Risk Maturity Index
Our proprietary risk maturity index helps clients understand their existing maturity relative to peers and guides improvement efforts.
We identify how RMS models, software, data, and services offer a solution, including an implementation plan, as well as the benefits and costs of transformation.
Portfolio Risk Review
By modeling the current book of business, we identify areas of concern or opportunities to support underwriting and business planning decisions.
Industry Segment Assessment
By assessing and benchmarking an industry that you are evaluating, we help identify any systemic issues and provide recommendations to improve the maturity of specific companies and the entire industry.
Initiating Risk Management
This initial assessment of exposure data, its impact on modeling, and recommendations for data collection and coding provide an understanding of portfolio risk and what is driving it. With clearer perspective, we help support more informed underwriting and business planning decisions.
We review your system architecture, workflows, integration, and data entry processes to assess areas where we could integrate, automate, or outsource existing tasks to reduce costs or improve efficiencies.
Ratings and Guidelines
By assessing current rating zones and underwriting guidelines, we can provide advice on improvements, including revised model-informed rating tables and underwriting guidelines to improve profitability for cat-exposed risks.
A Mature Approach to Exposure and Catastrophe Risk Management
IRB Brasil Re has a history of reinsurance market leadership in Latin America and continues to maintain that position in nine of its 11 business lines, while also growing to be among the 10 largest reinsurers in the world in market value. Looking ahead, international expansion and achieving greater efficiency across risk and exposure management processes are core to maintaining and expanding market position.
Getting Ahead of the Curve on Data Quality
Incomplete or inaccurate data assessment can bias model results. In our latest Illustrate case study, we look at how RMS worked with Securis to enhance the quality of its cedant-provided data.