Yan Veytsman is a Senior Account Executive at Marsh, specializing in risk management for large-scale projects, particularly within the renewable energy sector. Yan has successfully placed multiple construction and operational insurance policies for projects exceeding $100 million. His expertise shines in navigating the complex risks associated with natural catastrophes and developing innovative insurance solutions for the burgeoning renewable energy industry. In this episode, Yan discusses the intricacies of managing risks in the renewable energy sector, and why it’s slightly more difficult than traditional tried-and-true industries.   We also have Senior Vice President of Power & Renewables, Fred Wass, make a special guest appearance. Fred has been involved in the energy sector for the last 39 years and currently oversees Marsh’s Energy Practice. In his segment, he offers some insight into the energy sector as a relatively new insurance professional himself.   Key Takeaways: A little bit about Yan and how he found his path in risk management. What interests Yan about renewable energy? Renewable energy is an industry that’s still developing, so Yan has some room to innovate and define a new model for how to run some of his accounts. Why can’t we use other models in different industries and put them in the renewable space? Why is it so different? With every single venture that Yan’s been involved in, he’s having to figure it out from scratch. There are too many variables to consider that don’t quite transfer over from the old tried-and-true models from well-established industries. How has the oil and gas industry been adapting to the renewable energy sector? Does it still make sense to invest in oil and gas? Katie introduces a new guest, Fred Wass. How did Fred get into this field and why has he stayed for the last 39 years? Fred developed power plants in Pakistan early in his career, but he fell into the insurance industry about 10 years ago. Fred believes it’s a lot easier today to talk to people within your industry and company than it was five years ago. Fred is excited for the future! There’s so much to do and there’s a lot more to come in the next 10 years.   Mentioned in This Episode: Marsh.com Yan on LinkedIn Fred on LinkedIn 2024 Energy Industry Conference  

Jen Aitchison is the President of Renewable Risk Consulting Inc. With over 15 years of dedicated experience, Jen has become an award-winning leader known for her deep understanding of renewable energy risks and her ability to create transparent, economically viable insurance solutions. In this episode, Jen delves into the nuances of renewable energy insurance and the importance of education and adaptation in the sector and she offers her unique perspective on the future of energy and insurance for those still in college.   Key Takeaways: This episode was recorded at Marsh’s 2024 North American Energy Industry Conference! A big shout out to Michael Kolodner and his amazing leadership. Everybody backs clean energy, but sometimes there is a sense of distrust about the “correct” way. Why is that? We will need all types of energy for us to succeed in making it renewable energy. Coal energy is dirty. We all agree it should be reduced, including the coal miners! But then it stops becoming a conversation of energy and a conversation of education and re-employment. The average person is not aware of how many different facets of insurance exist. People think insurance is repetitive and boring. We as an industry need to get better at showing interesting and live case studies. Pick whatever industry your children want to go into and there’s an insurance claim that needs to be filed or underwritten within that industry. If you’re looking for stable employment, the insurance industry will never go through a “recession.”  What advice does Jen give to younger college students who aren’t sure what they want to do with their life? Love sports? Love to travel? You can become an insurance underwriter for the sports industry. There are so many avenues you can go. Why is Jen so interested in sustainability? 16 years later, Jen still finds the work she does engaging, impactful, and important!   Mentioned in This Episode: Marsh.com Renewableriskconsulting.ca Jen on LinkedIn Marsh’s 2024 North American Energy Industry Conference   red.”

Join us as we sit down with Miles Braxton, the Director of Risk Management at Summit Ridge Energy, at the Energy Industry Conference in Houston, Texas. In this episode, Miles discusses the unique aspects of community solar, the importance of diversity in the clean energy industry, and his role in co-founding the Black Oak Collective.   Key Takeaways: A little bit about Miles and his role at Summit Ridge Energy. What is community solar? It’s Miles’s mission to provide cheaper electricity directly to residents, especially in underserved communities. Miles always knew he wanted to get involved with energy. He credits his high-school math teacher for the inspiration. How did Miles transition from working on anaerobic digestion projects to focusing on solar energy? Miles decided to join Summit Ridge Energy for a more community-impactful role and he loved the company’s mission. What is the Society of Black Solar Professionals? What was the inspiration for co-founding the Black Oak Collective? Miles shares how he created strategic partnerships and relationships in his career and the impact of certain team members in propelling the Black Oak Collective. This generation is creating a shift in company culture because they are approaching careers from a passion-driven mindset. Miles shares the story behind his favorite colorful drink and the importance of shared experiences in building relationships. What is the Green Gateways program by Black Oak Collective?   Mentioned in This Episode: Srenergy.com Blackoakcollective.org Miles on LinkedIn 2024 Energy Industry Conference Thank you :D

The podcast discusses the importance of collaboration in the energy sector, the talent gap, and the future of clean energy sources. Michael Kolodner shares insights from industry conferences globally and the proactive nature of young professionals. The episode also features students discussing their journey into risk management and energy careers.

Join the insightful discussion with Sarah Sherman as she delves into risk management in the fusion industry. From client collaboration to industry knowledge requirements, she highlights the value of clear communication and honesty. Discover Sarah's journey, her pivotal role in The Wattles Fellowship, and her unique position at Commonwealth Fusion Systems.

Scott Addis, Founder of Beyond Insurance, shares his multifaceted journey from sports psychology to risk management. He discusses his five-step risk management process, importance of active listening, and becoming 'rejection-proof'. He emphasizes the significance of employee interviews for understanding client needs. Scott also highlights the strategies to manage risk and the power of building a global network of risk management professionals.

