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RIMScast


Jan 10, 2023

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

 

January is internationally recognized as Human Trafficking Awareness Month. In this episode, RIMScast is taking its annual deep dive into this ever-present risk with Marisa Trasatti.

 

Marisa is a Partner at Cipriani & Werner and General Counsel to Sciton. As a defense lawyer, Marisa has defended hotel channels that were named as defendants in civil suits and significant trafficking claims. You may also recognize Marisa from her previous appearances at several RIMS events, including RISKWORLD, on the topic of human trafficking.

 

With the International Labour Organization estimating that there are 27.6 million people enslaved globally with 19.9 million victims of labor trafficking, 1.4 million held in domestic servitude, and 6.3 million victims of sex trafficking, it is no question whether trafficking is a global emergency. And unfortunately, corporations can oftentimes become unwitting participants in human trafficking just by being in business.

 

As difficult as this subject can be to hear about, it is a critical one that risk professionals need to hear about in order to protect their organizations and better spot the signs of human trafficking. Be sure to tune in to not miss out on this important dialogue with Marisa Trasatti.

 

Key Takeaways:

[:01] About the RIMS Membership.

[:14] Registration for RISKWORLD 2023 is now open!

[:34] About RIMScast.

[:46] About today’s episode.

[1:00] All about upcoming RIMS webinars, workshops, events, and more!

[2:02] All about today’s episode with Marisa Trasatti.

[3:24] Justin Smulison welcomes Marisa to the podcast!

[4:02] Marisa shares her career background and her current roles at Cipriani & Werner and Sciton.

[4:48] How Marisa came to be acquainted with RIMS.

[5:24] What can businesses (that are unwitting participants in human trafficking) do to protect against human trafficking?

[14:18] Marisa shares her predictions and insights based on new legal developments regarding human trafficking.

[15:24] Is the Ghislaine Maxwell verdict sending a message to traffickers/would-be traffickers? Is it a deterrent?

[16:40] shares a story from a former FBI agent about labor-trafficked victims

[19:05] Risk management and ESG initiatives that Marisa finds to be effective deterrents to trafficking.

[22:15] RIMS plug time! All about upcoming RIMS virtual workshops.

[23:00] Elise Farnham rejoins the podcast to discuss her two upcoming RIMS virtual workshops!

[26:17] Does Marisa feel that human trafficking, though a huge issue, often gets put on the back burner by the world?

[27:58] Marisa shares about Thorn, an organization with the goal of defending children from sexual abuse. Marisa explains why, in particular, Thorn sets such a good example from a moral, legal and ethical perspective.

[31:32] Marisa speaks about a case regarding Section 230 and how it could influence the landscape of 2023.

[36:00] Marisa shares her views on the new U.S. federal law, “Eliminating Limits to Justice for Child Sex Abuse Victims Act of 2022.”

[41:22] Does Marisa find that she gets more media requests in January because it is Human Trafficking Awareness Month? Marisa also shares other events that have brought a spotlight to trafficking.

[43:23] Why awareness around human trafficking needs to be year-round; not just in January.

[44:13] Justin thanks Marisa Trasatti for joining the podcast and shares some links to check in today’s show notes.

 

Mentioned in this Episode:

RISKWORLD 2023 — April 30‒May 3 in Atlanta, Georgia! Public registration is now open!

RIMS Virtual Workshops in 2023 — a Brief Dialogue with Instructor Elise Farnham

Contribute to Risk Management Magazine

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Related RIMScast Episodes:

“Human Trafficking Risks with Kimberly Mehlman-Orozco, Ph.D.”

“Human Trafficking and Supply Chain Risk with Tim Nelson of the Slave-Free Alliance”

“Checking In: Hotel Risk Management with AHLA President & CEO Chip Rogers”

Resources about Modern Slavery and Human Trafficking:

Thorn.org

National Slavery and Human Trafficking Prevention Month

Hope For Justice

Slave-Free Alliance

More RIMS Resources on Human Trafficking and Modern Slavery:

“Human Trafficking and Supply Chains: Q&A with Tim Nelson of the Slave-Free Alliance”

“Human Trafficking: How Businesses Can Combat the Modern Slavery Epidemic”

“Human Rights and Corporate Wrongs”

“The Expanding Circle of Concern and Emerging Risks”

“Examining Supply Chains for Labor Trafficking and Abuses” (RM Magazine, 2022)

Upcoming Webinars:

“Recertification: Keep Your RIMS-CRMP Active” | Complimentary to All | Jan. 9, 2023

“What to Expect from Cyber Insurance in 2023 and Beyond” | Sponsored by Telos | Jan. 24, 2023

“Demystifying Business Continuity for Risk Managers” | Sponsored by Riskonnect | Feb. 16, 2023

Virtual Workshops:

Applying and Integrating ERM | January 10‒11 | 10:00 am‒4:00 pm ET

Registration closes Jan. 9

Captives as an Alternate Risk Financing Technique | January 18‒19 | 10:00 am‒5:00 pm ET Registration closes Jan. 17

Fundamentals of Insurance | January 25‒26, 2023 | 9:00 am‒4:30 pm ET

Registration closes Jan. 24

See the full calendar of RIMS Virtual Workshops

Sponsored RIMScast Episodes:

“Using M&A Insurance: The How and Why” | Sponsored by Prudent Insurance Brokers Ltd. (NEW!)

“Zurich’s Construction Sustainability Outlook for 2023”

“Aon’s 2022 Atlantic Hurricane Season Overview”

“ESG Through the Risk Lens” | Sponsored by Riskonnect

“A Look at the Cyber Insurance Market” | Sponsored by AXA XL

“How to Reduce Lithium-Ion Battery Fire Risks” | Sponsored by TÜV SÜD

“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.

“Prioritizing People: 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.

“RIMScast: Navigating the Risk Landscape in 2022” | Sponsored by AXA XL

“RIMScast: Prioritizing People: Expertise and Innovation” | Sponsored by Gallagher Bassett

“RIMScast: Risk Findings for the Industrial & Manufacturing Industry” | Sponsored by Aon

“RIMScast: Establishing the Right Assurance to Request From Business Partners” | Sponsored by HITRUST

“RIMScast: Aon’s 2021 Retail Industry Overview” | Sponsored by Aon

“RIMScast: A Legacy of Resilience” | Sponsored by J.B. Boda Group

“The Golden Era of Insurance” | Sponsored by The Hartford

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“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

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!

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Risk Management Magazine

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RIMS-CRMP Stories — New interview featuring Merline Barrington of the Port Authority of NY & NJ!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom

 

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 Guests:

Marisa Trasatti’s LinkedIn

Elise Farnham’s Profile

 

Tweetables (For Social Media Use):

 

“We don’t have specificity and sensitivity-type red flags and trainings [on human trafficking]; it makes it difficult to get it right all the time. But I believe that the more we train, the more we educate, the more likely it is that we will get it right more.” — Marisa Trasatti

 

“The best thing that businesses can do [regarding human trafficking] is to continue to train, continue to educate, continue to get ahead of the curve in terms of what law firms like mine are seeing in the field as far as what traffickers are doing.” — Marisa Trasatti

 

“Human trafficking is second, third, fourth tier right now [to other issues]. It can’t be that. … It has to be on the forefront of our minds wherever we’re going because … everyone listening to this RIMScast podcast has encountered a human trafficked survivor” — Marisa Trasatti

 

“[Human trafficking is] part of ESG. It’s important for businesses to look at their supply chains and make sure that there isn’t labor trafficking involved.” Marisa Trasatti

 

“Awareness is power.” Marisa Trasatti