Meet Steve Yesko, ARM: Setting the Pace for RMIS Opportunity

Steve Yesko, ARMSteve Yesko, AssetWorks’ new RMIS Business Development Manager, has an even-keeled, measured way of talking about his career in risk management. Perhaps it’s his over 15 years in Risk Management Information Systems (RMIS). Perhaps it’s the industry’s ingrained culture around risk rubbing off on him. Or perhaps it’s his own personal philosophy that has Steve looking forward to breathing new life into AssetWorks’ eRIMS customer base.

What’s noteworthy is that Steve joined AssetWorks Risk Management in August 2021. So, as of this interview, he’s been with the company only a few weeks. Yet, from his adept assessment of the division’s offerings, it’s clear his experience is helping him hit the ground running. Or, more accurately, riding, since in his spare time Steve is an accomplished ultra-marathon cyclist.

Since Steve began his career, insurance and risk management have been central themes in every sales, marketing, business development, or consulting role he’s held. In 2007, he earned his Associate in Risk Management (ARM) designation and he’s consistently active in the Risk & Insurance Management Society (RIMS), the industry’s primary professional organization. Steve is excited to leverage this extensive background, his broad network, and his expertise with AssetWorks.

Fond of the quote, “The purpose of risk management is to improve the future, not to explain the past,” Steve said he sees AssetWorks’ RMIS technology and services as an opportunity; one to truly help organizations better manage the mission-critical risks they face every day and better prepare them for new and emerging risks. Risk management is more important than ever in our world today,” Steve explained. “The explosion of cyber risk… the increased frequency and severity of natural disasters… supply chain disruptions… climate change… and pandemics… These are big things affecting virtually every organization and literally every single person in some way. In the end, it all boils down to safeguarding the lives and livelihoods of people – cities, neighborhoods, businesses, schools, churches, employers, employees, families.”

He went on: “Look at what else is affecting the world of RMIS: it’s digital transformation. There are organizations still using spreadsheets when they could more holistically manage their risk with RMIS. With today’s technologies, we can bring actionable information right into peoples’ phones, tablets, or the device on their wrist. We’re no longer anchored to the computer. We have large data sets that we can slice-and-dice analytically for more effective predictive modeling with RMIS. Where will the next risk hotspot be? Is it a wildfire, terrorist event, hurricane, ransomware attack, power grid outage, or supply chain problem? It’s important to be able to understand these trends and see these events for what they are. Then you can better assess the information coming into an organization and interpret that data, the risk exposures and their implications. Only then can you be sure you’re employing the most appropriate risk treatment. That’s what our eRIMS risk management information system helps our customers do every day.”

In addition to connecting with organizations where RMIS can help solve these challenges, Steve has been reconnecting with his professional network on LinkedIn, letting them know about AssetWorks and its capabilities. Sometimes he even finds himself going off the beaten path — quite literally, with one recent project — to make connections and uncover unexpected opportunities. “A project I’m working on right now involves the RIMS organization. Their annual conference brings together risk management professionals from around the world. In April 2022, it’s being held in San Francisco. So, in conjunction with the RIMS Conference, I’m coordinating a ‘Ride to RIMS’ cycling event — it’s basically a rolling networking event. I’m an avid cyclist and this event brings together RIMS attendees who share that passion for a three-to-five-day tour prior to the conference, culminating in a triumphant ride across the Golden Gate bridge, as we arrive in San Francisco. I’m currently working with the RIMS team here in New York City and colleagues in London at the Lloyd’s Cycle Club to organize all the details between now and next April.” AssetWorks, he said, will be prominently positioned as a title sponsor of the event.

When asked what attracted him to the AssetWorks team, Steve was already speaking of the company in terms of “we.” “We have a

steve yesko

very solid reputation in property appraisal and asset management. And in the field of insurance and risk management, property is a big component. In fact, we’re so strong on the property side that for asset-intensive industries like construction, transportation and logistics, energy, manufacturing, telecommunications, and even some emerging sectors, they can benefit from the appraisal and property valuation benefits that we offer, too. This makes our value proposition doubly-strong.” As you can see, Steve is excited about the possibilities.

When Steve isn’t uncovering new RMIS business opportunities for AssetWorks, he spends his spare time road and mountain

cycling, hiking, reading, or cooking. Though he works out of AssetWorks’ Pittsburgh office, he and his family reside in New York City. Coincidentally, Steve is a Pittsburgh native, one who once again has two homes since joining AssetWorks.

Steve may be new to AssetWorks, but it appears he’s already found an easy balance between his business drive and personal pursuits. Perhaps this rapid adaptability really is like riding a bike—a skill you learn and then never forget. Steve is already making tracks for an energetic and fulfilling journey.