Insure for Risk, Part 1

On 11.13.13, the Center for Architecture’s Tafel Hall was packed with notebook-wielding architects and architecture-appreciating professionals. The word “resilient” and “resiliency” buzzed throughout the conversations in the minutes before the presentations started, then the room quieted down in anticipation of the imminent flood of information on the subject of…. Insurance. That’s right, insurance. As Joan Capelin, Hon. AIA, co-chair of the AIANY Design for Risk and Reconstruction Committee (DfRR), said, “No one pays attention to this issue until there’s a tragedy,” and, more lightheartedly: “The issue of insurance is like a tea bag – you never know how strong it is until it’s in hot water.” And right now, we’re in hot water.

To best help define issues and answers on this subject, the DfRR Committee, established by AIANY to provide a forum for greater risk awareness, assembled a group of high-level specialists from the insurance and reinsurance industries, FEMA/FIMA, the Mayor’s Office of Long-Term Planning & Sustainability, and the National Institute of Building Sciences. Continue reading “Insure for Risk, Part 1”