Jul 12, 2022
Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
With it being July 2022, it is the perfect time for RIMScast to be catching up with RIMS Publication Director and third-time returning guest, Morgan O’Rourke! In this episode, Morgan gives his 2022 midyear update on the current news and trends of the risk profession. He also shares his philosophy on managing his employees as a team leader, his thoughts on how prominent ESG should be in the collective mindset of risk professionals today, and how he believes ransomware and cyber hygiene will shape the future of the risk profession.
Key Takeaways:
[:01] About the RIMS Membership.
[:14] About RIMScast.
[:26] About today’s episode with Morgan O’Rourke.
[:36] Upcoming RIMS webinars and workshops.
[1:56] More about today’s episode.
[2:21] Justin welcomes Morgan O’Rourke back to the podcast!
[3:17] Morgan highlights some of the biggest topics that are currently impacting the risk profession.
[4:09] How jackware, ransomware, and cyber hygiene are impacting the risk profession and Morgan’s thoughts on how it will shape the future of the profession, going forward.
[7:38] How has inflation impacted the risk profession? And how does it bleed into employee retention?
[10:50] RIMS plug time! Everything you need to know about upcoming events, webinars, and more!
[13:30] As a team leader, how does Morgan celebrate his team’s small victories?
[17:39] How prominent does Morgan believe that ESG should be in the collective mindset of risk professionals today?
[21:22] Why you should check out the RIMS App!
[22:53] What topics and subtopics is Morgan hoping to cover in the Sept./Oct. edition of Risk Management Magazine?
[26:49] Justin thanks Morgan O’Rourke for joining the podcast and shares some of the links to check in today’s show notes — including how to submit your topic or contribute an article for Risk Management Magazine!
Mentioned in this Episode:
Risk Management Magazine: “4 Strategies to More Successfully Manage Remote Teams”
RIMS Events, Education, and Services:
RIMS Canada 2022 — Turning Tides — Sept. 11th‒14th in Halifax!
NEW FOR MEMBERS! RIMS Mobile App
RIMS Advocacy — Legislative Summit Returns on September 20th!
Spencer Educational Foundation | Annual Gala Returns Sept. 22, 2022
RISKWORLD registrants can still access educational sessions on-demand through the RISKWORLD app and through desktop here.
Dan Kugler Risk Manager on Campus Grant
Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information.
In-Person Events:
The 2022 Florida RIMS Educational Conference | Naples, FL | July 26‒July 30
Create a Contract that Effectively Transfers Risk | Naples, FL | July 30‒31 (Save $200 at checkout with code LEARNFL22 if you are also attending the Florida Educational Conference!)
Virtual Workshops:
“RIMS-CRMP Exam Prep Virtual Workshop” co-hosted by St. John’s University — Aug 3‒4
“Fundamentals of Risk Management” — Aug 10‒11
Sponsored RIMScast Episodes:
“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD (NEW)
“Managing Global Geopolitical Risk in 2022 and Beyond” | Sponsored by AXA XL
“Keeping Subcontractors Safe Through Partner Elevation” | Sponsored by Highwire
“ESG: A Responsibility and a Growing Megatrend” | Sponsored by Prudent Insurance Brokers Ltd.
“Focusing on Your Team to Deliver Exceptional Quality and Service to Your Clients”
| Sponsored by Gallagher Bassett
“Bermuda Opportunities in 2022 with BDA Chair Stephen Weinstein” | Sponsored by Bermuda Business Development Agency
“SyncR: A Tool to Enhance Your Risk Quality & Insurance Strategy” | Sponsored by Prudent Insurance Brokers Ltd.
“Navigating the Risk Landscape in 2022” | Sponsored by AXA XL
“Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett
“Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon
“Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST
“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.
Related RIMScast Episodes:
“2021 in Review with RIMS Publication Director Morgan O’Rourke”
“Getting to Know Jackware with Dan Healy of Anderson Kill”
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 Advisory Services — Ask a Peer
RIMS Coronavirus Information Center
RIMS-Certified Risk Management Professional (RIMS-CRMP)
RIMS-CRMP Stories — New interview featuring RIMS-CRMP Chairman Ward Ching!
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: Content@rims.org.
Join the Conversation!
Follow @RIMSorg on Facebook, Twitter, and LinkedIn.
Follow up with Our Guest:
Tweetables (For Social Media Use):
“Inflation is a huge factor now and it’s going to probably impact a lot of stuff through the back half of the year as [the pandemic] continues to go on.” — Morgan O’Rourke
“A lot of headline news continues to impact a lot of companies and risk managers need to — and are — addressing them, I’m sure.” — Morgan O’Rourke
“Cyber security has been the #1 risk for years and years. … And ransomware has become, I would imagine, the #1 method of attack … that hits most companies. … Where risk management comes in, to me, is [in the] education and training of staff and personnel.” — Morgan O’Rourke