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Insurance Solutions

Formerly Moody’s RMS

BERMUDA – November 21, 2023 – Redline Underwriting, a Lloyd’s coverholder specialty underwriting firm, has entered into a long-term agreement with Moody’s RMS®, the leading risk modeling and solutions company, to adopt the Risk Modeler™ application available on the Moody’s RMS Intelligent Risk Platform™ (IRP).

The use of Risk Modeler will allow Redline to have more streamlined processes, creating a workflow from account underwriting all the way through to portfolio management, aggregation, and reinsurance cat treaty analysis. Moody’s RMS will work closely with Redline to help onboard the platform and application and to train their team on implementing the application in-house.

The agreement will also allow Redline to continue to expand in the Latin American market as well as invest in new locations, making the arrangement a true strategic partnership.

Adriana Cisneros, Head of Underwriting at Redline, said: “This represents a significant step for Redline as a startup MGA. Engaging in a cat modeling capability at such an early stage underscores our unwavering commitment to offering the best underwriting platform to our capacity providers. Implementing the IRP will improve our understanding of underwriting criteria for placing profitable business and end-to-end workflow for account-level metrics. It will also allow us to set up successful streamlined processes for managing accumulation and portfolio management.”

Mike Richitelli, Global Head of Sales, Moody’s RMS, said: “Redline’s careful management of their portfolio by analyzing risk profiles in depth, will be further optimized using Risk Modeler on the Intelligent Risk Platform. This application will further enhance their market knowledge and their closeness to partners as we work to provide them with valuable insights that align with their underwriting goals. We look forward to working with them to further drive their underwriting excellence across the Latin American region.”


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About Moody's RMS

Moody’s RMS shapes the world’s view of risk for insurers, reinsurers, financial services organizations, and the public sector, with Moody’s RMS models underlying the nearly $2 trillion USD Property & Casualty industry. Moody’s RMS empowers organizations to evaluate and manage global risk from natural and man-made catastrophes, including hurricanes, earthquakes, floods, climate change, cyber, and pandemics.

Moody’s RMS helped pioneer the catastrophe risk industry, and continues to lead in innovation, unmatched science, technology, and 300+ catastrophe risk models. Organizations can address the risks of tomorrow with the Intelligent Risk Platform™, the only open cloud with collaborative applications and unified analytics that can power risk management excellence.

Further supporting the industry’s transition to modern risk management, in 2020, Moody’s RMS spearheaded the Risk Data Open Standard (RDOS), a modern, open-standard data schema designed to be an extensible and flexible asset within modeling/analysis systems.

In 2021, Moody’s Corporation acquired Risk Management Solutions, Inc. and as part of Moody’s Analytics, Moody’s RMS serves the P&C insurance industry as the leading provider of expertise, science, and technology in integrated risk. A trusted solutions partner, Moody’s RMS enables effective risk management for better business decision-making across risk identification and selection, mitigation, underwriting, and portfolio management.

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

© 2023 Risk Management Solutions, Inc. and/or its affiliates and licensors (“Moody’s RMS”). All rights reserved. All names, logos, and icons identifying Moody’s RMS and/or its products and services are trademarks of Risk Management Solutions, Inc. and/or its licensors or affiliates. Third-party trademarks referenced herein are the property of their respective owners.

RMS is a subsidiary of Moody’s Corporation (NYSE: MCO) and operates as part of the Moody’s Analytics business segment. Moody’s Analytics is operationally and legally separate from the Moody’s Investors Service credit rating agency.

Media Contacts

Matthew Longbottom

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

Haggie Partners

PR Lead, Americas
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