Improve Risk Operations
Risk silos, poor data quality, and productivity bottlenecks are far too common across the insurance value chain. Evolving your risk analytics to overcome these challenges and to adapt to the new world of risk requires clear, measurable benefits, to accelerate your journey to the cloud.
The Essentials of Modern Risk Analytics
Break Down Data Silos with the Moody's RMS Unified Risk Analytics Platform
Risk Management Transformation
Revamp technology, processes, and people to improve risk management and Outperform.
Realizing the Benefits of Cloud Transformation
Risk trading decisions are complex. Often requiring teams to collaborate across different disciplines, regional and corporate departments, and lines of business using different views of risk based on different exposure data, modeling approaches, or analytical engines. Technology should help reduce this complexity, but most solutions focus on solving specific challenges for underwriting, catastrophe modeling, or portfolio management without accounting for how risk transfer decisions are made for a (re)insurer. Let’s dig into some of the common challenges arising from legacy systems and how cloud-native technology can help deliver greater value to your organization.
Asking the Right Questions
With the increased frequency and severity of catastrophe events, it has never been more challenging to achieve meaningful growth. Risk continues to grow in complexity, leaving insurers struggling to select the right technology to price risks more effectively, build a more diversified portfolio, and underwrite more business without compromising guidelines. Future-proofing your technology for the new world of risk starts with asking the right questions to help you reduce risk volatility, improve collaboration, and increase productivity. Our buyer's guides help you ask the tough questions to ensure that you’re getting the most out of your technology.
Risk Management Solutions Driving Real-World Success
See how our customers are able to improve their risk operations by rethinking their approach to risk management. By partnering with Moody's RMS, these customers have realized the benefits of our end-to-end risk management solutions, including our cloud risk platform, location intelligence, and consulting services to help them conduct more dynamic risk assessments and achieve better business outcomes.
Golden Bear Insurance Company Achieves Up to 40% Increase in Underwriting Efficiency
Golden Bear required a reconfiguration of its data ecosystem that would fully integrate and sync all platforms and support much greater process automation. See how Moody's RMS Consulting Services carried out the integration process to automate key workflows and help them improve underwriting analytics.
HX Accelerates Innovation in Catastrophe Risk Management with the Intelligent Risk Platform™
Moody's RMS partners with HX to help them realize its vision of providing the world’s clearest window into the global insurance markets and enabling smarter decision making for its clients. Migrating to the Intelligent Risk Platform provided Howden with the flexibility and scalability to respond to expanding business opportunities and shifting client demand. With means new HD models – including HD models – and Risk analytics in the cloud can be easily embedded into existing infrastructure almost instantaneously.
Hiscox Expects to double its Underwriting Capacity with RMS Location Intelligence
Legacy technology and traditional approaches limited Hiscox’s ability to be a provider of primary insurance in the U.S. market through its partner network. Hiscox revamped the technology and process used to underwrite the business- moving away from spreadsheets to an e-trading platform that could deliver high quality underwriting analytics.
Let's Talk Practice Leadership
Interested in how risk analytics in the cloud can help you ensure greater consistency of models, facilitate data movement across different systems, or improve exposure risk data management? Grab a cup of joe and hear from Moody's RMS experts as they discuss how embracing advanced technology can help address key challenges facing the industry today and into the future.
Enhanced Risk Insights
Moe Khosravy, EVP Software and Platform, discusses how the RMS cloud platform enables powerful risk insights.
Unified View of Risk
Cihan Biyikoglu, EVP, Product discusses data challenges and the importance of integrated decisions.
Make More Informed Decisions
Shaheen Razzaq, Sr. Director, Product Management discusses optimizations for the exposure management workflow.
Solutions For Different Portfolio Challenges
Oliver Morran, Director of Product Management, discusses the advantage of connected portfolio applications.
Harnessing the Power of Cloud
Lonny Bastien, Senior Director of Cloud and Risk Analytics discusses the journey to cloud.
Innovative Solutions for Your Biggest Challenges
Exposure and Portfolio Management
Experience the future of portfolio management with ExposureIQ.
Risk Modeling
Move risk management to the cloud for faster, easier risk insights with Risk Modeler.
Intelligent Risk Platform
Accelerate your digital transformation journey with a comprehensive platform.
Assess Location Risk in Seconds
Reduce underwriting overhead and make more informed decisions faster than ever.
Climate Change
Increase resilience, improve governance, and make better business planning decisions, by operationalizing climate change analytics.
News and Insights
RMS Intelligent Risk Platform™
Our vision is to make every risk known. Intelligent Risk Platform makes that future possible as the only collaborative applications and unified analytics cloud that can power risk management excellence across organizations and industries helping customers innovate and outperform.
RMS ExposureIQ: Award-Winning Application for Exposure Man...
On behalf of RMS®, I am delighted to accept the Risk Innovation of the Year award from InsuranceERM. What is so encouraging is that the judges recognized the significant innovation behind our exposure management application RMS ExposureIQ™, one of a range of applications available on the RMS Intelligent Risk Platform™. Support for Exposure Managers Exposure management is a function ripe for innovation. As a business, we took the time to fully understand the pressures that exposure managers face daily. ...
RMS HWind Hurricane Forecasting and Response and ExposureI...
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 2021 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 solutions (25 percent), data analytics (24 percent) [and...
One Year On: Getting to Work With the Risk Modeler Applica...
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 the Risk Modeler application for, and from a client...
Latest ExposureIQ: Delivering the Future of Exposure Manag...
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, informing growth strategy and looking at opportuniti...
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 COVID-19. Product innovation, addressing complianc...
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 risk response as on risk mitigation,” advises John Dr...
Risk Modeling and the Rise of Renewables
In April 2021, U.S. President Joe Biden announced a goal to halve U.S. greenhouse gas emissions by 2030 compared to 2005. Similar to many countries looking to tackle climate change, U.S. plans are reliant on expanding the use of renewable energy such as solar and wind, which in 2020 made up 21 percent of U.S. electricity generation and is expected to make up 42 percent by 2050. To scale up clean energy generation, there is a growing trend toward renewable electricity sites becoming larger in size and also mov...
ExposureIQ Makes Understanding Loss Exposures Across Insur...
What if you had a tool that could give you a more complete view of how losses flow through your entire organization – across both insurance and reinsurance? Today I’m excited to share that we’ve made this possible – in our latest release of RMS ExposureIQ™, which select customers can preview for a limited time. Manage Insurance and Reinsurance Accumulations to provide “Net of Reinsurance” numbers Getting an accurate view of how losses flow through an organization – from an insurance portfolio to a reins...
Transform Your Business with Risk Analytics