Christopher Holmes, co-founder of RiskVersity, brings over 15 years of risk management expertise to the forefront of the insurance industry. In this episode, Christopher shares his journey from being an intern at Arthur J. Gallagher & Co. to becoming the CEO of RiskVersity, a company dedicated to changing the insurance landscape by creating opportunities for minorities. He discusses the unique challenges and progress in diversity within the industry, his commitment to fostering an inclusive environment, and his vision for the future.   Key Takeaways: A little bit about Chris and his role at RiskVersity. How did Chris come up with the name RiskVersity? How did Chris get into insurance? It certainly wasn’t on his vision board! Chris recently went through a physical transformation and shares some of his secrets to keeping fit. Chris’s motivation to stay healthy stems from his son as well as his father, whom he lost when he was 13. When Chris got his start as an intern at Arthur J. Gallagher & Co., what was that experience like? Chris didn’t want to make a bunch of money and just be miserable in his position. He needed joy and passion in whatever career field he was in. How did Chris transition to Wells Fargo? Chris was the Vice President of the Corporate Diversity board at Wells Fargo. Chris shares the type of conversations they were having back then. There’s been a lot of progress that’s been made in the last 15 years, and Chris educates his son on how much work and how far so many minorities have come. Chris gives an example that he heard about a lynching in 2002 near his hometown in South Carolina. There’s progress, but there’s still deep racism and we can’t forget that. Have things gotten better in the insurance industry when it comes to diversity and making it more friendly for future generations? It’s so hard to be yourself when you’re the only one in the room. You are very conscious about avoiding becoming a “beacon” of a certain stereotype. Chris is also a marriage counselor, what made him pursue this certification? If you really love your partner, you have to go to the gym to maintain a happy and healthy relationship. So many of us, though, don’t even know what types of weights to lift to achieve that. Chris talks about Legacy Investment Funds, an initiative that helps African Americans discover and pool their capital to reach better investment opportunities.   Mentioned in This Episode: Riskversity.com Chris on LinkedIn  

Jeff Gurtcheff is the Chief Claims Officer at CorVel and brings a unique blend of passion, collaboration, and extensive experience in worker’s compensation, liability, and property claims. In this episode, Jeff shares his insights on the evolving role of insurance adjusters, the importance of mentorship, and the art of reading policies and people. Jeff also discusses how his experiences in team sports have enriched his professional life in insurance.   Key Takeaways: A little bit about Jeff and his role at CorVel. Jeff had no clue what an insurance adjuster did. He had to go to the library to look it up. Knowing what Jeff knows now, he shares what he’d do slightly differently before joining insurance. Prior to joining insurance, Jeff was a baseball player in college. Jeff feels so fortunate that he had great mentors during his diverse career in insurance. Although reading insurance policies is a big part of what an insurance adjuster does, the other side is the ability to read people. Through the lessons Jeff’s learned in baseball and team dynamics, it’s helped his career greatly in insurance and working with a wide range of people. Jeff has noticed common myths about the insurance industry are (thankfully) disappearing. In insurance, we really want to take care of our customers and the people we serve. How is Jeff thinking about AI and incorporating it into what he does today? Where can people go to learn more about AI? The world changes and so does technology. We shouldn’t be quick to discard something that’s up and coming. What kind of challenges or adversity has Jeff had to face, thus far? What advice would Jeff give to others looking to create a career in insurance? Jeff gives a shout-out to one of his mentors, Dave Kelly. What a wonderful and patient teacher!   Mentioned in This Episode: Corvel.com Jeff on LinkedIn    

Milton Stark is a seasoned professional with an impressive 52-year career spanning industrial, government, and commercial sectors. His expertise lies in a broad range of areas including management, operations, and safety. In this episode, Milton dives into his extensive career in nuclear energy and risk management, discussing the evolution of safety protocols since the 1970s and addressing public misconceptions, including the current concerns over tritium in drinking water.   Key Takeaways: A little bit about Milton and his very extensive career in the nuclear energy space! How did Milton find his way through risk management? There’s almost no industry in the world that’s safer than nuclear power because it’s always on everyone’s top-of-mind. Milton had a great plan for his life, but as his grandmother used to say, “Life is what happens when you’re planning your life.” How has the approach to risk management changed in the nuclear space from when Milton started in the ’70s to now? Milton was born in ’47 and remembers a time when he and his classmates had to do nuclear war drills. He believes the nuclear industry could have done a better job in educating the public on its safety protocols. Milton shares a real-time example of how nuclear misinformation has caused panic and unnecessary evacuations. There are a lot of protests happening right now regarding tritium being mixed in drinking water. Milton explains the half-life of tritium and its true dangers. People forget that sunlight also has radiation. What’s one thing Milton wishes he’d learned sooner in his life?   Mentioned in This Episode: Miltonstark.com Milton on LinkedIn  

Richard Vinhais is the Chief Executive Officer at WAX, an insurance company that protects rare collectible items. Richard shares how you can insure half of a collectible item, what he looks forward to in the expansion of the business, and why it really takes an “insider” to truly understand the pain points collectors go through when it comes to insuring some of these precious items. Key Takeaways: A little bit about Richard and what he does for WAX. WAX is a much-needed service in the collector space because the everyday insurer doesn’t understand the true value of some of these unique collector items. Richard shares why some of these collectible items are so important for people like himself. How did Richard discover risk and insurance? Richard shares what it was like working at EY and why the experience was so diverse. A lot of times, Richard would work on a project for a few months before moving on to the next project. He loves the variety and being able to experience different industries during those 15 years. Did you know ticket stubs are very rare and collectible? Why did Richard take a chance and get into entrepreneurship? Richard wanted to push himself and try something new, exciting, and scary. How does Richard think about insurance within this collectible industry? Richard conducts focus groups to better understand what people truly care about. In Richard’s spare time, he likes creating art and giving it away to friends. What are some hot collectible items on the market right now?   Mentioned in This Episode: Wax.insure Richard on LinkedIn