RMS Named the Latin America Risk Modeler of the Year at Reactions Latin America Awards
Responding to growing demand for more sophisticated risk models and analytics in Latin America and the Caribbean, RMS extends its catastrophe modeling capabilities for the region and continues to solidify its support for local firms
NEWARK, Calif. -
May 05, 2017 -
RMS, a global risk modeling and analytics firm, announced today that it has been named Latin America Risk Modeler of the Year at this year’s Reactions Latin America Insurance and Reinsurance Awards. The award coincides with the opening of the company’s new Miami office as it continues to strengthen its risk modeling and analytics offerings for (re) insurers in the Latin America and Caribbean regions.
“We are honored to be chosen as the Latin America Risk Modeler of the Year by Reactions’ judges and the Latin America market. The award is a testament to the market’s appetite for our risk models, analytics and insight,” said regional head for Latin America at RMS, Victor Roldán. “Our commitment to the region has never been stronger. In the past year, we delivered a wealth of new risk modeling capability and insight to help our clients protect and expand their business, including the latest RMS Mexico Earthquake model and the RMS North Atlantic Hurricane models released in April 2017. We are also gaining momentum in the market with Exposure Manager and have just released our next generation modeling solution, Risk Modeler on the RMS(one) platform. And there is more to come, including our new model for Mexico Pacific hurricane which will be out in 2018.”
Each year Reactions honors the companies that have made an impact on the Latin America region. Now in its fifth year, Reactions’ has modified its awards selection process to give more emphasis to the views of the region’s industry participants, in addition to the rigorous review by a judging panel of highly respected independent industry analysts.
“Reactions is pleased to name RMS as our Latin America Risk Modeler of the Year. As a region, Latin America continues to draw the attention of the global (re)insurance industry and competition is increasingly intense. The service provider sector is no different, but in the end, it was clear our judges felt that RMS was the standout performer,” said Christopher Munro, managing editor with Reactions, part of Euromoney Institutional Investor.
RMS solutions help insurers, financial markets, corporations, and public agencies evaluate and manage catastrophe risks throughout the world. We lead an industry that we helped to pioneer—catastrophe risk modeling—and are delivering models, data, and risk management solutions on the RMS(one)® platform to transform the world’s understanding and quantification of risk through open, real-time exposure and risk management.
More than 400 insurers, reinsurers, trading companies, and other financial institutions trust RMS solutions to better understand and manage the risks of natural and human-made catastrophes, including hurricanes, earthquakes, floods, terrorism, and pandemics.