Risk Modeler 2.0
Quickly unlock insights and improve real-time decision-making with cloud risk modeling software that combines innovative catastrophe models, efficient modeling workflows, and tools to get behind the model numbers.
Moody's Risk Modeler
Unlock insights for optimized decision making, to price risk with confidence and build diversified portfolios.
Risk Modeler winter release: unlock cat modeling productivity with new workflow enhancements
Make faster, more accurate risk decisions across the insurance value chain
Unlock modeling performance
To improve underwriting, risk transfer, and pricing decisions in an increasingly challenging market, (re)insurers need modeling software that delivers faster analytics, deeper insights, and more efficient workflows. That’s the advantage of establishing Risk Modeler™ as the foundation of your interconnected risk lifecycle.
Unlock deep risk insights
Better understand drivers of risk with greater modeling transparency, flexibility, and customization.
Unify modeling across vendors and platforms
Decrease expense ratios, increase productivity, and improve risk insights with third-party modeling.
Increase business agility
Build new digital workflows and meet evolving business requirements with cloud-native architecture.
Customer spotlight
Transforming client services with the Intelligent Risk Platform
Having current version models and an older version model side by side without having to change an installation location really helps with productivity and really helps streamline the entire process of communicating change management to our clients.
Dan Zitelli
Senior Vice President - Co-Head of Catastrophe Modeling, Holborn
Korean Re enhances risk analysis with Moody’s RMS Risk Models across Europe and Asia
Korean Re started operations in 1963, and 2023 marks the sixtieth anniversary of the business. After six successful decades, we begin a new chapter in our corporate history to challenge ourselves and change the world by constantly seeking internal innovation in a manner that increases our positive impact on the world around us.
Moody's and Tokio Marine Holdings, Inc. to expand and deepen global commercial partnership with Risk Modeler
"Moody's has been an important strategic partner for many years and has consistently demonstrated its commitment to investing in better science and technology for the insurance industry. We look forward to continuing and deepening this partnership over the years to come."
HX, Howden's Data, digital and analytics' division, builds next generation platform for risk innovation with Risk Modeler
"If you use a tennis analogy, HX is creating the best data court in the industry, and we are inviting those market players who can truly perform for our clients to play on it — Moody's is one."
Why customers choose Risk Modeler
Designed with a deep understanding of customer requirements and leveraging the latest technological innovations, Risk Modeler™ easily integrates with other on-premises applications as well as other cloud applications through open APIs and export services, giving customers greater flexibility and choice.
Model change management
Risk Modeler helps accelerate model change management, enabling you to validate new models faster, with fewer resources and less effort, and at a lower cost. Conversely, firms reliant on on-premises environments for model validation will often find themselves entangled in an arduous change management process. Let’s dig into how Risk Modeler addresses some of the most common model change management challenges (re)insurers face.
Model composer
Minimize, streamline, and control risk customizations with simplified model builder services dedicated to deploying your own view of risk into multiple workflows.
Unified modeling with Risk Modeler
Analyze, blend, and group results across multiple vendors to better price, select, and transfer interconnected risk across perils, geographies, and lines of business. Risk Modeler and the Moody’s Intelligent Risk PlatformTM provides the necessary services to enable users to import and transform multiple data schemas, including Catastrophe Exposure Database Exchange (CEDE), Open Exposure Data (OED), Open Results Data (ORD), into Exposure Data Modules (EDM) and Results Data Modules (RDM), the main code is for the top-level perils.
Data bridge
As the gateway to robust risk models and in-depth data, the Intelligent Risk Platform™ offers a global view of risk by bringing together excellence in science, modeling, and beyond.
Data Bridge offers current RiskLink® clients the ability to move existing first and third-party system integrations to Risk Modeler 2.0. Clients can keep workflows that require the ability to execute existing or ad hoc T-SQL queries against Exposure Data Module (EDM) databases used by Risk Modeler. Data Bridge also supports hosting Results Data Module (RDM) and custom databases to facilitate workflows that query across databases in the same environment.
