This year, it was all about change and disruption.
“Innovation around risk never ends,” said Derreck Kayongo, founder of the Global Soap Project and the opening general session keynote speaker at the RIMS 2017 Annual Conference & Exhibition in Philadelphia. “It’s OK to have risk, but you have to innovate around it.”
And innovation was more than a buzzword. In booths, in educational sessions and over Philly cheesesteaks, conversations ran from drones to autonomous vehicles to the biggest topic of all, cybersecurity.
Everybody’s talking about it, although it comes as no surprise when you consider you can’t go a day without reading about another big data breach or ransomware or something cyber related.
“It’s going to be a big issue as long as we continue to develop products tied to the internet,” said Frank Mazzagatti, risk control consultant for Trident Public Risk Solutions. And with the emerging internet of things, the world is only going to get more connected.
Even the public sector is at risk. “Because of its very nature, it’s a soft target,” said Thom Rickert, vice president, head of marketing at Trident. “Their idea is to be open and to have open resources – and to protect those resources is difficult.”
Plus, he says, the public sector often operates on technology-based platforms with known flaws and known vulnerabilities, yet they don’t have the budgets or the approval to upgrade them.
While cyber was the hot topic, the personal connections were just as important.
This is where our brokers are. This is where the insureds are. It’s important to be here and talk to them and listen to them, and hear what they want and what they need.
The conference wound down on April 26 with a closing keynote by Michael J. Fox. Attendees were already planning ahead for next year’s RIMS conference, which will be April 15-18 in San Antonio.