IRMI Podcast

Transforming Risk Transfer: Parametric 144A Cat Bonds in Captive Insurance and Market Innovations

In this podcast episode, Dr. Marcus Schmalbach, a specialist in parametric risk trading and CEO of RYSKEX, joins Joel Appelbaum of IRMI and Captive.com to explore the evolving landscape of the captive insurance industry, parametric risk trading, and the emergence of parametric 144A catastrophe (cat) bonds. 

Dr. Schmalbach sheds light on recent market innovations and their implications for the insurance and capital markets, including the key features and achievements of the Beazley and Lloyd's London Bridge 2 deal as well as the significance of Swiss Re's industry-loss-triggered cyber-catastrophe bond. 

The Proper Classification of Building Construction for Property Insurance

This podcast episode is a 10-minute Snap Talk presented by Carl Morello, an IRMI Emmett J Vaughan Agribusiness Conference (AgriCon) favorite speaker who serves as telematics program administrator for GraniteRock. Mr. Morello previews an important AgriCon Agent Roundtable topic highlighting proper classification of building construction for farm properties. If you missed this important discussion among agents at the 2024 IRMI AgriCon West held 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!

Bringing Down Silos in Safety Management

In this 16-minute episode, Tricia Kagerer of Jordan Foster Construction describes how future-oriented contractors are tearing down silos and uniting around total human health by merging their efforts in risk management, safety, leadership, diversity/equity/inclusion, and overall well-being.

Navigating Tennessee's Captive Insurance Landscape

In a recent IRMI Podcast episode, host Joel Appelbaum, chief content officer at IRMI and Captive.com, and guest Carter Lawrence, commissioner of the Tennessee Department of Commerce and Insurance, delve into the history, regulations, and future outlook of captive insurance in Tennessee. Commissioner Lawrence highlights Tennessee's emergence as a prominent captive insurance domicile since the overhaul of its captive insurance laws in 2011 and discusses challenges and trends facing the captive insurance industry, both nationally and within Tennessee.

Navigating the AI Revolution in Captive Insurance: Shaping the Future of Information

In this podcast episode, Mike Maglaras of Michael Maglaras & Company joins Joel Appelbaum of IRMI and Captive.com to explore the intersection of captive insurance and artificial intelligence (AI). They discuss how AI is transforming the insurance sector, from helping underwriters collect Web data and evaluate risks to interpreting regulations and enhancing claims adjustment with predictive technology. Mr. Maglaras highlights the critical need for the industry to embrace AI to adapt policies and manage new risks effectively. Tune in to learn why this shift is essential and will change the future of insurance.  

Keys to Avoiding Catastrophic Fleet Verdicts

"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.

Charting Paths: Women in Financial Services and Captive Insurance

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.

Marnye Langer Talks Horses

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!

From Tragedy to Hope: Changing Lives One Kid at a Time

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)

Agriculture and Food Recall

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!