2022 Chicagoland Risk Forum
Streamlined Disaster Planning for Risk Managers
Breakout Session One: 1:30 pm – 2:15 pm
Speaker: Cal McCarty
Disaster Planning for Risk Managers has changed in landscape from year to year consistently. The days of creating a “binder” for protocol and expecting everyone within an organization to learn and adhere to your response planning has passed.
In this session, learn how to choose the correct Disaster Planning partner and how to work with them to install a Disaster Plan and Response that is centralized, streamlined, and not only easy to use and train, but how to access it and hit “GO” when disaster occurs.
This session will outline the WHO, WHERE, and HOW of a real streamlined process. Who are the partners we work with and what are their capabilities? Where are they located? And most importantly, when needed, how do I access them and get your Disaster Plan into real response.
Our goal with this education session is to create a collaborative discussion around the benefits of adopting and applying organization-wide awareness of risk management procedures and best practices. Far too often, there is minimal interdepartmental communication pertaining to the risk of noncompliance and what that could mean on an organizational level. Risk management transparency and education throughout all departments enable individuals in the company to come together toward a common goal of compliance.
By educating all employees on risk management and directing a collaborative safety discussion around the individual departments and their exposures, we are finding ways to work together to achieve maximum compliance.
When communicating with the C-Suite, it’s a constant and delicate balance between risk management and the bottom line. Where does that intersection meet? In this session, we’ll discuss techniques that will help you compete for limited resources within your company.
Learn how to quantify the cost of the capital that you seek and the factors to consider when communicating with the C-Suite and Board. Acquire additional tools to help you work within the financial and philosophical parameters of your company while focusing on the benefits, return on investment, and timing of risk management strategies. The goal of session is to help you demonstrate your value to the company and limit the lost opportunities for additional risk management support.
This session will provide an up-to-date overview of Cyber-related threats and trends in 2022, including (1) the rise of ransomware attacks and targeted attacks on U.S. critical infrastructure and the supply chain in the wake of the Ukraine-Russia conflict; (2) the recent U.S. Supreme Court decision in TransUnion v. Ramirez and impact on data breach class action litigation; and (3) the evolving regulatory landscape, heightened scrutiny and enforcement by state and federal regulators in connection with data breaches.
This session will focus on the importance of Intellectual Property (IP) liability insurance, how has it evolved, and why companies need it. The IP marketplace continues to grow with new capacity, improved insurer appetite, and expanding coverage. As a result, client demand is also growing, with submissions into the market increasing by 200%+ in the last 2 years.
Environmental, Social, Governance [ESG] is one of the hottest topics in business, politics, and society today. Investors, regulators, consumers and employees have brought corporate social responsibility to the forefront in all of our organizations, transforming the way we do business and creating new risks and opportunities to be managed. Increasing the urgency to act, the Securities and Exchange Commission (SEC) recently proposed new regulations that will expand and standardize company disclosures about climate-related metrics and will require increased board accountability (with management) for efforts to mitigate those risks.