RMS is rolling out the biggest pipeline of products in our history this year, with no signs of slowing in 2017. It’s not just the wide range of regions and perils, it’s also about introducing change environments such as portfolio management with RMS(one) to make decision making easier for our customers when incorporating new views of risk. It is vital that our customers can quickly adopt and then benefit from a great user experience with these solutions, to make a positive impact within their businesses.
It’s this combination of explaining new model developments and the ways to adopt new views of risk that we will be focusing on in 60+ sessions at Exceedance. Even if you know what’s coming up with RMS from a high-level perspective, with a team of over fifty scientists and modelers at Exceedance, we will help to place everything together – perils, regions, and deployment – to benefit everyone within a team managing risk. To illustrate, let’s just take three of the main perils that we will cover and list some of the highlights:
We will open the books on the science behind the 2017 North America Earthquake Model update, and share insight into the scope of enhancements across all model components. We explore the implementation of new maps such as the latest U.S. National Seismic Hazard maps, soil modeling and soil amplification through to geotechnical and vulnerability changes. We will also provide details around our updated liquefaction model through to business interruption and the effect of earthquake sub-perils, such as fire-following and sprinkler leakage.
Research driving the next RMS North Atlantic Hurricane Models update will also be revealed. Learn about the latest insights into the next RMS Medium-Term Rates (MTRs) forecast as we discuss our research in the context of current views within the scientific community. We will also discuss the work RMS is doing to better understand forecast sensitivities and to validate the MTRs ahead of the 2017 model update.
And from the U.S., Asia to Europe, it’s the complete picture at Exceedance, starting from flood peril model fundamentals, including event generation and vulnerability modeling through to the data products they inform, such as flood maps and peril rating databases.
Our solutions for managing North American and European flood risk will be explained, such as using high-resolution hazard maps and data for better pricing and portfolio management, plus many new developments, such as tackling industrial flood risk, flood defenses and real-time climate hazard modeling advances.