Captives and Alternative Tools to Manage Business Interruption, Part 2

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Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.   In today’s episode, Justin Smulison is welcoming back David Mocklow to conclude their conversation on captives and risk transfer methods!   David is the Head of Corporate Development at Gramercy Risk Management, a claims management group. Over his 25-year career, he has developed a unique set of skills and expertise in the global financial services market with an emphasis on the insurance market.   In this second part of their two-part series, David speaks about captives and risk transfer methods and how they can intersect with technology as well as their role in the gig economy. He shares his knowledge regarding the tools out in the market that the global RIMScast audience can use to alleviate their reliance on traditional insurance solutions, the role a captive can play in the economy of the future (including the expansion of the gig economy), and more!   Key Takeaways: [:00] About the RIMS Membership. [:51] About today’s episode! [1:00] About RIMS’ newest workshop: RIMS-CRMP Prep Virtual Workshop. [1:36] About the RIMS Coronavirus Information Center. [1:48] About today’s episode and guest, David Mocklow! [2:00] Justin welcomes back David Mocklow to RIMScast! [2:10] What are the tools out in the market that the global RIMScast audience can use to alleviate their reliance on traditional insurance solutions? [9:54] David speaks about the role a captive can play in the economy of the future, including the expansion of the gig economy. [15:21] Having spent years working in Bermuda, David shares what it was like to work and live in a place that is a vacation destination for the rest of the world. [17:44] Justin thanks David Mocklow for joining RIMScast once again and shares some of the important links to check out in today’s show notes!   Mentioned in this Episode: RIMS-CRMP Prep Virtual Workshop — Aug. 17th-19th, 2020 RIMScast Episode: “Captives and AlternativeTools to Manage Business Interruption” (with David Mocklow) RIMScast Episode: “Dreams of Bermuda, Webinars, and Captives with Jasmine DeSilva” (of the Bermuda Business Development Agency) Upcoming RIMS Webinars On-Demand Webinars RIMS Advisory Services — Ask a Peer RIMS Coronavirus Information Center RIMS Advocacy: Coronavirus Advocacy Information RM Magazine Risk Management Monitor RIMS-Certified Risk Management Professional (RIMS-CRMP) RIMS-CRMP Stories RIMS Membership — Discover why 10,000 of your peers from more than 60 countries are a part of the RIMS community! Download any episode of RIMScast.   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 and Twitter, and join the RIMS Group on LinkedIn.   Follow up with Our Guest: David Mocklow’s LinkedIn