Insights to Better Assess Risk
For over 30 years, RMS has led the way in transforming the catastrophe risk industry, helping organizations make better decisions to improve human and environmental outcomes. By combining proven modeling science with powerful advances in technology, RMS Risk Intelligence solutions enable clients to better assess risk and reduce uncertainty.
“RMS is focused on leading science and technology to better manage risks on the cloud platform because many of today’s solutions aren’t enough to manage the future, more complex risk landscape. Leveraging a cloud-native architecture, our cloud platform Risk Intelligence has been widely adopted by clients who are seeking faster analytics to help make better decisions to increase profitability. The time is over for siloed data, siloed systems, and siloed thinking. Since its launch in 2019, our cloud platform has continued to deliver higher performance and scale – reducing the total cost of ownership with no hardware or software to maintain.”
Analytics, Experts, and Coffee
RMS solutions support multiple roles across each business to continue to drive profitability and growth.
Enhanced Risk Insights
Moe Khosravy, EVP Software and Platform, discusses how the RMS cloud platform enables powerful risk insights.
A Single Unified View of Risk
Alisha Fazo, Director of Product Management, talks about the importance of a single unified view of risk.
Solutions For Different Portfolio Challenges
Oliver Morran, Director of Product Management, discusses the advantage of connected portfolio applications.
Make More Informed Decisions
Shaheen Razzaq, Sr. Director, Product Management discusses optimizations for the exposure management workflow.
Unified View of Risk
Cihan Biyikoglu, EVP, Product discusses data challenges and the importance of integrated decisions.
Harnessing the Power of Cloud
Lonny Bastien, Senior Director of Cloud and Risk Analytics discusses the journey to cloud.
Full Holistic View of Risk
Ashley Bernero, Senior Product Manager discusses the importance of being able to understand complete exposure.
Risk Intelligence for Tomorrow’s (Re)Insurers
Be forward thinking and future ready. Rethink how you use technology, people, and processes to powerfully improve your business performance. Digital transformation is at the heart of advancing operations and opening new business possibilities.
Customer Success Story: When the Minutes Matter Most
A specialist Lloyd's Syndicate used RMS ExposureIQ™ to reduce its terrorism analytics lifecycle from three days to just three hours while improving exposure management capabilities and ramping up event response.
Understand how ExposureIQ can facilitate faster, more informed, profitable decisions.
Customer Success Story: Top-10 Global Reinsurer Achieves Single-Source Consistent Data
A global reinsurance company operating a proprietary model framework wanted to optimize its data environment. RMS collaborated with the reinsurer to create a fully harmonized data environment that is built upon a single view of risk and enabling on-demand data analysis.
Learn About Making Powerful Data-Driven Decisions
Leverage structure-based modeling and analytical tools, including intelligent model processing and big data query capabilities.
Achieve your target portfolio by utilizing the advanced, customizable pricing and portfolio roll-up analytics direct to the property catastrophe underwriter.
Location Intelligence API
Gain better underwriting perspective with instant access to the world’s best catastrophe insights.
Manage your entire book of business more efficiently and accurately than ever before with this purpose-built solution for analyzing exposure concentrations.
Assess a location’s risk to multiple perils in seconds with this application grounded in third-party insights.
RMS HWind Hurricane Forecasting and Response and ExposureIQ: Exposure Management Without the Grind
Accessing data in real-time to assess and manage an insurance carrier’s potential liabilities from a loss event remains the holy grail for exposure management teams and is high on a business’ overall wish list A recent PwC Pulse Survey of U.S. risk management leaders found that risk executives are increasingly taking advantage of “tech solutions for real-time and automated processes, including dynamic risk monitoring (30 percent), new risk management tech…
One Year On: Getting to Work With the Risk Modeler Application
Making the shift to cloud-based risk modeling and analytics sounds dramatic, a fundamental change for the (re)insurance industry from the familiar to a whole new world. But this whole new world is already here. From an RMS® perspective, some of our clients have been using the Risk Modeler™ 2.0 application on our open, cloud-based risk analytics platform RMS Risk Intelligence™ for over a year now. What has their experience been, what are they using…
Latest ExposureIQ: Delivering the Future of Exposure Management
I recently saw a presentation by the U.K.’s Institute and Faculty of Actuaries (IFA) discussing a survey where 28 percent of respondents rated their current exposure management tools as poor; only 61 percent rated them adequate. The survey also recognized two vital aspects of exposure management. On one side, identifying and minimizing losses through daily portfolio management and timely quantification of potential cat event losses. On the other side,…
Risk Modeler: Bringing You Closer to One View of Risk
Analyzing recent insurance industry outlooks, such as the 2021 Insurance Outlook published by Deloitte just before the start of the year, a core theme emerges. The industry is looking to speed up its push towards digital transformation. From migration to the cloud to investment in data analytics, 95 percent of those surveyed were already accelerating or looking to speed up their digital transformation plans. One driver was to build operations resilience after…
Insurance: The next 10 years
Mohsen Rahnama, Cihan Biyikoglu and Moe Khosravy of RMS look to 2029, consider the changes the (re)insurance industry will have undergone and explain why all roads lead to a platform Over the last 30 years, catastrophe models have become an integral part of the insurance industry for portfolio risk management. During this time, the RMS model suite has evolved and expanded from the initial IRAS model — which covered California earthquake — to a…
This Changes Everything
At Exceedance 2020, RMS explored the key forces currently disrupting the industry, from technology, data analytics and the cloud through to rising extremes of catastrophic events like the pandemic and climate change. This coupling of technological and environmental disruption represents a true inflection point for the industry. EXPOSURE asked six experts across RMS for their views on why they believe these forces will change everything Cloud Computing: Moe…
The Data Difference
The value of data as a driver of business decisions has grown exponentially as the importance of generating sustainable underwriting profit becomes the primary focus for companies in response to recent diminished investment yields. Increased risk selection scrutiny is more important than ever to maintain underwriting margins. High-caliber, insightful risk data is critical for the data analytics that support each risk decision The insurance industry is in a…
A Solution Shared
The Risk Data Open Standard is now available, and active industry collaboration is essential for achieving wide-scale interoperability objectives On January 31, the first version of the Risk Data Open Standard™ (RDOS) was made available to the risk community and the public on the GitHub platform. The RDOS is an “open” standard because it is available with no fees or royalties and anyone can review, download, contribute to or leverage the RDOS…
The Future of Risk Management
(Re)insuring new and emerging risks requires data and, ideally, a historical loss record upon which to manage an exposure. But what does the future of risk management look like when so many of these exposures are intangible or unexpected? Sudden and dramatic breakdowns become more likely in a highly interconnected and increasingly polarized world, warns the “Global Risks Report 2019” from the World Economic Forum (WEF). “Firms should focus as much on…
Transform Your Business with Risk Analytics