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The year 2021 will go down in history as a challenging one for the insurance industry, another in a stretch of years dating back to 2017 that brought game-changing events that altered our understanding of natural catastrophe risk.
As a result, the RMS approach to event response continues to evolve. Building on our work from last year, where pandemic lockdowns curtailed our usual on-the-ground event reconnaissance, the deployment of machine learning and artificial intelligence algorithms continues apace, providing significant scale to our surveying operations and footprint validation.
Integration of RMS Event Response service with the ExposureIQ™ application is just the first step in delivering a superior event response experience within the RMS Intelligent Risk Platform™. And as we move through 2022, RMS wants to go further for clients, providing actionable event insights to quickly understand potential losses and to understand the evolution of catastrophes in real time.
Download the new RMS 2021 Catastrophe Review: Executive Summary which provides context and analysis of the year’s most notable industry events – and key insights we can carry into the years ahead.