First Pool Re scholarship for MSc Counterterrorism Risk Management awarded
Pool Re, Britain’s leading terrorism reinsurer, recently announced the launch of its scholarships for UK students undertaking the MSc in Counterterrorism, Risk Management and Resilience at Cranfield University. The scholarship is available for up to five students and the first has been awarded to Mark Susca, Head of Resilience at Manchester Airport.
The MSc course is designed for professionals focusing on terrorism risk management and protective security, offering students evidence-based methodological tools and extensive insight into the prevention and mitigation of terrorism risk.
Susca has more than 14 years’ experience in risk management in the aviation industry. He is currently Head of Resilience at Manchester Airport, having joined in 2017 as Emergency Planning and Resilience Manager. Prior to that, Susca has held senior risk managerial roles at Jet2.com, Security and Risk Organisation, Eastern Airways and ExecuJet Aviation Group.
Cranfield University’s Andrew Silke, Professor of Terrorism, Risk and Resilience, commented: “Our course centres on the core knowledge of terrorism risk management which mirrors the needs of the industry and our research interest. It is great to have the support of Pool Re in our programme. Mark is a very strong candidate and we look forward to having more professionals like him joining this course and making changes to the industry.”
Pool Re’s Chief Resilience Officer, Ed Butler said: “Cranfield University has been a strategic partner of ours in supporting Pool Re’s objectives in improving the resilience of the UK to terrorism risk. The Pool Re Scholarship is another way for us to facilitate and be part of the evolution of the terrorism insurance industry. This new specialist course offers students the expertise and tools to understand, assess and mitigate terrorism risk, mirroring the three pillars of Pool Re SOLUTIONS – risk awareness, risk modelling and risk management. We wish Mark a fruitful time at Cranfield.”
Susca added: “The modules in this master programme are highly relevant to the issues our industry faces today, with a teaching team made up of leading experts and professors in the field. I look forward to expanding my knowledge though this course of study and would like to thank Pool Re for its generous sponsorship and Cranfield University for their support.”
Further detail on the remaining four scholarships is available here:
Authored by Pool Re
Pool Re’s purpose is to enable the UK insurance market to offer terrorism cover to any commercial property that requires it. Central to this is the integration of Pool Re’s cover with the underlying property policy which ensures that there is no gap in the cover provided.
Pool Re was designed to insulate the taxpayer from potential financial losses arising from acts of terrorism. It has achieved this effectively, to date paying £635m in respect of 13 claims arising from certified terrorism events in the UK since our establishment. It has never called on the Government’s guarantee.
By providing foundational stability at a reinsurance level, Pool Re has created an environment for the commercial market to re-establish itself, following the market failure in 1992. This stability creates and sustains access, liquidity and confidence to generate the conditions for the private market to gradually write a growing portion of terrorism risk.
Helping UK businesses build resilience against terrorism risk is a priority for Pool Re who have developed SOLUTIONS an in-house centre of excellence created to support Members and policyholders better understand risk awareness, modelling, and management. They have also invested in a range of initiatives with Government security and intelligence agencies to provide tools such as an information sharing platform.
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