Ïã¸ÛÁùºÏ²ÊHC has worked extensively with business and industry, and has been part funded by Aon Benfield and its predecessors
Since its creation in 1997 the Ïã¸ÛÁùºÏ²ÊHC has worked extensively with business and industry, and has been part funded by Aon Benfield and its predecessors.Ìý, a division of AonÌýplc, is the world’s leading reinsurance intermediary and full-service capital advisor, and was the first company in the re/insurance industry to support and invest in academic research. The Ïã¸ÛÁùºÏ²ÊHC is a member ofÌý, which is an innovative academic–industry collaboration aiming to create a more risk aware world by combining world-class research with Aon Benfield’s industry-leading catastrophe modelling, actuarial analysis and brokering expertise. The goal of Aon Benfield Research is to enable insurers and reinsurers, their clients, governments and non-government organisations to protect and grow their organisations in the face of natural hazards and socio-economic risks.
In 2010 the Ïã¸ÛÁùºÏ²ÊHC began a programme of work with Aon Benfield and its clients on the non-modelled perils of volcanism, tsunami and landslides. Non-modelled perils are those perils for which there are no commercially available catastrophe models. Recent events, such as the Icelandic volcanic ash crisis of 2010 and the Tohoku earthquake and tsunami of 2011, have highlighted to pressing need to better understand the impact of these perils.Ìý
Since 2012, the Ïã¸ÛÁùºÏ²ÊHC has operated a programme to increase engagement between academia, re/insurance business and humanitarian and development agencies to explore how to better link knowledge, expertise and tools residing in these communities to enhance disaster risk reduction, response and relief.