Event Response Services

Committed to Live Risk Assessment

Building on a 20-year track record, the dedicated RMS Event Response team monitors real-time catastrophes daily to provide clients with information and products to assess the potential impact on their own portfolios.

24/7 Live Monitoring

The only catastrophe modeling firm to invest in around-the-clock operational support.

Custom Event Reconstructions

Benefit from real-time observations fed into the same engines that build our peril models, ensuring compatibility with the RMS view of risk.

Boots on the Ground

Count on engineers deployed into the field to gather key insights and crucial information that are used to inform the highest quality depiction of real-time events.

Standard Event Response

RMS clients receive standard event response products and services with their model licenses through our client portal.

Event Summaries

Get comprehensive summaries of event impact through a live dashboard of all major catastrophe events.

Accumulation Information

Identify and manage exposure concentrations to live events before, during, and after they make impact.

Loss Modeling

Quantify portfolio risk due to forecasted and live catastrophe events, including high-resolution hazard reconstructions.

Special RMS Reports

Access in-depth event insights through live webinars, industry loss reports, and reconnaissance reports.

Spotlight

Model Development Puts RMS Ahead of the Storm

“RMS employed key personnel in the field prior to a large event happening. By doing that work before the wind blew, it gave us confidence in the industry that when loss estimates were issued, that there was a range of confidence that we could feel good about.”

Josh Darr

Managing Director, Guy Carpenter

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Levels of RMS Event Response

RMS monitors events seven days a week, and as part of this monitoring, evaluates and responds to events based on predefined thresholds. At each of the five levels of response, we release additional types of information and products to clients. Activation of these levels depends on the magnitude or size of the event, the peril and region impacted, and the severity of the damage.

Hurricane Maria (2017)

Our years of studying the Puerto Rican market and building inventory enabled us to correctly capture the local risk profile and its vulnerability, both of which were missing from other market loss estimates of Hurricane Maria.

RMS overcame failures in weather observation systems during high winds through the comprehensive HWind network. We were the only modeling firm to visit the island so near to the storm’s occurrence and this provided quick and powerful validation of our modeled damage.

Typhoons Faxai and Hagibis (2019)

The Japan typhoons of 2019 again demonstrated RMS’ commitment to post-event reconnaissance. Two missions were carried out in the days following Faxai: the first examined wind damage in Chiba Prefecture and the second visited wind and coastal flood damage in Kanagawa Prefecture. RMS reconnaissance teams were on the ground within a week of Hagibis’ landfall, investigating the magnitude of the flooding and the resulting damage.