Details
Original language | English |
---|---|
Pages (from-to) | 633-656 |
Number of pages | 24 |
Journal | Geneva Papers on Risk and Insurance: Issues and Practice |
Volume | 42 |
Issue number | 4 |
Early online date | 11 Oct 2017 |
Publication status | Published - Oct 2017 |
Abstract
This paper discusses participation possibilities for German insurance companies in an urban crisis management system (UCMS) for critical infrastructures (CIs), which helps better monitor and manage CIs. We examine if and how insurance companies from Germany can contribute as actors in such innovative systems to holistically protect CIs. We meet this objective by conducting an expert survey in the German insurance industry and find that it lacks the willingness or ability to participate in a UCMS. While we discover occasional interest regarding the insurer's predefined roles as a data/knowledge provider, investor or data user, each participation possibility poses challenges for insurance companies.
Keywords
- civil protection, crisis management, critical infrastructures, information system, insurance companies, public-private partnerships
ASJC Scopus subject areas
- Business, Management and Accounting(all)
- Accounting
- Business, Management and Accounting(all)
- Economics, Econometrics and Finance(all)
- Finance
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
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In: Geneva Papers on Risk and Insurance: Issues and Practice, Vol. 42, No. 4, 10.2017, p. 633-656.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - An Urban Crisis Management System for Critical Infrastructures
T2 - Participation Possibilities for Insurance Companies
AU - Wrede, Dirk
AU - Will, Annemarie
AU - Linderkamp, Tim
AU - Von Der Schulenburg, Johann Matthias Graf
N1 - Funding Information: This work was supported by the Federal Ministry of Education and Research, Germany (Grant Number 13N12332). 10 For a more detailed consideration of the four different critical infrastructure interdependencies (physical, cyber, geographic and logical), see Rinaldi et al. (2001). 11We use the term ‘‘traditional actors’’ to refer to the public sector, private industry and volunteer agencies involved in crisis and disaster management. 12The authors were part of a three-year project sponsored by the German Federal Ministry of Education and Research named ‘‘Innovative Geschäftsmodelle für Sicherheit von Netzversorgungsinfrastrukturen – InnoGeSi.net’’. The project started in October 2012 and ended in September 2015. The aim of the interdisciplinary research project was the development of a business model to increase the security of critical infrastructures. The result is a theoretical concept for a UCMS, as it is presented in this paper. 13 See footnote 12. 14 See Federal Office for Information Security (2004). The German approach to critical infrastructure protection differs significantly from the U.S., see also footnote 8.
PY - 2017/10
Y1 - 2017/10
N2 - This paper discusses participation possibilities for German insurance companies in an urban crisis management system (UCMS) for critical infrastructures (CIs), which helps better monitor and manage CIs. We examine if and how insurance companies from Germany can contribute as actors in such innovative systems to holistically protect CIs. We meet this objective by conducting an expert survey in the German insurance industry and find that it lacks the willingness or ability to participate in a UCMS. While we discover occasional interest regarding the insurer's predefined roles as a data/knowledge provider, investor or data user, each participation possibility poses challenges for insurance companies.
AB - This paper discusses participation possibilities for German insurance companies in an urban crisis management system (UCMS) for critical infrastructures (CIs), which helps better monitor and manage CIs. We examine if and how insurance companies from Germany can contribute as actors in such innovative systems to holistically protect CIs. We meet this objective by conducting an expert survey in the German insurance industry and find that it lacks the willingness or ability to participate in a UCMS. While we discover occasional interest regarding the insurer's predefined roles as a data/knowledge provider, investor or data user, each participation possibility poses challenges for insurance companies.
KW - civil protection
KW - crisis management
KW - critical infrastructures
KW - information system
KW - insurance companies
KW - public-private partnerships
UR - http://www.scopus.com/inward/record.url?scp=85031094762&partnerID=8YFLogxK
U2 - 10.1057/s41288-017-0069-9
DO - 10.1057/s41288-017-0069-9
M3 - Article
AN - SCOPUS:85031094762
VL - 42
SP - 633
EP - 656
JO - Geneva Papers on Risk and Insurance: Issues and Practice
JF - Geneva Papers on Risk and Insurance: Issues and Practice
SN - 1018-5895
IS - 4
ER -