Private

Founding Sponsors

GEM has five Private Founders that have a special role within the initiative. As they took a bold stance in sponsoring the initiative from the beginning as a Platinum Sponsor, they have become key-players in the undertaking and participate actively in the various components. Since then more private organisations have become sponsor of GEM.

Munich Re

Dr. Jeworrek, Board of Management member: “We have been sponsoring GEM since the beginning, because we believe that GEM should and will be the number one model for earthquake estimation worldwide, made available to all interested parties in the public and private sector, and will lead to reducing and mitigating earthquake risk significantly” Munich Re Group contributes 5M Euro to the first five year programme of GEM.

Zurich Insurance Group

Claudio Boettcher, Chief Underwriting Officer Property: “We must not only strengthen our capacity to respond to disasters, but we must also invest in disaster risk reduction - in making communities stronger and more resilient in the first place. The challenge is global and requires a collaborative effort. At Zurich we recognize our responsibility to the wider society and have therefore chosen to partner with organizations working to mitigate environmental and social risks, improve the resilience of communities and raise awareness for this very important topic - such as GEM." Zurich Financial Services contributes 3M Euro to GEM's first working programme.

Air Worldwide

“In developing countries there often is little or no insurance and the financial burden is borne largely by the government,” said Dr. Jayanta Guin, senior vice president of research and modeling at AIR Worldwide. “AIR’s scientific and financial contributions to GEM are consistent with AIR’s support for the private-public partnerships that are needed to help developing countries better plan, react and recover from natural catastrophes.” AIR Worldwide contributes 1M Euro to the first five-year programme of GEM.

EUCentre

Eucentre is a non profit Foundation launched by the Civil Protection Department, INGV, the University of Pavia and the IUSS, with the aim of promoting, sustaining and overseeing training and research in the field of the reduction of seismic risk. The GEM Secretariat is hosted by the Eucentre and the Eucentre contributes 1.6 M Euro to the first five-year programme of GEM.

Private Sponsors

Private participants contribute funds to the GEM Foundation and engage in activities related to governance, insight, interaction, and visibility. Four categories of participation are available, distinguished by sector and level of contributions. The ‘advisor’ and ‘affiliate’ categories are targeted to engineering organizations (outside the insurance and catastrophe modelling industry).

 

 

Governor Sponsors

Private organisations, mainly from the insurance and risk modelling sector, that have a seat on the GEM Governing Board.

FM Global

Hannover Re

Suramericana

Advisor Sponsors

Private organisations, predominantly from the engineering sector, sitting on the Technical Advisory Council to provide strategic input related to usability, cultivation of the user community, and development to support the expansion of GEM and its OpenQuake suite.

Arup

OYO

Silver Sponsors

During GEM first Working Programme (2009-2013), the GEM Foundation has also relied on the financial and technical support from other private organisations.

Nephila Capital Ltd

General Insurance Rating Organisation of Japan

General Insurance Rating Organisation of Japan

General Insurance Rating Organisation of Japan