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Newark, Calif. - July 19, 2012  Professional reinsurer IRB Brasil Re has entered into a long-term agreement to license RMS' suite of models to enhance its catastrophe risk decision-making and better inform business growth with advanced analytics. The models will help IRB Brasil Re to expand and diversify its international business by quantifying risks and proactively monitoring its international exposures and aggregations. This agreement highlights the growing demand for catastrophe models in Latin America and RMS' commitment to serving this market. "Market-leading catastrophe risk management solutions will help meet our strategic objectives," said Leonardo Paixao, chief executive officer at IRB Brasil Re. "RMS has provided us with a leading platform to empower worldwide business growth, enabling us to make more informed and profitable decisions. We are extremely pleased with RMS' strong commitment to developing solutions for the Latin American market."

"RMS is pleased to form a strong and mutually beneficial relationship with IRB Brasil Re," said Jason Futers, senior vice president at RMS. "We look forward to supporting IRB's international growth and strategic commitment to risk management in Latin America and globally."

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About RMS

Risk Management Solutions, Inc. (RMS) helps insurers, financial markets, corporations, and public agencies evaluate and manage global risk from natural and man-made catastrophes, including hurricanes, earthquakes, floods, climate change, cyber, and pandemics.

RMS leads the catastrophe risk industry that we helped to pioneer by marrying data and advanced model science with leading-edge technology. Leaders across multiple industries can address the risks of tomorrow through RMS Risk Intelligence™, our open, real-time exposure and risk management platform, enabling them to tap into RMS HD models, rich data layers, intuitive applications and APIs that simply integrate into existing enterprise systems.

RMS is a trusted solutions partner enabling effective risk management for better business decision making across underwriting, risk selection, mitigation, and portfolio management.

Visit RMS.com to learn more and follow us on LinkedIn and Twitter.

Media Contacts

Matthew Longbottom

PR Lead, EU and APAC
+44 20 7444 7706 prteam@rms.com

Devonne Cusi

PR Lead, Americas
+1 551 226 1604 prteam@rms.com
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