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For immediate release
New York Press Office: (917) 923-8245; media@iii.org

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HOUSTON and NEW YORK, June 18, 2020—The Gulf Coast & Southwest Resilience Innovation Hub’s creation was announced today by the����(Triple-I) and����and will be a key part of the Triple-I’s Resilience Accelerator initiative.

The Resilience Innovation Hub will allow private and public sector entities to collaborate and bring-to-market resilience and flood mitigation technologies. Moreover, the Hub will connect investors with governments and academic institutions while also highlighting pre-disaster mitigation success stories through a resilience portfolio and technology showcase program.��

The Innovation Hub is opening effective today at the����downtown Houston��, a venue which already houses workspaces where entrepreneurs gather as their ventures develop. The locale, also the headquarters for ResilientH20 Partners, is at 1801 Main Street, Suite 1300, Houston, Texas 77002. The Triple-I’s����initiative is aimed at reducing the impact of extreme weather events and building more resilient communities through insurance.

“As households and businesses learn from past natural disasters, especially those which struck the U.S.’s Gulf Coast, the Resilience Innovation Hub can accelerate the deployment of products, services, and projects aimed at reducing disaster-caused losses in consultation with insurance carriers and brokers,” said Dr. Michel Léonard, CBE, Vice President, Senior Economist, Triple-I and the Triple-I’s Resilience Accelerator lead.

“There has been a widespread interest in, and demand for, best-in-class actionable, alternative disaster mitigation solutions since 2017’s Hurricane Harvey and subsequent storms caused extensive insured losses to autos, homes, businesses, and governmental properties,” said Richard Seline, Managing Partner, ResilientH2O Partners. “Society����through mitigation grants funded through federal agencies and even more progress can be made on this front through further investment in pre-disaster risk mitigation.”

Nine of the 10 costliest hurricanes in U.S. history��, as defined by private-sector insured losses paid to auto, home, and business insurance policyholders and FEMA����(NFIP) payouts.

“The Cannon Tower will provide a seamless onboarding for the Resilience Innovation Hub’s activities. Houston is already home to networks which focus on issues like sustainability, green infrastructure, and smart cities,” said Remington Tonar, Chief Revenue Officer, The Cannon Startup Platform.

The Resilience Innovation Hub’s creation was announced today at the second in a series of virtual Town Halls co-hosted by the Triple-I and ResilientH2O Partners.��The session on “” focused on investing in pre-disaster risk mitigation and featured presentations by Rahel Abraham, Founder of��; Tasha Neilson, Founder of��; Tim McTigue, Director of Business Development at��; John Brinkman, CEO of��, and David Rubinstein, CEO of��. A panel discussion followed, and it included the �䲹�ԲԴDz�’s Remington Tonar; Aaron Chan, Scouting Manager at State Farm’s @Labs; and Edward Craner, Senior Vice President of Strategy and Marketing at Holt Caterpillar.

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The Triple-I has a full library of educational videos on its��. Information about Triple-I mobile apps can be found��.