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NEWARK, Calif. - September 25, 2017  RMS, a leading global risk modeling and data analytics firm, today announced the appointment of Dr. Pete Dailey as vice president to lead flood model development in its California headquarters.

Dailey, an expert in climate catastrophe model development and analytics, has over 15 years of industry experience. As vice president, he will oversee the upcoming release of the RMS U.S. Inland Flood Model®, set to launch in spring 2018. Dailey will also lead the development of innovative modeling tools for improved risk management before, during and after a climate event.

Peter Ulrich, head of the model management team said, “Pete brings a deep understanding and expertise of natural catastrophes to the model management team. As the leader of our highly anticipated U.S. Inland Flood Model, his knowledge of this peril, and the risk management challenges it presents to the insurance industry, will be central to informing the implementation and technical understanding of our clients.”

Dailey joins RMS from consultancy firm Urban Enterprise Partners Inc., where, as founder, he provided custom modeling solutions and analytics to insurance, reinsurance and NGO clients. Previously, he was senior vice president at Verisk Climate and vice president at AIR Worldwide. He led model research and development for catastrophic tropical cyclones, winter storms, severe thunderstorms and storm surge, and he contributed to the development of emerging risk models for perils such as wildfire, cyber terrorism and inland flood.

Pete Dailey, vice president, said, “RMS is known as a leading catastrophe modeler and analytics firm for good reason. The team is rich in skill and experience, and the models and software solutions are first-in-class. Next year’s launch of the U.S. Inland Flood Model signals the single largest model development project in the more than 25-year history of RMS. I’m thrilled to join the model product management team, and I look forward to contributing to the development of the company’s innovative risk management tools and bringing the new U.S. flood model to market.”

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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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