The Potential for Synergy Between Certification and Insurance
• SEI Report
Publisher
Software Engineering Institute
Abstract
Because of their affordability and availability, reusable software components have long been a tantalizing IT investment. However, the risks associated with uncertainties about technical attributes and lack of protection against undesirable behaviors often deters their adoption. Certification and insurance are potential approaches to managing these risks. Probabilistic certification and insurance base their predictions and products on similar kinds of data; this offers the prospect of consistency (by using the same data for both) and cost-effectiveness (by reusing the data). The combined benefits of the two methods in the form of risk reduction and lowering of variance may make software reuse investments more attractive to risk-averse companies.
Cite This SEI Report
Li, P., Shaw, M., Stolarick, K., & Wallnau, K. (2002, April 1). The Potential for Synergy Between Certification and Insurance. Retrieved September 14, 2026, from https://www.sei.cmu.edu/library/the-potential-for-synergy-between-certification-and-insurance/.
@techreport{li_2002,
author={Li, Paul and Shaw, Mary and Stolarick, Kevin and Wallnau, Kurt},
title={The Potential for Synergy Between Certification and Insurance},
month={Apr},
year={2002},
institution={Software Engineering Institute, Carnegie Mellon University},
url={https://www.sei.cmu.edu/library/the-potential-for-synergy-between-certification-and-insurance/},
note={Accessed: 2026-Sep-14}
}
Li, Paul, Mary Shaw, Kevin Stolarick, and Kurt Wallnau. "The Potential for Synergy Between Certification and Insurance." Software Engineering Institute, Carnegie Mellon University. Software Engineering Institute, April 1, 2002. https://www.sei.cmu.edu/library/the-potential-for-synergy-between-certification-and-insurance/.
P. Li, M. Shaw, K. Stolarick, and K. Wallnau, "The Potential for Synergy Between Certification and Insurance," Software Engineering Institute, Carnegie Mellon University. Software Engineering Institute, 1-Apr-2002 [Online]. Available: https://www.sei.cmu.edu/library/the-potential-for-synergy-between-certification-and-insurance/. [Accessed: 14-Sep-2026].
Li, Paul, Mary Shaw, Kevin Stolarick, and Kurt Wallnau. "The Potential for Synergy Between Certification and Insurance." Software Engineering Institute, Carnegie Mellon University, Software Engineering Institute, 1 Apr. 2002. https://www.sei.cmu.edu/library/the-potential-for-synergy-between-certification-and-insurance/. Accessed 14 Sep. 2026.
Li, Paul; Shaw, Mary; Stolarick, Kevin; & Wallnau, Kurt. The Potential for Synergy Between Certification and Insurance. Software Engineering Institute. 2002. https://www.sei.cmu.edu/library/the-potential-for-synergy-between-certification-and-insurance/