The Willis Research Network has announced San Diego
State University and Temblor as its new members.
According to WRN the appointment of the two new members has considerably strengthened its seismic research activities.
“It is a huge pleasure to be able to welcome both Temblor and San Diego State University to the Willis Research Network,” WRN senior research manager Rosa Sobradelo said. “Both institutions have proven records in delivering research that is of considerable interest to our industry.”
Temblor is pleased to be embarking on a research project with the Willis Research Network team, said Temblor co-founder and chief executive officer Ross Stein.
“We are building tools for the insurance industry, and for the public at large, to understand and forecast how one quake promotes the next, to modify the exposure and potential losses, something we are calling Coulomb Express because it is founded on the concept of Coulomb stress transfer,” Stein said. “We came to Willis Towers Watson and said, ‘Thirty thousand research papers on Coulomb triggering is enough; it’s time this was part of the insurance arsenal.’ We are glad they seized on this opportunity.”
Similarly, San Diego State University Professor Kim Olsen said the university is excited to join the WRN and to apply their three-dimensional ground motion models in the insurance industry.
“More accurate hazard estimates benefit everybody, including public awareness on earthquake effects, guidance on ground-shaking magnitude in future events, and eventually improved recommendation on insurance levels based on risk assessment,” Olsen said.
The Willis Research Network is the pillar between academia and the finance and insurance industries for leading global advisory, broking and solutions company Willis Towers Watson.
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