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NEWARK, Calif. - April 23, 2015 RMS®, the world's leading catastrophe risk management firm, today announced it has hired two key leaders, giving RMS unrivaled technology expertise as it builds new products for the global insurance industry and strengthens the firm's position in Silicon Valley.

Eric Yau joins RMS as general manager of software and Peter Eidelman joins as CFO; both will report to Hemant Shah, RMS co-founder and CEO.

“RMS was founded in Silicon Valley and the spirit of the Valley is in our DNA; following the recent hire of Chief Technology Officer Cory Isaacson, expanding our leadership team with Eric and Peter reaffirms our commitment to RMS(one)® and further infuses tech into our company and culture," said Hemant Shah, co-founder and CEO, RMS.

Eric Yau, general manager, software: Yau will serve as the senior product executive for software and platform products, including RMS(one)® and RiskLink®. He brings experience with startups as well as technology stalwarts such as BMC, Cognos, SAS Institute and IBM.

Peter Eidelman, CFO: Prior to RMS, Eidelman helped Intermolecular, a science-based technology company, through its initial public offering. He was also the CFO for C3 Energy, Cellon and Sunrise Telecom, among other roles.

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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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