Gallagher Re launches academic research center

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THE BHARAT EXPRESS NEWS INSURANCE NEWS
THE BHARAT EXPRESS NEWS INSURANCE NEWS

Gallagher Re, the global reinsurance broker, has announced the launch of the Gallagher Research Center (GRC).

The GRC is housed in Gallagher Re’s Global Analytics & Advisory center of excellence and is led by Dr. Tina Thomson as Global Head of Research. It is a collaboration center for academic, research and other institutions. It provides access to independent, peer-reviewed academic work supporting applied innovations in all of Gallagher Re’s advisory and transactional products related to both natural and man-made hazards.

Doctor Tina Thomson

By creating a broad network of academic partnerships and collaborations, working integrally with Gallagher Re colleagues, the GRC will develop and deliver cutting edge research and innovation in an increasingly complex risk landscape to help clients develop their own view of risk across all types to develop. of danger, the broker explained.

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The GRC will also benefit the evolution of and innovation in risk management practices across the Gallagher group.

To support the academic partnerships and collaborations, Dr. Iain Willis has been appointed Research Director of the GRC. Willis joins Gallagher Re from JBA Risk Management, where for the past seven years as general manager of his Singapore subsidiary, he was responsible for business development in Asia Pacific, including data licensing and consulting capabilities for JBA (CAT) probabilistic models, hazard maps, event sets, training and disaster scenarios.

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“The GRC’s vision is to deliver invaluable insight by creating an ecosystem of academic partners and innovation that will provide our customers with a unique offering. It will stimulate research across the full spectrum of insurance and reinsurance – not just natural disaster risk,” said Thomson.

Dr Iain Willis

“While research into natural disasters and climate change remains a priority, the evolving complexity of risks over the past two years has clearly demonstrated why it is essential for the GRC to have a broader role to assess risks from unmodelled, emerging and man-made hazards. Those are all becoming more and more obvious,” she added.

“The launch of the GRC is an incredibly exciting undertaking for the entire industry. We strive for closer links between the insurance industry and academia at a much-needed moment. By partnering with global experts in their respective fields, we can help share the latest research findings, challenge existing views and develop new risk solutions for our clients,” said Willis.

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“In such a rapidly changing risk landscape, the innovation and applied research generated by the GRC will provide an essential mechanism for solving the risk management challenges of the future,” he continued.

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AJ Gallagher

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