Innovating Works

H2020_Insurance

Financiado
Oasis Innovation Hub for Catastrophe and Climate Extremes Risk Assessment
Globally, there is increased concern of the potential impacts of extreme climate events and their impact on loss and damage of people, assets and property as a result of these events. Therefore, natural partners in using climate s... Globally, there is increased concern of the potential impacts of extreme climate events and their impact on loss and damage of people, assets and property as a result of these events. Therefore, natural partners in using climate services to assess risk are the Global Insurance Sector, who are key implementers in increasing societies resilience and recovery of extreme events and who are integral, co-design partners in this programme. This project intends to operationalize a system, called the Oasis Loss Modelling Framework, that combines climate services with damage and loss information and provides a standardised risk assessment process that can assess potential losses, areas at most risk and quantify financial losses of modelled scenarios. We intend to prove the Oasis LMF system through undertaking a range of demonstrators linked and co-designed to ‘real’ situations and end-user communities in the insurance, municipalities and business sectors (see list of partners & collaborators). These demonstrators have already been agreed with our end-users and develop work around hydro-climatic risk (in the Danube Region), Typhoon Risk, African Farmer Risk – through using climate information to support the underwriting of micro-insurance, climate v health and climate v forest asset risk assessment. We also intend to further expand access by all sectors to the models, tools and services developed within this programme and the broader climate services sector by operationalizing an open eMarket place and matchmaking facility for catastrophe and climate data and models, tools and services and through broadening awareness in the climate modelling and end-users communities to the Framework, and the transparent and comparable standard it offers to support evidence based risk assessment and adaptation planning. ver más
31/10/2020
PIK
5M€
Duración del proyecto: 41 meses Fecha Inicio: 2017-05-05
Fecha Fin: 2020-10-31

Línea de financiación: concedida

El organismo H2020 notifico la concesión del proyecto el día 2020-10-31
Línea de financiación objetivo El proyecto se financió a través de la siguiente ayuda:
SC5-01-2016-2017: Exploiting the added value of climate services
Cerrada hace 8 años
Presupuesto El presupuesto total del proyecto asciende a 5M€
Líder del proyecto
POTSDAMINSTITUT FUR KLIMAFOLGENFORSCHUNG EV No se ha especificado una descripción o un objeto social para esta compañía.
Perfil tecnológico TRL 4-5