Mar 15, 2022
Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.
Today, Justin is once again joined by Henk Ovink to discuss all things water-related! Henk is the Special Envoy for International Water Affairs for the Kingdom of the Netherlands, the Sherpa to the UN/WB High-Level Panel on Water, and is the world’s only water ambassador!
In this episode, Henk discusses the risks and opportunities of Groundwater in anticipation of this year’s World Water Day, a global event held annually on March 22nd. He explains the importance of groundwater, how it factors into the global practice of risk management, and what risk professionals can do to factor it in. He also shares the purification methods that have emerged during the pandemic, how current world events might disrupt international water safety efforts, and what risk professionals and organizational leaders can do to take their involvement with water risk management to the next level.
Key Takeaways:
[:01] About the RIMS App.
[:21] About RIMScast.
[:28] About today’s episode with Henk Ovink.
[:48] Upcoming RIMS webinars.
[1:32] About the upcoming live, in-person annual conference, RISKWORLD.
[2:07] More about today’s episode.
[2:58] Justin welcomes Henk Ovink back to RIMScast!
[3:07] Henk shares about his role as the Special Envoy for International Water Affairs for the Kingdom of the Netherlands.
[3:58] When World Water Day is and what this year’s theme is focusing on.
[4:38] What are some of the ways that organizations or risk professionals can keep Groundwater in mind?
[6:23] The National Oceanic and Atmospheric Administration (NOAA) released a report recently that found sea levels will rise as much in the next 30 years as it has over the last 100 years. How does that accelerated rate impact current water safety and protective measures?
[10:15] What Henk has learned about water risk management since he was last on the podcast in March 2020.
[13:35] Purification methods that have emerged during the pandemic that Henk finds inspiring.
[15:37] Amazing examples of purification within the food and agriculture sectors.
[17:06] What Henk finds amazing about water.
[18:00] About upcoming RIMS workshops, events, the RIMS app, RIMS membership, and more!
[20:23] Henk discusses the 9th World Water Forum 2022, some of the broader implications of how access to water can influence societies, and the important changes we have to make around water today to create a better future for the world.
[24:18] How does Russia invading Ukraine disrupt international water safety efforts?
[26:54] What risk professionals and organizational leaders can do to positively contribute to make World Water Day 2022 more than a once-a-year occurrence and take their involvement to a greater level (both internally and externally).
[31:38] Will World Water Day be publicly broadcasted?
[32:24] About the upcoming UN-Water Summit on Groundwater in December 2022.
[34:07] Justin thanks Henk Ovink for joining RIMScast and shares some additional links to check in today’s show notes.
Mentioned in this Episode:
RIMS Events, Education, and Services:
RIMS 2022 RISKWORLD™ | April 10‒13 in San Francisco! — Register now for advance rate pricing!
NEW FOR MEMBERS! RIMS Mobile App
RISKWORLD COVID-19 Policy (Updated 2/28/2022)
Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information.
Sponsored RIMScast Episodes:
“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.
Webinars:
March 17, 2022 | “Talent Risk: Get Ahead of Risk Management Succession Planning” | Sponsored by Gallagher
March 29, 2022 | “Executive Risk in 2022: How to Prepare for the Shifting Sands of Liability” | Sponsored by Beazley
April 28, 2022 | "ZAP! The electrification of commercial fleets – opportunities & risks" | Sponsored by Aviva
RISKWORLD Live Workshops:
April 9th‒10th, 2022 | “Contractual Risk Transfer” | Presented by RIMS
April 9th‒10th, 2022 | “Fundamentals of Insurance” | Presented by RIMS
April 9th‒10th, 2022 | “Fundamentals of Risk Management” | Presented by RIMS
April 9th‒10th, 2022 | “Managing Cognitive Bias Risk — Recognition & Avoidance Essentials” | Presented by RIMS
April 9th‒10th, 2022 | “RIMS-CRMP Prep” | Presented by RIMS
April 9th‒10th, 2022 | “Risk Appetite Management” | Presented by RIMS
April 9th‒10th, 2022 | “Applying and Integrating ERM” | Presented by RIMS
April 9th‒10th, 2022 | “Captives as an Alternate Risk Financing Technique” | Presented by RIMS
Virtual Workshops:
March 22, 23, 29 & 30 | “Enterprise Rise Management for ORSA Planning in Insurance Companies” | Enroll by March 21, 2022
Related RIMScast Episodes:
“Combating Water Scarcity with AquaShares Founder James Workman” (2020)
“Earth Observations, Acronyms, and Risk with Dr. Shanna McClain of NASA” (2021)
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 Risk Leaders Series — New interview with RIMS 2021 Risk Manager of the Year Michael Harrington!
RIMS-Certified Risk Management Professional (RIMS-CRMP)
RIMS-CRMP Stories — New interview featuring RIMS Treasurer Jennifer Santiago!
Spencer Educational Foundation
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Tweetables (For Social Media Use):
“The pandemic, in a sense, reminded us that we have to become … more aligned with nature. We have to deal with these challenges in a more comprehensive … collaborative [way].” — Henk Ovink
“Water [is] a resource that we can reuse and recycle in many ways. Right now, too often water is taken for granted by industry, agriculture, and our society. But … if we reuse it and reclean it, we can use it again and again … and … our water footprint goes down.” — Henk Ovink
“And that is what I find so amazing about water; it’s powerful and it can destroy and destruct – so you better be careful. You have to treat it well. … But if you use it well … understand its complexities … and you start to value it, it manages itself.” — Henk Ovink
“Water is not the only way to look at the world but water is a way to look at the world for sustainable development and climate action that presents us with a just, inclusive, and comprehensive alternative. It really helps us build resiliency … for a better future.” — Henk Ovink