Working with industry partners is key to achieving our research and educational goals. We see risk analytics as both a theoretical and applied research area. We believe that it is important to work with industry because no one knows the challenges of risk quantification and management better than industrial partners who face these challenges daily.
With industry partners from insurance, reinsurance, and finance, we are interested in working on both speculative and applied research projects. Partnership models can take a variety of forms from 1) support of research projects in which industry poses research problems and provides funding but is not directly involved in the work to 2) highly collaborative joint research programs in which university based researchers work closely with counterparties in industry.
While industry offers the university interesting problems, domain knowledge, and funding, the university can offer in return deep technical expertise, new ways to look at problems, and a chance to interact with bright highly-motivated students at the beginning of their careers. In addition, by leveraging matching research funds from government sources the university offers a economical place to do both highly speculative and applied research projects.
If you are interested in exploring the potential for a research partnership please contact Dr. Andrew Rau-Chaplin directly.