IUCRC Proposals for Research and Thought Leadership on Insurance Risk Modeling and Underwriting Related to Terrorism and Catastrophic Cyber Risks
NSF supports IUCRCs to advance collaborative research in terrorism and catastrophic cyber insurance modeling, fostering innovation and risk analysis to strengthen U.S. financial system resilience.
Funder: U.S. National Science Foundation
Due Dates (Anticipated): September 2026 (Planning Grant preliminary proposal) | December 2026 (Full proposal target date) | March 2027 (Planning Grant preliminary proposal) | June 2027 (Full proposal target date)
Funding Amounts: Planning Grants up to $20,000 for 12 months; IUCRC Phase I and II awards typically fund 5 years each, amounts vary by center size and membership.
Summary: Supports IUCRCs to advance research and innovation in terrorism and catastrophic cyber insurance modeling and underwriting, fostering collaboration to strengthen the U.S. financial system.
Key Information: This is a forecasted opportunity; all dates are projected and subject to official NSF updates.
Description
This program supports the formation of Industry-University Cooperative Research Centers (IUCRCs) focused on advancing pre-competitive, use-inspired research and thought leadership in terrorism and catastrophic cyber insurance modeling and underwriting. The goal is to stimulate research that develops best practices, tools, and methodologies to help insurers, governments, and stakeholders better predict, model, and insure against terrorism and catastrophic cyber risks. The initiative is a joint effort between the NSF and the U.S. Department of the Treasury Federal Insurance Office, encouraging collaboration between academia, industry, and government to address challenges such as limited historical data, high-loss potential, and the need for improved risk estimation. The ultimate aim is to strengthen the resilience of the U.S. financial system through innovative research and the development of new analytical tools and technologies.
