[19:44] Mark shares what it is like to be the Heart of RIMS Award Recipient 2021.

[22:39] Mark’s advice for rising risk professionals who might be interested in creating a RIMS chapter of their own.

[26:33] Justin thanks Mark Habersack for joining RIMScast and highlights some of the links to check out in this episode’s show notes!

Mentioned in this Episode:

RIMS Events, Webinars, and Services:

Did you attend RIMS Live 2021? Sessions are accessible through June 30th, 2021. Log in with your badge number: RIMS LIVE 2021

If you did not attend RIMS Live 2021 but want to access on-demand content, purchase the ‘Post Event Virtual Pass’ for $499 to access the sessions, keynotes, and marketplace until June 30th. Visit: RIMS.org/RIMS2021

Registration for the VIRTUAL Spencer & Gallagher Golf Tournament is now open! Visit SpencerEd.org for more information and to register through August 15th, 2021 (You choose the golf course and team all while continuing to support the Spencer Educational Foundation!)

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

Upcoming Webinars:

May 27, 2021 | “The Dark Side of Human Nature: Preparing for Impact After a Year of Growing Tensions” | Sponsored by Beazley

June 3, 2021 | “Building a Framework for Managing Climate-Related Damage Potential” | Sponsored by Beazley

June 10, 2021 | “Mission Critical — Actionable Insights to Strengthen DEI Strategies for the Insurance Industry” | Sponsored by Gallagher CORE360 Insights

June 3-4, 2021 | Virtual Workshop: Contractual Risk Transfer | Registration closes May 27th

RIMS Virtual Workshops

RIMS-CRMP-FED Virtual Prep Course — May 24-26th, 2021

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Mentioned in this Episode:

Risk Management Magazine’s 2021 Awards Issue

Related RIMScast Episodes:

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

“RIMS 2021 Award Winners: Elliott Long and Sue Mepham”

“Making the Grade: Cheryl Lloyd, Risk Manager of the Year Honor Roll Inductee”

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

“Risk Management in Higher Education with RIMS 2019 Risk Manager of the Year, Luke Figora”

“Transformative ERM Programs with 2018 Risk Manager of the Year, Rebecca Cady”

“RIMS 2020 Award Winners: Mark Humphreys and Katherine Dawal”

“RIMS 2020 Award Winners: Audrey Rampinelli and Larry Glasser”

Download any episode of RIMScast.

RIMS Publications, Content, and Links:

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series — New episode with Carol Fox now available!

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New Interview features 2021 Rising Star, Elliot Long

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

Spencer Educational Foundation

RIMS Awards Press Release: “RIMS Risk Manager of the Year Awarded to Lockheed Martin Corporation’s Michael Harrington”

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:

Mark Habersack’s LinkedIn

Tweetables (For Social Media Use):

“Any claim you … think of, we’ve probably seen in Las Vegas. Every one of the properties … is basically a small city unto itself. So, the exposures are huge and the mitigation is something that takes a lot of effort and cooperation among all our departments.” — Mark Habersack

“People don’t realize that even if a casino closes — which is extremely rare — risk is still busy. Risk still doesn’t go away. It also takes quite a bit to maintain a closed building.” — Mark Habersack

“The [Heart of RIMS] award should actually be [awarded to] all our founders that started the [RIMS Nevada] chapter. … Right now we have such a successful and proactive board of directors … that have really propelled our chapter forward … at a national level.” — Mark Habersack

“Students and young rising [risk] professionals: take the tools [and] take the lessons that we’ve forged from 20-30 years ago.” — Mark Habersack

“Even [through] the pandemic, our chapter remained viable and continued doing educational sessions monthly. And, again, that wouldn’t be possible without the help of the [RIMS] society as a whole.” — Mark Habersack