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The Edge of Risk Podcast by IRMI

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Captive Insurance
Risk Management
Construction Industry
Artificial Intelligence
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
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Trusted Risk Management and Insurance Research That Empowers You To Be the Expert!

PublishesTwice weeklyEpisodes100Founded6 years ago
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Artwork for The Edge of Risk Podcast by IRMI

Latest Episodes

Self-procurement tax is an often overlooked aspect of captive insurance that can create significant compliance and financial implications if not properly addressed. In this episode of The Edge of Risk Podcast by IRMI, host Joel Appelbaum is joined by... more

Insurers use risk engineers to help customers identify and mitigate risks by assessing their operations and making recommendations for improvements. The Edge of Risk Podcast by IRMI features Peter Ukstins, head of construction risk engineering at AXA... more

In this episode of The Edge of Risk Podcast by IRMI, Joel Appelbaum speaks with Cherie Baker, vice president of enterprise risk management at Ilitch Companies, about how captive insurance can serve as a strategic tool for managing risk, deploying cap... more

Farmers and ranchers are challenged by complex forms needed to apply for critical federal programs, among other things. In this 20-minute episode of The Edge of Risk Podcast by IRMI, ZForm's Lara Goldmark, founder and CEO, and Laura Napoli, cofounder... more

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Recent Guests

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
Rose Hall
Founder and CEO of RH Business Ventures
RH Business Ventures
Episode: Weather-Proofing Construction: Unlocking the Power of Parametric Insurance
Kristen Lawler
Tax partner at Crowe and leader of the firm's captive insurance tax practice
Crowe
Episode: How the CFM Decision Is Reshaping Captive Insurance Tax Standards
Steve Bauman
Head of Captive Programs and Captive Practice in North America at AXA XL
AXA XL
Episode: Beyond the Buzz: AI, Autonomous Mobility, and the Future of Captive Insurance
Steven Weiss
President and Chief Underwriting Officer at Incarnation Specialty Underwriters
Incarnation Specialty Underwriters
Episode: Maritime War Risk: Insuring the Uninsurable
Vicki Fimea
Chief Captive Analyst with the Arizona Department of Insurance and Financial Institutions CAPTiT program
Arizona Department of Insurance and Financial Institutions
Episode: Momentum and Oversight in Arizona's Captive Insurance Domicile

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.

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Talking Points

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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.
Paperwork Risk: How Digital Forms Are Saving Farm Operations
Q: Could you break down what you mean by front office versus back office in this context?
The back office covers government workflows and required data handling, while the front office is the user-facing interface where farmers submit documentation; both are designed to be separate yet interoperable to streamline processes.
Using Captive Insurance to Support Risk Strategy and Capital Deployment
Q: What makes Tenda stand out and what lessons can others learn from your approach?
Cherie highlights the entrepreneurial culture, the dual-domicile setup (Michigan and Cayman), the diversified use beyond traditional P&C, and the open leadership style that encourages innovative risk solutions and cross-org collaboration.

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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. Timothy Keller Sermons Podcast by Gospel in Life
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The Edge of Risk Podcast by IRMI launched 6 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. Cherie Baker
2. Lara Goldmark
3. Laura Napoli
4. Donny Tong
5. Rose Hall
6. Kristen Lawler
7. Steve Bauman
8. Steven Weiss

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