Key Topics:
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The Journey from Seed to Series A and Beyond: Hear directly from entrepreneurs who have founded weather-focused companies in the past five years. Panelists will share their stories, navigating the progression from SBIRs (Small Business Innovation Research) to seed funding, Series A rounds, and scaling their companies.
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NOAA's Groundbreaking Partnership with the Reinsurance Industry: A recent Memorandum of Understanding (MOU) between NOAA and the Reinsurance Association of America marks a significant leap in leveraging climate data for resilience. This MOU, part of NOAA’s Industry Proving Grounds, strengthens NOAA’s collaboration with the insurance sector to enhance tactical and strategic decision-making around climate resilience, particularly for communities at risk from extreme weather.
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NSF-NOAA Partnership for Catastrophic Impact Modeling Centers: In May 2023, a strategic agreement between NSF and NOAA created an Industry-University Cooperative Research Center (IUCRC) focused on catastrophic climate impacts and risk assessment. This center will combine academic and industry expertise to tackle some of the most pressing challenges related to climate-induced perils, providing critical insights and tools for the insurance sector.
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Center for Interdisciplinary Research on Convective Storms: Convective storms, a significant threat to property and public safety, demand comprehensive research and innovative solutions. This proposed center, featuring leaders like Dr. Victor Gensini and Dr. Daniel Wright, will integrate meteorology, climate science, and socioeconomics expertise to advance understanding and develop cutting-edge methodologies for assessing and mitigating storm-related risks. The center aims to foster collaboration between academia, government, and industry to bolster societal resilience.
- The Institute for Risk Management and Insurance Innovation (IRMII) at the University of North Carolina at Chapel Hill is a multidisciplinary research and innovation hub, bringing together academic researchers and industry professionals to develop creative solutions for managing the financial risks arising from a growing number of threats, ranging from extreme weather to pandemics to cybersecurity. In addition to creating new knowledge, IRMII is a platform for faculty from across the campus to provide graduate and undergraduate students with multidisciplinary training that prepares them for productive careers in the vitally important and evolving industries of risk management and insurance.
Moderator: Manda Adams, Climate Incubator, Division of Research, Innovation, Synergies and Education (RISE) at the National Science Foundation
Panelists:
- NOAA or NSF-NOAA Representative (TBA): On NOAA’s reinsurance partnership and climate data applications and/or the new IUCRC for climate risk modeling.
- Victor A. Gensini, PhD, CCM (Northern Illinois University) and (Tentative) Daniel Wright, PhD (University of Wisconsin-Madison): Discussing the proposed Center for Interdisciplinary Research on Convective Storms.
- Greg Characklis, PhD, University of North Carolina at Chapel Hill: Discussing the
UNC Institute for Risk Management and Insurance Innovation. - Matt Stein / CEO and Co-Founder, Salient Predictions.
- Stephen Bennett / Chief Scientist and Co-Founder, Demex.
This panel offers a unique opportunity to explore how public-private partnerships, interdisciplinary research, and innovative funding models are transforming the field of weather risk management and driving resilience for communities and industries alike.
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