Risk and Liability Management

Risk management is the identification, evaluation, and prioritization of risks, followed by coordinated application of resources

Samantha Kappagoda and David K.A. Mordecai were Invited to Speak at the NECPUC 71st Annual Symposium

Samantha Kappagoda and David K.A. Mordecai were Invited to Speak at the NECPUC 71st Annual Symposium

Samantha Kappagoda and David K.A. Mordecai were invited to speak at the New England Conference of Public Utilities Commissioners (NECPUC) 71st Annual Symposium, which took place from May 20-23, 2018 at Cliff House in Cape Neddick, Maine.

David K.A. Mordecai spoke on the Plenary Panel on May 22, 2018 and gave a presentation entitled Hair-Raising Hazards: Analytical Frameworks for Risk & Catastrophic Events. He spoke on Hair Raising Hazards from AI, ML & IoT: Adaptive Response to Cyberphysical Risks.

The panel was moderated by Hon. Bruce Williamson, Commissioner, Maine Public Utilities Commission, and the other panelists were the following:

Samantha Kappagoda spoke on Mitigating and Managing the Risk of a Cyberphysical Cat (Event) on the panel entitled Regulation and Risk Management in the Face of High Impact, Low Frequency Events. It was moderated by Hon. Michael Giaimo, Commissioner, New Hampshire Public Utilities Commission. Other participants were the following:

  • Thorn Dickinson, Vice President-Business Development, Avangrid
  • Dalia Patino Echeverri, Gendell Associate Professor of Energy Systems and Public Policy, Duke University
  • Richard B. Jones, SVP Research & Engineering, Hartford Steam Boiler

David Mordecai and Samantha Kappagoda co-advise research at RiskEcon® Lab for Decision Metrics @ Courant Institute of Mathematic Sciences.

Samantha Kappagoda and David K.A. Mordecai were Invited to Speak at the NECPUC 71st Annual Symposium

About RiskEcon® Lab @ Courant Institute
The mission of RiskEcon® Lab for Decision Metrics @ Courant Institute of Mathematical Sciences NYU is to enable, facilitate and coordinate academic research focusing on these patterns and trends, via the development of commercially-viable, analytic applications employing computational statistical tools in conjunction with innovative and non-traditional data structures. In addition, the lab’s activities involve the advancement of applied mathematical statistics and computational economics, through interdisciplinary post-doctoral, postgraduate, graduate research and education in data science and social computing.

RiskEcon® Lab for Decision Metrics was established in 2011 at Courant Institute of Mathematical Sciences, an independent division of New York University (NYU). Courant is considered to be one of the world’s leading mathematics educational and scientific research centers, and has been ranked first in research in applied mathematics.

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David K.A. Mordecai and Samantha Kappagoda Participated in the National Academy of Sciences Summit for Managing Extreme Events

David K.A. Mordecai and Samantha Kappagoda Participated in the National Academy of Sciences Summit for Managing Extreme Events

David K.A. Mordecai and Samantha Kappagoda of Risk Economics, participated in the National Academy of Sciences Summit for Managing Extreme Events. The event was co-sponsored by National Academy of Sciences, Willis Research Network, Federal Emergency Management Association (FEMA), U.S. Geological Survey (USGS), National Center for Atmospheric Research (NCAR), and Environmental Systems Research Institute (ESRI). The Summit was held on September 9-11, 2011 at the National Academy of Sciences and Pew Charitable Trusts in Washington D.C.

David K.A. Mordecai served as an invited panelist with Brian Kamole, The White House, Dr. Thomas Karl, NOAA, Dr. Ruth David, ANSER, Stephen Weinstein, General Counsel, Renaissance Re, and Gus Felix, Head of Operational Risk, Citigroup. Samantha Kappagoda also attended the three day event.

The summit brought together over 100 renowned researchers, federal agency heads, emergency-management officials, insurance and reinsurance leaders, and other experts from the public, private, and non-profit sectors for three days in Washington D.C. to discuss how to better prepare for and recover from natural disasters, terrorist attacks, financial system breakdowns, energy and food shortages, and other extreme events, including those that may be triggered by climate change. The Summit was conceived as the first activity of a long-term collaboration among the public, private and academic sectors to harness research, policy, and private sector expertise to better understand and manage extreme events. The primary goal of the Summit was to develop a unifying framework to support that collaboration.

David K.A. Mordecai and Samantha Kappagoda Participated in the National Academy of Sciences Summit for Managing Extreme Events

David Mordecai and Samantha Kappagoda are President and Chief Economist respectively, of Risk Economics, an advisory firm that applies rigorous analytics to large-scale real world geopolitical and socio-economic issues relating to demographics and macroeconomics. The firm’s expertise includes domains within finance, regulation, political risk, commerce and consumer behavior, labor, housing, immigration, global population, resource allocation environment, health and aging.

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