Insight Catastrophe Solutions and RMS Partner To Provide Integrated Underwriting Service

Newark, Calif. – August 20, 2007 – Insight Catastrophe Solutions and Risk Management Solutions (RMS) today announced a new joint service to provide underwriting support to managing general agents (MGAs), retail agents and brokers, and other risk consultants. The service offers clients direct access to RMS catastrophe model output, combined with advanced analytics developed by Insight, to help them accurately analyze and underwrite U.S. property exposures.

“There is now greater awareness of the need for better differentiation and risk selection of properties in catastrophe-exposed areas,” said Matthew Grant, RMS Chief Markets Officer. “MGAs are under pressure from their carriers to demonstrate deeper understanding and analysis of catastrophe risk when evaluating and underwriting new business.”

RMS models, which provide accurate assessments of potential losses from earthquake, hurricane and tornado/hail events, are used extensively by the insurance and reinsurance market for pricing and portfolio management. Insight brings RMS modeling information into an underwriting context by generating financial metrics such as profitability, capital requirements and accurate pricing levels for various risks. The new platform offers real-time, Web-based access to this advanced underwriting information.

Extending both firms’ capabilities to this market reduces the need for organizations to have in-house modeling expertise by providing them with direct, cost-effective input into catastrophe analysis and underwriting decisions.

“We are pleased to join RMS in providing risk consultants with easy access to our unique suite of catastrophe risk management tools,” said Terrence McLean, President and Chief Operating Officer of Insight. “Putting our advanced, comprehensive risk management tools into the hands of those responsible for transacting the business gives them the power to improve rate accuracy and risk selection like never before.”