AIR Sponsors Global Earthquake Model Project

Catastrophe risk modeling firm AIR Worldwide Corporation announced it is sponsoring the Global Earthquake Model (GEM) project, a five-year project led by the Organization for Economic Cooperation and Development (OECD) to produce the first global, open source model for seismic risk assessment. AIR scientists and engineers will collaborate with leading earthquake researchers in many aspects of earthquake risk quantification and will have access to new global data sets.

“The Global Earthquake Model project generates information of the highest standard through cooperation between many of the world’s top earthquake experts,” says Dr. Ross Stein, geophysicist with the U.S. Geological Survey & GEM co-founder. “AIR’s expertise and support will help ensure that GEM will be the critical instrument to support decisions and actions that reduce earthquake losses worldwide.”