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| Risk Management and Risk Financing as Tools for Preventing Biological Pollution |
| Status: |
Completed |
| Grantee: |
Sommer Barnard Ackerson, Attorneys PC |
| Grant Amount: |
$171,000 |
| Award Date: |
September 12, 2003 |
| Contact: |
William Weeks |
| Phone: |
202-833-8833 |
| E-mail: |
bweeks@sbalawyers.com |
| Category: |
Biological Pollution |
| Origination: |
RFP - Preventing Biological Pollution |
The applicants propose to conduct a preliminary assessment of how insurance mechanisms can be used to substantially reduce the number and severity of instances of biological invasions. The project team will explore the risks posed by biological pollution; assess the underwriting criteria that should be used to price insurance polices against such damages; and investigate a variety of pooling methods that could be employed to fund claims. The project team includes attorneys, scientists and insurance professionals. |
Notes: This grant is part of a group of related grants awarded in response to an RFP issued by GLPF. |
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