The democratizion of risk data is a core mission for RMS; to provide relevant, timely risk insight to everyone who needs it, designed for every role in the business, from those on the frontline of underwriting, through to those responsible for the entire portfolio. Delivered through simple, elegant applications, by ensuring relevant data gets to every area of a business you can build empowered teams that can take effective decisions.
SiteIQ is a great example of this data democratization in action. This application pulls property results from RMS catastrophe models – and supported by qualified third-party data such as crime scores and fire protection measures, it provides an understanding of which hazards are applicable for each location at the point of risk-selection. Risk scores from one to ten, red-amber-green referral advice, high resolution hazard maps, and loss cost data – is all delivered in seconds.Continue reading