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Aug 2, 2022

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


Today’s episode of RIMScast is covering a lot of ground! From the biggest challenges facing the commercial real estate market to ESG and DEI to the RIMS Western Regional Conference 2022 and more!


Joining Justin to discuss these topics is Scott Ritto, LA RIMS Chapter President. Scott shares how the knowledge and skills he has acquired from the RIMS CRMP Certification play into his daily responsibilities, various lessons and insights from his career in risk management, and what to look forward to at the upcoming RIMS Western Regional Conference! Be sure to tune in!


Key Takeaways:

[:01] About the RIMS Membership.

[:14] About RISKWORLD 2023.

[:38] About RIMScast.

[:50] About today’s episode with Scott Ritto.

[:58] Upcoming RIMS webinars, workshops, and events!

[3:10] More about today’s episode.

[3:50] Justin welcomes Scott Ritto to RIMScast!

[4:12] Scott tells about his risk career and his time with RIMS.

[6:05] Is the LA Chapter one of the bigger chapters of RIMS?

[7:00] How long has Scott been in the industry of commercial real estate and risk management?

[7:16] Through the risk lens, what are some of the biggest challenges in the commercial real estate sector?

[12:11] What was the last big earthquake that Scott experienced in the commercial real estate world, from a risk management perspective?

[14:09] How does Scott help drive ESG and DEI initiatives in commercial real estate?

[20:29] Is sustainability a big topic of discussion at the LA RIMS Chapter?

[24:14] RIMS plug time! Everything you need to know about upcoming events, webinars, and more!

[25:40] As a RIMS CRMP holder, how would Scott say that the knowledge and skills that he acquired from the certification aid him during his daily responsibilities?

[28:28] Scott shares about the RIMS Western Regional Conference 2022 and speaks about what he is looking forward to!

[31:30] Where to learn more about the RIMS Western Regional Conference.

[32:19] Scott’s recommendations for those attending the RIMS Western Regional Conference for the first time.

[34:29] Justin thanks Scott Ritto for joining the podcast and shares some of the links to check in today’s show notes.


Mentioned in this Episode:

RIMS Events, Education, and Services:

RIMS Western Regional — Oct. 3‒5, 2022 — Long Beach, CA

RIMS Canada 2022 — Turning Tides — Sept. 11th‒14th in Halifax! Register Today!


RIMS Buyers Guide

RIMS Riskworld 2023 — Session Submission — Deadline Aug 19, 2022


Contribute to RIMS Risk Management magazine

Dan Kugler Risk Manager on Campus Grant

Sponsor RIMScast: Contact or for more information.

In-Person Events:

RIMS Advocacy — Legislative Summit Returns on September 20th!

Spencer Educational Foundation | Annual Gala Returns Sept. 22, 2022

RIMS South Asia Risk Forum — Dec. 2‒3, 2022 in Mumbai, India

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

Upcoming RIMS Webinars:

RIMS-CRMP Exam Updates in 2022 | Aug. 9, 2022

Assessing Risk at the Source: Automation to Gain Efficiencies and Business Engagement | Sponsored by OneTrust | Aug. 11, 2022

How To Drive Business Value with GRC | Sponsored by Resolver | Aug. 18, 2022

Sponsored RIMScast Episodes:

“ESG Through the Risk Lends” | Sponsored by Riskonnect (NEW)

“A Look at the Cyber Insurance Market” | Sponsored by AXA LA (NEW)

“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.

“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:

“2022 Midyear Risk Review with RIMS Publications Director Morgan O’ Rourke”

“Getting to Know Jackware with Dan Healy of Anderson Kill”

“A Fond Farewell to Mary Roth”

“RIMS 2022 Goodell Award Winner Lance Ewing”

“RIMS 2022 President Patrick Sterling: Insight into 2022 Risks and Looking Beyond the Pandemic”

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 Virtual Workshops

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Stories — New interview featuring RIMS-CRMP Chairman Ward Ching!

Spencer Educational Foundation

RIMS DEI Council

RIMS Path to the Boardroom


Want to Learn More?

Keep up with the podcast on and listen on iTunes.

Have a question or suggestion? Email:


Join the Conversation!

Follow @RIMSorg on Facebook, Twitter, and LinkedIn.


Follow up with Our Guest:

Scott Ritto’s LinkedIn


Tweetables (For Social Media Use):


“I think trying to be that leader and example for others … is something that’s very important. And that culture [of DEI] that we have within the organization [has] really driven focus and people really appreciate that aspect of things.” — Scott Ritto


“I learn something new every day and that’s what keeps me very interested and passionate about risk management.” — Scott Ritto