Associate Research Department Director, Research Residents and Specialists; Senior Policy Researcher; Professor of Policy Analysis, RAND School of Public Policy
She/Her
Noreen Clancy is a senior policy researcher at RAND and a professor of policy analysis at the RAND School of Public Policy. She studies issues at the intersection of disaster risk, insurance markets and resilience efforts. She is a recognized national expert in climate resilience and disaster insurance, has expertise related to flooding and flood insurance, and has studied earthquake and wildfire insurance, and terrorism risk insurance. She has studied post disaster events and the right balance of risk sharing across federal, state, and local governments. She has also explored the extent to which the public sector can transfer some of that risk to the private sector in the form of insurance or other financial instruments such as catastrophe bonds. She has explored financial products that would enhance the financial resilience of communities and individuals to withstand natural disasters. She recently co-led a team that studied cost benefit analysis of pre-disaster mitigation grants to communities and states.
Clancy has a research focus on financial services, specifically the legal and regulatory challenges posed by cryptocurrencies, blockchain technologies and the impact of AI on the financial services sector. She recently participated in a study exploring the future of corporate cryptocurrency and the risks of AI on the financial services sector. Her earlier financial services research included coauthoring a study of hedge funds and systemic risk, examining the regulatory structure of broker dealers and investment advisors for the SEC and evaluating how assets are valued (historical cost vs. mark-to-market accounting).
M.S. in environmental science and policy, The Johns Hopkins University; B.A. in criminology and law, University of Florida
