Business Services Industry
RenaissanceRe and Partners Open "StormStruck™" at INNOVENTIONS at Epcot®
Business Wire, August 26, 2008
PEMBROKE, Bermuda -- RenaissanceRe Holdings Ltd. (NYSE: RNR), its U.S. affiliate WeatherPredict Consulting Inc. and partners the Federal Alliance for Safe Homes, Inc. - FLASH[R], Simpson Strong-Tie and State Farm today opened "StormStruck: A Tale of Two Homes[TM]", a new exhibit at INNOVENTIONS at Epcot[R] at the Walt Disney World[R] Resort.
Visitors to "StormStruck[TM]" can now experience the power of a weather event, while learning how to make their homes safer from rain, hail, high winds, lightning and more, through exhilarating special effects and interactive audience participation. In addition, "StormStruck[TM]" includes a post-show information area to raise awareness about weather risks, mitigation research, and recommendations. "StormStruck: A Tale of Two Homes[TM]" is located in INNOVENTIONS East, in the heart of Epcot[R].
Neill Currie, President and CEO of RenaissanceRe Holdings Ltd., said: "Our goal has always been to offer innovative and creative solutions for the risks facing our clients and the communities they serve. Our participation in this exhibit at Epcot[R] allows us to meet this objective in an exciting new way. Through "StormStruck[TM]", we have a unique opportunity to inform many homeowners directly, in an impactful and entertaining way, about their weather-related risks and the mitigation methods available to them. We are proud to join our fellow sponsors in this ground-breaking initiative, which we believe will communicate to millions of people simple and effective ways to make their homes and families safer."
RenaissanceRe is committed to researching and developing risk mitigation techniques and raising awareness of the benefits of effective risk mitigation. The organization believes that fostering safer, more weather-resistant communities will not only contribute to reducing insurance premium costs over time, but will also ultimately save lives. In addition to "StormStruck[TM]", the company's current mitigation initiatives include the RenaissanceRe Wall of Wind, a state-of-the-art testing facility that simulates the effects of hurricanes on full-scale buildings to improve housing construction practices and identify effective mitigation techniques, and the Company's Hurricane Risk Mitigation Leadership Forum series of educational public policy events, which bring together academics, scientists, and other public and private sector representatives to advance hurricane risk mitigation efforts and awareness.
About:
RenaissanceRe
RenaissanceRe Holdings Ltd. is a leading global provider of reinsurance and insurance. Our business consists of two segments: (1) Reinsurance, which includes catastrophe reinsurance, specialty reinsurance and certain joint ventures and other investments managed by our subsidiary RenaissanceRe Ventures Ltd., and (2) Individual Risk business, which includes primary insurance and quota share reinsurance. RenaissanceRe is recognized for excellence in the industry through disciplined underwriting, capital management expertise, sophisticated risk modeling and responsive client service.
WeatherPredict Consulting Inc.
WeatherPredict Consulting Inc. is a U.S. affiliate of RenaissanceRe that models atmospheric hazards and their impact on property exposures to create superior risk analytics for businesses. WeatherPredict's team of advanced scientists draws upon expertise in oceanography, meteorology, wind engineering, aerodynamics and computer simulation. In addition, WeatherPredict Consulting Inc. helps lead RenaissanceRe's hurricane risk mitigation efforts.
INNOVENTIONS at Epcot[R]
INNOVENTIONS is located in the heart of Epcot[R] at the Walt Disney World[R] Resort in Lake Buena Vista, Florida. Creativity and imagination abound as guests celebrate, inspiration and the innovations that improve their lives and expand their horizons. Hands-on, interactive exhibits allow children and adults to be immersed into ideas that inform, entertain and inspire. For more information, visit www.innoventions.disney.com or contact Stacia Wake at 407-560-1816 or Stacia.L.Wake@disney.com
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