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Artwork for The Edge of Risk Podcast by IRMI

The Edge of Risk Podcast by IRMI

irmi
Captive Insurance
Risk Management
Artificial Intelligence
Construction Industry
Insurance
Renewable Energy
Agriculture
Food Recalls
Mental Health
Energy Insurance Market
Insurance Industry
Cybersecurity
Climate Change
Letters Of Credit
Confidence
Equine Insurance
Complex Casualty Claims
Capacity and Pricing
Water Damage Mitigation
Utah

Trusted Risk Management and Insurance Research That Empowers You To Be the Expert!

PublishesTwice weeklyEpisodes100Founded7 years ago
Number of ListenersCategories
How ToEducationBusiness

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Artwork for The Edge of Risk Podcast by IRMI

Latest Episodes

In this episode of The Edge of Risk Podcast by IRMI, Joel Appelbaum sits down with Carly Pye to talk about how majoring in risk management and insurance (RMI) changed her future. Carly shares the internships, networking opportunities, and real-world ... more

When should an organization seriously consider forming a captive insurance company—and when is it better to wait? In this Captive Insurance 101 episode of The Edge of Risk Podcast by IRMI, Joel Appelbaum speaks with T.J. Scherer, vice president at Sp... more

Agriculture is increasingly affected by forces far beyond the farm gate—from commodity markets and interest rates to global economic uncertainty. In this 13-minute episode of The Edge of Risk Podcast by IRMI, Scott Shellady, better known as "The Cow ... more

The Edge of Risk Podcast by IRMI welcomes Hank Dutton, senior technical specialist at Travelers Insurance and certified lift director, in a highly informative discussion on cranes and rigging exposures. Hank highlights important areas of focus, such ... more

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Recent Guests

TJ Scherer
Vice President at Spring Consulting Group
Spring Consulting Group
Episode: How Do You Know When Captive Insurance Is Right for Your Organization?
Scott Shellady
Market commentator known as The Cow Guy, former derivatives trader
Independent market commentator
Episode: Global Risk, Local Impact: A Conversation with "The Cow Guy"
Hank Dutton
Senior Technical Specialist at Travelers Insurance
Travelers Insurance
Episode: Raising the Bar, Encore: Roles, Planning, & Execution for Crane & Rigging Operations
Julie Bordo
President and CEO of PCH Mutual Insurance Company
PCH Mutual Insurance Company
Episode: Artificial Intelligence in Captive Insurance: Practical Lessons from a Healthcare Risk Retention Group
Peter Ukstins
Head of Construction Risk Engineering at AXA XL
AXA XL
Episode: Leverage Insurance Risk Engineers to Expose and Mitigate Construction Project Risks
Cherie Baker
Vice President of Enterprise Risk Management at Ilitch Companies
Ilitch Companies
Episode: Using Captive Insurance to Support Risk Strategy and Capital Deployment
Lara Goldmark
Founder and CEO of ZForm
ZForm
Episode: Paperwork Risk: How Digital Forms Are Saving Farm Operations
Laura Napoli
Co-founder and head of marketing and partnerships, ZForm
ZForm
Episode: Paperwork Risk: How Digital Forms Are Saving Farm Operations
Donny Tong
Senior Vice President at Truist Bank specializing in collateral solutions and trust agreements for insurance and captive programs
Truist Bank
Episode: Reinsurance Trusts in Captive Insurance: Structure and Strategy

Host

Joel Appelbaum
Host of The Edge of Risk Podcast, IRMI. Chief Content Officer at IRMI; frequently leads discussions on captive insurance, risk management, and risk governance.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#26
Ukraine/Education/How To
Apple Podcasts
#128
Hong Kong/Education/How To
Apple Podcasts
#188
Israel/Education/How To
Apple Podcasts
#226
India/Education/How To

Talking Points

Recent interactions between the hosts and their guests.

Artificial Intelligence in Captive Insurance: Practical Lessons from a Healthcare Risk Retention Group
Q: What are the practical, measurable impacts you've seen from using AI in claims, underwriting, and legal spend?
Early measurements show productivity gains through automation, with AI summarizing records, generating executive summaries, and accelerating claim file prep. This has reduced manual hours dramatically, lowered legal spend, and allowed the team to strategize on risk management and member benefits, while maintaining rigorous oversight.
Artificial Intelligence in Captive Insurance: Practical Lessons from a Healthcare Risk Retention Group
Q: How did you begin integrating AI into your organization and how do you think about scaling it across operations?
We started with a thin overhead model, pairing a small, talented staff with selective outside providers and then brought AI into the core processes through a vendor focused on claim management and automation. Over time, we expanded to an enterprise system that covers rate, quote, bind, and policy issuance, with AI serving as a single source of truth to drive efficiency and governance while enabling staff to focus on higher-value work.
Reinsurance Trusts in Captive Insurance: Structure and Strategy
Q: What trends do you see for the future of reinsurance trusts in captives?
Market conditions and credit spreads are likely to drive adoption of more cost-efficient collateral solutions like trusts, with a history of spikes during liquidity events showing that trusts can offer a reliable alternative to LOCs and fund withdrawals as markets evolve.
Reinsurance Trusts in Captive Insurance: Structure and Strategy
Q: What are the main collateral posting options and how do trusts compare to letters of credit and cash withholdings?
Trusts offer a balance of cost efficiency and operational simplicity compared to letters of credit and cash withholdings. They provide ongoing online visibility, lower upfront costs, and avoid annual renewal reviews required by LOCs, while giving beneficiaries more direct control and borrowers more flexibility within investment guidelines.
Reinsurance Trusts in Captive Insurance: Structure and Strategy
Q: Could you walk us through how a reinsurance trust actually operates in a captive insurance program?
The trust is set up as a restricted asset on the captive's balance sheet, with assets deposited by the grantor to secure the reinsurance arrangement; the assets are invested and managed according to the trust agreement, and withdrawals are enabled by straightforward directions to the trustee, all while preserving liquidity for claims.

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Frequently Asked Questions About The Edge of Risk Podcast by IRMI

What is The Edge of Risk Podcast by IRMI about and what kind of topics does it cover?

The show offers in-depth conversations with risk, insurance, and captive management professionals, focusing on practical governance, regulatory perspectives, and industry innovations. Episodes frequently explore captive insurance structures, tax and regulatory developments, safety analytics, and energy or construction risk, often featuring regulators, carriers, consultancies, and brokers as guests. A standout trait is the hands-on emphasis on real-world implications—such as governance, compliance, and risk data—paired with industry anecdotes and actionable takeaways for practitioners. The format tends toward expert-led clarity rather than broad theory, making it useful for listeners who want current, practitioner-facing insights and guidanc... more

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These podcasts share a similar audience with The Edge of Risk Podcast by IRMI:

1. Huberman Lab
2. Global Captive Podcast
3. My First Million
4. The Mel Robbins Podcast
5. Hidden Forces

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The Edge of Risk Podcast by IRMI launched 7 years ago and published 100 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on The Edge of Risk Podcast by IRMI?

Recent guests on The Edge of Risk Podcast by IRMI include:

1. TJ Scherer
2. Scott Shellady
3. Hank Dutton
4. Julie Bordo
5. Peter Ukstins
6. Cherie Baker
7. Lara Goldmark
8. Laura Napoli

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