The Luxembourg Institute of Science and Technology (LIST) has partnered with global commercial insurer FM in a forward-looking research initiative targeting the growing challenges of cyber and climate risks. The collaboration reflects a broader European strategy of leveraging public research institutions to strengthen industry resilience.
This strategic partnership brings together FM’s expertise in commercial property insurance and loss prevention with LIST’s capabilities in cybersecurity, artificial intelligence, Earth observation, and digital twin technologies. The joint initiative aims to translate advanced scientific research into practical tools that help businesses anticipate and manage complex risk scenarios.
At the heart of the collaboration are two key research projects. The first focuses on cyber risk, using simulation models to map attack pathways and assess how digital intrusions affect interconnected systems. The goal is to develop response strategies grounded in real-world business environments.
The second project addresses the growing threat of climate-related business disruptions. LIST is developing a Digital Twin platform designed to replicate physical environments and model the impact of natural hazards—such as floods and wildfires—on infrastructure and operations. By integrating FM’s climate models and real-time data, the platform will provide predictive insights and visual dashboards to help businesses anticipate supply chain disruptions and mitigate the risk of operational shutdowns.
Sandor Becz, FM’s Staff Senior Vice President for Research, said the partnership supports the company’s mission to collaborate with leading scientific organisations in adapting to evolving risk landscapes.
Operating under a mutual insurance model, FM works with global clients to manage and reduce property risks. LIST, a public research institution under Luxembourg’s Ministry of Research and Higher Education, is recognised for its cross-disciplinary work in digital innovation, environmental sustainability, materials science, and space technologies.
