The Cambridge Centre for Risk Studies held the 2014 meeting of its Advisory Board, with attendees representing the supporting organisations of the Centre, academic advisors, and invited guests.

The executive team of the Centre for Risk Studies presented a progress report on the past year’s activities, the current positioning and strategy of the Centre, and the various strands of research. The meeting was used to review the strategy, focus, and differentiating characteristics of the Centre.

The Advisory Board provided guidance and inputs into the planning of the future research agenda of the Centre for Risk Studies.

Presentations

Welcome and Introductions

Professor Daniel Ralph, Academic Director, Centre for Risk Studies
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Overview of CRS Research Agenda 2014

Dr Andrew Coburn, Director of the External Advisory Board, Centre for Risk Studies
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Scenarios for Risk Management: Example of Geo-Political Conflict

Dr Gary Bowman, Research Associate, Centre for Risk Studies
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Macroeconomic Modelling, International Connectivity and Enterprise Networks

Dr Scott Kelly, Research Associate, Centre for Risk Studies
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A Research Framework for Complex Risks: Example of Cyber Catastrophe Risk

Simon Ruffle, Director of Technology Research, Centre for Risk Studies
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Understanding Financial Catastrophe Risk

Dr Fabio Caccioli, Research Associate, Centre for Risk Studies
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Agenda

The Advisory Board Meeting was structured as a series of short presentation sessions followed by discussions.

Download the presentations (pdf, 2.43MB)

Welcome and Introductions

Dr Andrew Coburn, Director of External Advisory Board, Cambridge Centre for Risk Studies

Report on Past Year’s Activities

Dr Michelle Tuveson, Executive Director, Cambridge Centre for Risk Studies

Research Development Strategy

Professor Daniel Ralph, Academic Director, Cambridge Centre for Risk Studies

Discussion Topic: Centre Development Strategy

Balance of engagement, research, and academic output: what should be the relative balance of emphasis and focus of the Centre over the next few years?

Research Theme 1: Global Complex Risk Landscape

Dr Andrew Coburn, Director of External Advisory Board

Research Theme 2: Understanding Complex Business Exposure

Simon Ruffle, Director of Technology Research

Research Theme 3: Financial Catastrophe Risk

Dr Andrew Coburn, Director of External Advisory Board

Research Theme 4: Resilient International Supply Chains

Professor Daniel Ralph, Academic Director

Research Theme 5: Understanding the threat of Cyber Catastrophe, and Research Programme Prioritisation

Simon Ruffle, Director of Technology Research

Discussion Topic – Research Theme 5 and Research Programme Prioritisation

Prioritisation and relative importance of the different research themes for resource allocation.

Members of 2014 Advisory Board of Cambridge Centre for Risk Studies

  • Philip Brice, Corporate Risk Manager, Treasury, BP
  • Dr Mike Maran, Chief Science Officer, Catlin
  • Marco Moretti, Associate Principal, McKinsey & Co
  • Peter Nakada, Managing Director, RMS
  • Professor Tso-Chien Pan, Professor and Executive Director, Institute of Catastrophe Risk Management, Nanyang Technological University, Singapore
  • Dr Rainer Sachs, Head of Group Accumulation and Emerging Risks, Munich Re
  • Dr Paul Sanderson, Deputy Head, Economic Performance and Environment, Economic and Social Research Council
  • Alan Smith, Global Head of Risk Strategy and Chief of Staff, Global Risk, HSBC
  • Matthew Swibel, Director, Corporate Sustainability, Lockheed Martin
  • Dickie Whitaker, Director, Financial Services Knowledge Transfer Network

Executive Committee of Cambridge Centre for Risk Studies

  • Professor Daniel Ralph, Academic Director, Cambridge Centre for Risk Studies, University of Cambridge Judge Business School & Professor of Operations Research
  • Dr Michelle Tuveson, Executive Director, Cambridge Centre for Risk Studies
  • Dr Andrew Coburn, Director of the External Advisory Board, Cambridge Centre for Risk Studies and Senior Vice President, RMS
  • Simon Ruffle, Director of Technology Research, Cambridge Centre for Risk Studies

Academic Advisors & Guest Attendees

  • Andrew Freeman, Risk Fellow, Cambridge Centre for Risk Studies & Managing Director, Cambridge Research Associates
  • Professor Stylianos Kavadias, Director of Research and Margaret Thatcher Professor of Enterprise Studies in Innovation & Growth, Cambridge Judge Business School
  • Professor Frank Kelly, Professor of the Mathematics of Systems, Statistical Laboratory, University of Cambridge, and Master of Christ’s College, Cambridge
  • Associate Professor Edmond Yat-Man Lo, Deputy Director, Institute of Catastrophe Risk Management, Nanyang Technological University, Singapore and Associate Professor, School of Civil and Environmental Engineering
  • Professor John Rees, Risk Research Coordinator, UK Research Councils (RCUK)
  • Professor David Spiegelhalter, Winton Professor for the Public Understanding of Risk, University of Cambridge
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