Willis, one of the world’s largest insurance and reinsurance brokers, has developed the Willis Research Network (www.willisresearchnetwork.com), the world’s largest collaboration between insurance and academia undertaking research to evaluate the frequency, severity and impact of extreme events and develop private and public sector risk financing to share the costs of these events across populations. In collaboration with Nanyang Technological University, Singapore and with various other scientific institutions world-wide, it strives to develop a common framework to represent marine cargo exposure world-wide and to use this framework to design and develop a database dealing with world-wide marine cargo exposure.
The fundamental purpose of the research is to evaluate the world-wide exposure of marine cargo. The project will coordinate with the parallel NTU/WRN project into vulnerability, and with the various marine cargo (and other) research and development initiatives which are on-going within the WRN and within Willis.
The processes involved will include; a review of world-wide data sources dealing with all aspects of marine cargo, data collection and tabulation, database design and development, data mining and analysis, and mathematical modelling. The Willis Research Fellow will need to contribute to the design of the project, to research the exposure of cargo, to develop databases, to write and present analytical reports, research and industry papers and conference presentations, working in conjunction with WRN and Willis partners and others in collaborative and multidisciplinary research projects.
Scholarship Application Deadline: 21 February 2011
