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Risk – Measure, Communicate, Mitigate
22nd February 2018 @ 6:00 pm - 8:30 pm
An evening devoted to the Science and Psychology of Risk Management.
Is risk measurable? How much risk is acceptable to us in business practice and private life? How can different risk scenarios be communicated? What is the role of legislators and regulators in risk mitigation? What are the consequences of bad risk management?
The CETC welcomes a panel of academics and business practitioners to discuss various aspects of risk management in industry, the public sector and cutting edge risk science.
Dr Julian Scarfe, Director Innovia Technology and Vice President Europe Air Sports
'Risk Management and Risk Mitigation in Aviation'
Julian specialises in early stage product innovation and contractual matters at Innovia Technology. He is also involved in aviation at EU level both as a technical expert in regulatory processes and as a keen aviator. He regularly participates in working groups to shape the future aviation regulation on behalf of sports and recreational aviation in Europe. Julian's talk will give an overview of risk portfolios against a business background and touch upon the challenge of devising EU legislation for aviation, an environment with very different risk scenarios and risk acceptance levels by commercial and private air space users.
Kelly Quantrill, Research Assistant, Cambridge Centre for Risk Studies
'Measuring catastrophic failures of complex systems'
Kelly supports research in multi-line insurance exposure, cyber risk, and Project Pandora, which models the risks of multiple threats to global and city-level economies. Her primary interests are in data management, catastrophic planning, and the risk management of natural hazards. Kelly's talk will focus on focus on how a scenario will affect the system at risk and the impact this has on relevant loss metrics. For example, how a hurricane may affect the air travel network and the impact this has on the global economy.
Dr Cameron Brick, Psychologist, Winton Centre for Risk and Evidence Communication
'How to communicate risk in the media, in policy, and in medicine'
Cameron is a postdoctoral Research Associate at the Winton Centre for Risk and Evidence Communication at the University of Cambridge. He researches the psychology of responses to society-level problems such as climate change with the aim of designing effective messaging to boost comprehension and quality decision making. Cameron will review good and bad examples of risk communication in the media and in medical contexts and current projects at the Winton Centre like the design of a breast cancer survival tool.
Jamie Wheatley, Partner at Mills&Reeve
Jamie is the national head of the firm’s Regulatory, Public and Commercial Disputes practice. He will speak about the financial and legal impact of risk management, with reference to recent big cases such as the Carillion insolvency.