A new report from Guy Carpenter, Marsh & McLennan Advantage, and the Wharton Risk Management and Decision Processes Center, Community-Based Catastrophe Insurance: A Model for Closing the Disaster Protection Gap, sets out an innovative model to deliver insurance and help communities close the disaster protection gap. The report highlights the importance of probabilistic catastrophe modeling and reinsurance program development. Andy Read, Vice President, Guy Carpenter, and Christopher Sykes, Managing Director, Guy Carpenter, are among the authors of the report.