A new initiative called the Center for Innovation in Risk, Catastrophes, and Decisions (CIRCAD) has been launched to address the growing challenges posed by extreme weather to the insurance industry. This center is a collaborative effort between Duke University, the University of Georgia, NASA, and leaders from the insurance and climate data sectors. Funded by the National Science Foundation, CIRCAD aims to develop new data, tools, and decision frameworks to help manage climate risk and improve community resilience. AI
RANK_REASON This cluster details the launch of a new, multi-stakeholder center focused on a significant industry problem (weather risk in insurance) with substantial funding and high-profile partners. [lever_c_demoted from significant: ic=1 ai=0.4]
- American Family Insurance
- Aon
- Center for Innovation in Risk, Catastrophes, and Decisions
- Delft University of Technology
- Duke University
- Gilbert Gaul
- Insurance Institute for Business & Home Safety
- NASA
- National Science Foundation
- University of Georgia
- WTW
- Zac Taylor
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