Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 6 February 2018, 09:00 HKT/SGT
Share:
    

Source: AIR Worldwide
AIR Worldwide Appoints Roger Grenier to Lead Global Resilience Practice
Industry Executive to Lead Risk Reduction Initiatives across the Globe

BOSTON, Feb 6, 2018 - (ACN Newswire) - Catastrophe modeling firm AIR Worldwide (AIR) announced that it has appointed Dr. Roger Grenier as senior vice president of global resilience to lead AIR's resilience initiatives across the globe. These initiatives are aimed at developing solutions that aid society's efforts to better prepare for and recover from extreme events. AIR Worldwide is a Verisk (Nasdaq:VRSK) business.

"I'm extremely excited to join AIR to further develop the company's public risk strategy," said Grenier. "I look forward to assisting governments and nongovernmental organizations to strengthen their emergency management programs and help them prepare for natural and man-made catastrophes before disasters strike."

AIR's global resilience practice serves these distinct roles:

- develop solutions that aid society's efforts to better prepare for extreme events
- assist organizations in applying catastrophe modeling to disaster risk financing in an effort to close the global protection gap
- establish alliances with organizations to share data and advance the science of modeling and help society better manage the risks from natural hazards
- strengthen relationships with regulatory bodies and rating agencies globally

According to a report released by AIR in November, global economic losses from catastrophes average roughly USD 345 billion annually, of which less than 20% are insured. The difference, which represents the protection gap, was starkly illustrated by the hurricanes of 2017. Only a small percentage of home and business owners in Houston carried flood insurance, and Maria's impact on Puerto Rico will be felt for months, if not years, to come.

Grenier began his career as an engineer where he worked on a wide array of models for environmental, flood, and coastal engineering projects, including helping to develop a comprehensive water quality and circulation model for New York Harbor. He has 20 years of experience working directly with global risk models and was formerly director of catastrophe research and development at Liberty Mutual, where he was responsible for developing the Liberty view of catastrophe risk and developing techniques to evaluate non-modeled catastrophe risk worldwide.

"As evidenced by our long history of working with an array of governmental and nongovernmental organizations around the world, AIR is well positioned to inform public disaster financing and other risk reduction initiatives," said Rob Newbold, executive vice president, AIR Worldwide. "We're pleased to have Dr. Grenier lead our global resilience practice by leveraging his vast catastrophe modeling knowledge and expertise in global risk management."

Grenier holds a B.S. in civil engineering from Tufts University, a M.S. in civil engineering from Stanford University, and a Ph.D. in civil engineering from North Carolina State University.

About AIR Worldwide

AIR Worldwide (AIR) provides risk modeling solutions that make individuals, businesses, and society more resilient to extreme events. In 1987, AIR Worldwide founded the catastrophe modeling industry and today models the risk from natural catastrophes, terrorism, pandemics, casualty catastrophes, and cyber attacks globally. Insurance, reinsurance, financial, corporate, and government clients rely on AIR's advanced science, software, and consulting services for catastrophe risk management, insurance-linked securities, site-specific engineering analyses, and agricultural risk management. AIR Worldwide, a Verisk (Nasdaq:VRSK) business, is headquartered in Boston, with additional offices in North America, Europe, and Asia. For more information, please visit www.air-worldwide.com.

For more information, contact:
Kevin Long
AIR Worldwide
617-267-6645
[email protected]

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AIR Worldwide via Globenewswire


Feb 6, 2018 09:00 HKT/SGT
Topic: Press release summary

http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



AIR Worldwide
July 1, 2019 17:00 HKT/SGT
AIR Publishes Its Catastrophe Exposure Data Schema Publicly
June 26, 2019 09:00 HKT/SGT
AIR Worldwide Releases Expanded Inland Flood Model for Central Europe
June 20, 2019 17:00 HKT/SGT
AIR Worldwide Releases Updated Earthquake Model for New Zealand
June 19, 2019 17:30 HKT/SGT
Sompo International to Leverage AIR's Innovative Casualty Analytics Solution for Multi-Line Risk Analysis
Dec 19, 2018 08:00 HKT/SGT
AIR Estimates Losses for the Marriott Breach Will Be Between USD 200 Million and USD 600 Million
Dec 7, 2018 07:00 HKT/SGT
AIR Worldwide Estimates Insured Losses from Camp Wildfire Will Be Between USD 6 Billion and USD 9 Billion
Dec 1, 2018 07:00 HKT/SGT
AIR Worldwide Estimates Insured Losses from Woolsey Wildfire Will Be At Least USD 2.5 Billion
Nov 5, 2018 19:00 HKT/SGT
Arch Insurance Selects AIR's Modeling Solution to Help Manage Its Catastrophe Risk
Oct 22, 2018 18:00 HKT/SGT
AIR Develops Advanced Probabilistic Model for Global Cyber Risks
Oct 15, 2018 23:00 HKT/SGT
AIR Worldwide Estimates Insured Wind and Storm Surge Losses for Hurricane Michael Will be Between USD 6 Billion and USD 10 Billion
More news >>
 News Alerts
Copyright © 2019 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: