He is also Founding Director of the Risk and Insurance Studies Centre (RISC), an institutional interdisciplinary Organized Research Unit that pursues a holistic approach to researching the notion of insurance risk and the topics related to it. Dr. Furman holds a Masters Degree in Actuarial Science (with distinction) as well as a Ph.D. (Summa Cum Laude) in Probability Theory and Mathematical Statistics, both from the University of Haifa, Israel.