IRMI Podcast

The Power of Battery Energy Storage Systems

Battery energy storage systems (BESS) are a growing coverage concern. Power utilities are using them to balance the power grid, and these systems are also increasingly being used by commercial entities to harness energy from renewable sources and store that energy for future use. BESS technology enables commercial, industrial, and even consumer entities to create a source of backup power, reduce demand on the grid, and improve power capacity and quality. As adoption grows, you might be shocked by some of the coverage challenges our experts from The Hartford share in this 20-minute podcast episode. 

Risk Management and Farming

In this 9-minute podcast episode, Laramie Sandquist, AVP of risk management, Nationwide Agribusiness, reflects on the impact on the farm landscape caused by climate activity, labor shortages, social inflation, and more.

Settle in for this podcast episode, hosted by IRMI Chief Content Officer Joel Appelbaum, as Mr. Sandquist advises that even with the headwinds we are facing, there are opportunities for risk management on the farm.

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

Supply Chain Risk Impacts Just-in-Time Products in Agriculture

In this 21-minute Snap Talk, Elizabeth Morrison, attorney at law, Hall Booth Smith, shares supply chain risk management wisdom for agriculture and other industries and her unique views as a transportation lawyer from the foothills of North Carolina with IRMI Chief Content Officer Joel Appelbaum.

The agriculture/transportation crossover also occurs at the legal level. Settle in for this podcast episode as Ms. Morrison provides pertinent examples of this intersection of supply chain risks and how to mitigate them in your industry.

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

Construction Delay Analysis and Disputes

Construction delays often result in some of the more complicated claims and often require some form of delay analysis as part of a proof of loss. Demonstrating delay can be one of the, if not the most contentious, parts of a construction claim. In this podcast episode, Michael Oliveri of Liberty Mutual outlines the three most common pitfalls contractors face when managing a delay claim and how to avoid them.

Janis Highley Talks Calls, Puts, and Futures

In this 14-minute Snap Talk, Janis Highley, district education and outreach coordinator for Indiana Farm Bureau, Inc., talks calls, puts, and futures with IRMI Chief Content Officer Joel Appelbaum.

How can farmers use hedging to make themselves financially whole? Settle in for this podcast episode as Ms. Highley explains in plain language this interaction of calls, puts, and futures.

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

Managing Merger and Acquisition Risks

In this 12-minute podcast episode, Emily Glanz of Cottingham & Butler outlines how representations and warranties insurance can help mitigate the impact of merger or acquisition transactional risks and provide a viable alternative to escrow.

Introduction to Captives

Captive insurance can be confusing at times. However, a captive can be a great addition to the tool belt of farmers and ranchers. Captive insurance is gaining popularity in the agribusiness world as insurance industry professionals continue to explore the many applications possible.

In this podcast episode, Prabal Lakhanpal, vice president, Spring Consulting Group, explains in a Snap Talk the basics of captive insurance and why a captive may be the right solution for your client.

COVID Loss and Claims Handling

This 11-minute 2022 IRMI Emmett J Vaughan Agribusiness Conference SnapTalk is presented by Chantal Roberts, president of CMR Consulting. There is no "one-size-fits-all" claim, as we know, and that is certainly true of COVID claims. Listen to learn how adjusting COVID claims is not only different from other claims but is different from early COVID claims adjusting as well.

Harnessing the Power of Real-Time Data

In this 16-minute episode of IRMI Podcast, Kevin Miranda, president of MAC Safety and founder of MAC Intelligence, discusses how safety and risk data can be leveraged into actionable items by harnessing the power of data. By performing quantitative analysis in real time, contractors can identify and correct risk factors by putting data in the hands of the person who needs it, at the time it's needed.

Underwriting—Why It’s Important

This 14-minute podcast episode reminds us of how critical proper underwriting is and the dangers of underestimating its importance. Listen to learn how correctly assessing the amount of risk you present to a potential insurer will improve everyone's results.

This was originally a Snap Talk given by Robin Souza, director of farm and ranch with Bascule Insurance Services and longtime favorite Agribusiness and Farm Insurance Specialist course instructor for the IRMI Emmett J Vaughan Agribusiness Conference. 

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