logo image

Advancing Your Modeling

Tap into analysis and guidance to help you get the most value from the RMS model IP and successfully implement it in your workflow.

Cat Modeling

We explore cat models to fit the needs of your business and view of risk, including detailed analysis of exposures, claims, and loss development.

Cyber

From data collection to pricing and portfolio management, we can help you effectively operationalize cyber modeling and build a more profitable business.

Life and Health

Our longevity and extreme mortality modeling tools blend best-practice actuarial techniques with medical science to help you better balance risk and capitalize on opportunities.

background service detail

Benefits

Deeper Understanding

Get a deeper understanding of a peril through education on an RMS peril model, including model methodology and validation. We’ll review exposure composition and quality, how it relates to the peril of interest, and explain model results using specific portfolio exposure data.

Validation and Implementation

Tailor adoption of a model into a workflow by establishing a best-practice model validation process. We’ll identify the appropriate focus and validation priorities, and we'll develop a custom validation plan that leverages the learnings from claims analysis and targets the appropriate level of breadth and depth to meet your business objectives.

Claims and Exposure Analysis

Study exposure and claims trends over time to confirm that the model performs well with your loss experience or demonstrate where it differs. This is especially useful for books that are not homogeneous to provide more realistic insights.

Own View of Risk

Create a custom view of risk that better suits your business to improve underwriting and portfolio management decisions. For example, the RMS Longevity Risk Model can be calibrated to your portfolio, RMS experts can design and develop specific cyber scenarios for a portfolio, or cat model results can be compared to a portfolio loss history to establish a consistent view of risk. 

Case Study

Resources

cats-brochure
Publications
Cat Models Brochure

Customize your own view of risk from any stage of modeling evolution with RMS Model Consulting. 

cyber brocheure
Publications
Cyber Brochure

Understand your global exposure to cyber risk with RMS Cyber Consulting Services

life and health brochure
Publications
Life and Health Brochure

Effectively manage your mortality risks, meet regulatory challenges, and capitalize on business opportunities with the help of RMS Consulting Services.

irb-brasil-re
Blog
Risk Maturity Benchmarking Example: IRB Brasil Re

In our previous blog post, we reviewed how RMS has developed Risk Maturity Benchmarking, a tool to help clients understand their current processes and maturity and create a blueprint for improvement tied to their business strategy. In 2017, RMS conducted a Risk Maturity Benchmarking (RMB) study for IRB Brasil Re – click here to read the full case study, to assist IRB on the implementation of their three-year transformation plan.  …

office
Blog
Risk Maturity Benchmarking: Riding the Wave of Change

Helping clients through the evolution of catastrophe modeling is a core mission for RMS Consulting. To assist in the process we have developed a tool called Risk Maturity Benchmarking, which we’ll introduce below, that helps our customers do this. Secondly, we will review an example where we have applied this framework with a client to create their own target operating model for catastrophe risk. I don’t believe we would have achieved what we have if we had…

Cyber-NotPetya
Blog
Quantify Your Silent Cyber Exposure With These Three Steps

In 2017, WannaCry infected computers in over 150 countries across the globe, taking out critical functions such as the National Health Service (NHS) in the U.K. One year later, the NotPetya cyberattack brought many household names to a standstill. The pharmaceutical giant, Merck, was reportedly the source of US$1.3 billion of total impact to (re)insurers from the NotPetya attack, 87 percent of which was considered silent exposure. These two major cyberattacks…

Contact Us

Derive the Best Value From RMS Model IP

close button
Video Title

Thank You

You’ll be contacted by an RMS specialist shortly.

RMS.com uses cookies to improve your experience and analyze site usage. Read Cookie Policy or click I understand.

close