Disruption and the Digital Age with Ward Ching

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Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.   Justin Smulison’s guest today is management trailblazer and thought leader, Ward Ching! Ward wears many hats — several of which he is going to wear in today’s episode all about disruption, the digital age, and how risk professionals can leverage its data. Ward is a Managing Director at Aon, an Adjunct Professor at the USC Marshall School of Business, the RIMS-CRMP Chairman, and the recipient of the 2018 Harry and Dorothy Goodell Award.   But before hopping into the conversation with Ward Ching, Justin is briefly joined by Heather Sanderson of the Sanderson Firm to discuss the PAID Act and give a brief preview of the upcoming RIMS webinar she is leading. This 60-minute session will be held on March 17th, 2021, and is a free, members-only webinar presented by RIMS Advocacy, titled: “The PAID Act: What Medicare Claims Payers Should Know in 2021.”   Key Takeaways: [:01] About RIMS’s Global Membership. [:26] About today’s episode. [:34] Current RIMS features, offerings, news, and events. [1:41] Justin welcomes Heather Sanderson to RIMScast and together they share a preview of what to expect for the upcoming RIMS Advocacy webinar she is hosting. [2:17] Heather shares why her name may be familiar amongst the risk community! [2:48] Heather shares about the upcoming RIMS Advocacy webinar. [4:49] Which professions and industries really championed the passing of the PAID Act? [5:47] Where to listen to the rest of the exclusive webinar with Heather Sanderson. [6:06] About today’s interview with Ward Ching. [6:22] Justin welcomes Ward back to RIMScast! [6:40] Justin and Ward reflect on the very first episode of RIMScast they recorded together. [7:19] Ward explains the three hats he’s going to be wearing in today’s discussion: Chairman of the RIMS-CRMP Commission, the Managing Director at Aon, and Adjunct Professor at the USC Marshall School of Business. [7:57] Does Ward feel that “disruption” is a buzzword or something that has a deeper, or even evolved, meaning? [10:14] Continuing to wear his hat as RIMS-CRMP Chair, Ward shares his insights on how the exam helps prepare risk professionals for risks in the current climate and the digital age of disruption. [11:54] Putting on his educator hat, Ward speaks on how he feels the risk profession, historically, has looked at the concept of disruption. [16:47] In the current revolutionary digital age, what is happening to these lines of coverage? [20:51] Ward will be presenting at RIMS Live 2021. He shares a quick sneak preview for the global RIMScast audience on what they can expect! [22:36] Ward shares about the work that he is doing with the Strategic and Enterprise Risk Management Council (SERMC). [25:34] In 2018, Ward won the Harry and Dorothy Goodell Award. How did it feel? And did it take him by surprise? [30:32] Justin thanks Ward Ching for joining RIMScast once again and shares some of the links to check out in this episode’s show notes!   Mentioned in this Episode: RIMS Webinars and Services: Register now for RIMS LIVE 2021, April 19-29, 2021! Feb. 25, 2021 | Sponsored by Onspring: “Scaling Enterprise Risk Management in 2021 without Doubling Your Team”  March 4, 2021 | Sponsored by Resolver: “Using a Scenario Analysis to Help you Manage HR-related Risks” March 11, 2021 | Sponsored by Riskonnect: “Using RMIS as a Springboard to Integrated Risk Management” March 17, 2021 | “The PAID Act: What Medicare Claims Payers Should Know in 2021” — A Free, RIMS Members-Only Webinar Upcoming RIMS Webinars On-Demand Webinars RIMS Risk Forum 2020 India — Register for On-Demand Content! RIMS Advisory Services — Ask a Peer RIMS Virtual Workshops Related Content: RIMS-Certified Risk Management Professional (RIMS-CRMP) Harry and Dorothy Goodell Award Related RIMScast Episodes: “Trends and Critical Components to the Risk Management Profession with Ward Ching of Aon” “Mindset Digital CEO Debra Jasper on Technology, Disruption, Social Media, and Communication” Download any episode of RIMScast. RIMS Publications, Content, and Links: Risk Management Magazine Risk Management Monitor RIMS Coronavirus Information Center RIMS Risk Leaders Series RIMS-Certified Risk Management Professional (RIMS-CRMP) RIMS-CRMP Stories RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!   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 LinkedIn.   Follow up with Our Guest: Ward Ching’s LinkedIn