Whether you are a start-up looking to build analytics capability or a global organization with a mighty team of analysts, RMS AS can add a new dimension to your operations.
Effective catastrophe risk modeling requires accurate, quality data using robust processes from data formatting, engineering to geocoding. Erroneous data risks misinterpreting the effect cat events have on your exposure.
With a 99.7 percent data acceptance rate, and up to 75 percent faster than in-house, RMS Analytical Services manage client data from location schedule input, formatting, geocoding through to quality assurance. Just “Plug-and-Play” where required.
In-house analytics teams need support. Working overloaded or too much routine work sees quality fall. Supporting new business areas also requires time and resource.
Limited capability to analyze new perils, areas or regions, missed deadlines, missed opportunities, all impact your business. Over 90 clients use RMS Analytical Services to support their analytics operations, from quick turnaround, ad-hoc assignments to complete analytics provision.
Rapid adoption of new perils or region risk models delivers business growth for (re)insurers. RMS AS can quickly extend your modeled risks, expand writing of cat-exposed business, and manage peak volumes.
With 300 analysts experienced with all RMS models and best practice, RMS AS assists one in three current RMS clients, from in-house support through to new end-to-end turnkey modeling operations.
Demands for regulatory and rating agency reporting, event response, and portfolio roll-ups are increasing. More frequent, robust roll-ups can all throw an in-house team off course. Continual event loss estimate revision erodes team and client confidence.
RMS AS "plugs-in" to your regulatory reporting, event response, roll-ups and more. Using best practice, RMS AS helps you focus on business growth rather than routine reporting.