Changing the Wildfire Analytics Game
The U.S. Wildfire Model quantifies the location and severity of wildfire risk beyond simple techniques for better understanding of impacts.
Granular Parameter Data
RMS wildfire models provide ultra-realistic fire footprints that address surface fuel, topographic data, weather conditions moisture, and fire suppression. Explicit ember and smoke wildfire modeling simulations capture impact beyond the perimeter.
Wildfire analytics help quantify the relative contribution of burn and smoke for more relevant coverages, portfolio management decisions, and new product opportunities.
Wildfire risk modeling delivers complete perspective of ember contribution, spatial coverage, and distribution of the hazard, particularly in house-to-house urban conflagrations.
Wildfire modeling includes 48 contiguous U.S. states with over 50,000 simulated years in an effort to ensure data, calibration, and scope address market gaps.
Gain a Single View of Risk With Wildfire Risk Modeling
Tap into the RMS North America wildfire suite to optimize risk selection, improve underwriting profit, and reduce loss ratio. With more accurate wildfire insights, you have the perspective you need to enhance pricing accuracy, achieve a stronger competitive position, and outperform. From better risk selection to risk appropriate pricing, you have the power to apply risk appetite and quantify mitigation impacts for a more complete picture.
RMS wildfire modeling gives you an on-demand view of risk to help you make better business decisions and improve capital efficiency. Whether you are looking at the technical price of an individual exposure or return period losses for your entire portfolio, you’ll have the most complete view of wildfire risk in the market. And with HD resolution analytics and IBHS building science integrated into the models, you can bring location-level risk mitigation into your development of new products.
The RMS wildfire model and related data are included in several RMS products – each tailored to serve different use cases.
RMS Releases U.S. Wildfire High-Definition Model To Empower (Re)insurers To Address Pervasive Wildfire Risk
NEWARK, Calif. - February 14, 2019 RMS, the world’s leading risk modeling and analytics firm, announces the release of the RMS U.S. Wildfire High Definition (HD) Model, the most comprehensive solution available for addressing wildfire risk across the Contiguous United States (48 States). Since 2014, devastating wildfires have unleashed more than USD $30 billion in claims and five of the 10 most destructive wildfires ever have occurred in the 2017 and…
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