IRMI Podcast

"Nuclear" verdicts have put intense strain on contractors and their insurance companies, and vehicle accidents are a common source of these claims. Contractors must be diligent in following best practices to reduce fleet-related losses. In this 15-minute episode of IRMI Podcast, Carl Heinlein of ACIG shares 5 keys to reducing the potential for a catastrophic verdict.

In this insightful podcast conversation, strategic investment expert Anjanette Fowler shares her journey into the financial services industry. Starting as a mail runner and becoming a specialist in financial and investment advice for alternative risk clients, she found her way into the industry through a surprising question about softball skills.

As a current managing director at PNC Financial Services, with a career spanning over 30 years, she discusses the evolving professional landscape for women, emphasizing the importance of stepping out of comfort zones and building supportive networks. Anjanette highlights initiatives like the Captive Insurance Companies Association's Amplify Women group, focusing on networking, education, and inclusion to support diversity in the industry. Her advice for women and other aspiring professionals in the captive insurance industry is simple yet profound: be authentic to yourself, as the industry values diverse perspectives and contributions.

This podcast episode is a 10-minute SnapTalk presented by Marnye Langer, president and CEO of The Langer Group, which specializes in all aspects of the equestrian industry including insurance. Ms. Langer previews "Trends in the Equine Market," her session at the 2024 IRMI Emmett J Vaughan Agribusiness Conference (AgriCon) events. Ms. Langer provides important insight into why it's critical that agents and underwriters alike understand the exposures and complexities a commercial equine risk entails. If you missed this terrific presentation at the 2024 IRMI AgriCon West held recently in San Mateo, California, you've got another chance to be a part of the discussion. Join us for 2024 IRMI AgriCon Central September 9–11 in Des Moines, Iowa; registration is still open!

Be sure to check out the other agribusiness resources that IRMI has to offer!

A workplace fatality happens every 96 minutes in the United States. These events have a life-shattering impact on a worker's family. Since 1988, Kids' Chance has provided hope for more than 10,000 children of workers who suffered a serious injury or fatality by providing scholarships that help them pursue their dreams. In this 23-minute episode, learn about this inspiring organization's mission and hear from a Kids' Chance scholar about how the help provided changed the trajectory of her life.

Please share this episode with your colleagues and employers and visit the Kids' Chance website to help raise awareness of this vital resource.

Learn More about Kids' Chance | Kids' Chance of America (kidschance.org)

This podcast episode is a 12-minute Snap Talk presented by Bernie Steves, managing director and global head of crisis management at Aon. Mr. Steves previews "Why Recalls Are Increasing and How To Mitigate Recall Exposure," his session at the two upcoming 2024 IRMI Emmett J Vaughan Agribusiness Conference (AgriCon) events. Mr. Steves provides compelling insight into why food recall is among the top industry risk concerns within the agricultural business.

Be sure to check out the other agribusiness resources that IRMI has to offer!

In this podcast episode, Joel Appelbaum, chief content officer for IRMI and Captive.com, welcomes Anne Marie Towle, CEO of Global Risk and Captive Solutions at Hylant. With over 30 years of expertise in captive insurance and risk management, Anne Marie shares valuable insights on adopting a captive-centric approach to risk management.

The episode highlights the pivotal role captives play in strategic decision-making and underscores their growing significance in the ever-evolving landscape of risk management. The episode discusses the dynamic nature of risk philosophy, and Anne Marie emphasizes the importance of aligning with industry experts and continuously evaluating risk appetite. She illustrates a success story where a large organization optimized multiple captives to enhance risk management protocols, streamline processes, and support safety initiatives.

Sustainable construction requires an understanding of the factors driving the need to focus on greenhouse gas emissions—expressed as Scopes 1, 2, and 3. In this 10-minute podcast episode, Cheri Hanes of AXA XL examines the meaning of Scopes 1, 2, and 3 and provides construction-specific examples and challenges of each.

In this podcast episode, captive expert Derek Bridgeman, managing director at Strategic Risk Solutions (SRS) Europe, explores the factors driving captive growth in Europe, including the hardening of primary markets, increased interest in captive insurance, and regulatory changes.

He also discusses the challenges and advantages of captive structures, underscoring their significance in incubating and understanding risks. Additionally, he provides insights into the future trends of captives in Europe, foreseeing sustained growth, increased demand for consulting services, and potential innovations in captive management.

In this insightful podcast episode, legal experts Bruce Wright and Saren Goldner from Eversheds Sutherland explore how captive insurers utilize reinsurance and risk pooling. The duo unravels the nuanced nature of reinsurance transactions, emphasizing the diversity of approaches and debunking the one-size-fits-all myth. The conversation extends to the impact of regulatory requirements on captives and their reinsurance activities, offering practical examples to illustrate potential challenges. Listeners gain a primer on key distinctions in assuming versus ceding risk, as well as indemnity reinsurance versus assumption reinsurance. The discussion also explores the relationship between reinsurance and risk pooling, highlighting the benefits for captives. The episode concludes with an examination of 10 crucial aspects for captive risk pools to consider in navigating the regulatory landscape, providing a comprehensive guide for those involved in captive insurance.

This podcast episode is an 11-minute SnapTalk presented by John Talley, president of TAL Consulting.Mr. Talley, former captive program manager for the Missouri Department of Commerce and Insurance, previews "Captive Insurance in the Farming Industry," his session at the two upcoming 2024 IRMI Emmett J Vaughan Agribusiness Conference (AgriCon) events. Mr. Talley provides a great example of agricultural application of captive insurance for a sneak previewinto some of the insight you will gain at IRMI AgriCon 2024.

Be sure to check out the other agribusiness resources that IRMI has to offer!