Enhanced Risk Data
As a leading provider of probabilistic modelling solutions for the insurance industry, Moody’s is uniquely positioned to provide robust and comprehensive data and analytics that support and complement catastrophe modelling decisions. The Enhanced Risk Data within Risk Modeler provides users with access to location level exposure data to plug gaps in understanding of location-level building attributes, rich scientific hazard data and risk scoring to contextualize model results, better understand the portfolio make up and fill gaps in model availability.
Risk Modeling application: Buyer’s guide
Choosing a risk software that fits your unique needs can be challenging. The Moody's Risk Modeling Application Buyer’s Guide will help you ask the tough questions about modeling capabilities, business integration tools, and risk fundamentals so that your business can outperform.
Analytics, experts, and coffee
Moody's solutions support multiple roles across each business to continue to drive profitability and growth.
Innovative solutions for your biggest challenges
Exposure and portfolio management
Experience the future of portfolio management with ExposureIQ.
Learn more
Primary underwriting
Enhance the speed and quality of underwriting analytics with UnderwriteIQ.
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Intelligent Risk Platform
Accelerate your digital transformation journey with a comprehensive platform.
Learn more
Treaty analysis
Turn underwriting expertise into superior pricing and returns with TreatyIQ.
Learn more
Assess location risk in seconds
Reduce underwriting overhead and make more informed decisions faster than ever.
Learn more
Climate change
Increase resilience, improve governance, and make better business planning decisions, by operationalizing climate change analytics.
Learn more
Unify risk management
A great model or a single app can only get you so far. Industry leaders understand that improving risk management requires an ecosystem of consistent and correlated insights that transcend technology. Learn how Moody’s is helping (re)insurers overcome common challenges, such as unwanted risk silos, poor data quality, and productivity bottlenecks. With a trusted data repository, collaborative applications, and open APIs, the Moody’s Intelligent Risk Platform can help unify your risk management.
Resources
Persistent La Niña Conditions Aggravate Drought-Associated...
Southern Brazil was impacted by drought conditions during the 2021–22 growing season, which resulted in harvest failures for major cash crops such as soybean, first-season corn, and wheat. This delivered both significant losses for the insurance industry and a year-on-year reduction in Brazil’s agricultural GDP by eight percent in the first quarter of 2022. What were the main factors driving these losses, how often can we expect such conditions, and what might we expect in forthcoming years? Weather...
The Impact of Inconsistent Financial Modeling on Risk Pric...
Most (re)insurers rely on an assortment of tools from a variety of vendors to support various business functions and subsequent workflows. From risk selection, underwriting, and pricing through to event response, portfolio, and capital management – all have different data and analytics needs. However, one constant across all these functions is the need to capture and account for details within legal contracts. The risk ultimately held and managed by an insurer lies within the stacks of primary policies, facu...
Risk Modeler Winter Release: Unlock Cat Modeling Productiv...
A recent report from Accenture entitled The Cloud Imperative for Insurance, stated that "… 10 percent or less of the overall insurance industry’s workload is currently running on public cloud platforms. That leaves most insurers without the cost and scalability benefits the public cloud offers and falling behind industry leaders.” In the last 12 months, a great number of brokers, insurers, and reinsurers across all major regions, from Asia and the Americas to Europe, have realized the performance and scalabi...
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...
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...
Risk Modeler 2.0: Commitment to Building the Ultimate Risk...
The transformation of large, complex, and monolithic applications to a cloud microservices architecture is no easy feat. The launch of Risk Modeler 2.0 – an innovative modeling application, offering one-of-a-kind proposition to catastrophe risk modelers and to all stakeholders in the (re)insurance industry – on the open, modular, and unified platform, Risk Intelligence™, reflects the culmination of eight years of evolution and commitment from RMS. A commitment to clients. And a commitment from clients....
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...
RMS RiskLink and RiskBrowser with Version 22 Now Available
RMS® is excited to announce that a major new version of RiskLink®, RiskBrowser®, and related products is now generally available. Version 22 includes numerous updates to existing models for both core perils and climate change views, together with improvements to geocoding and security, plus hazard field updates and other software enhancements. As we have done in previous years, Version 22 models and data products will be released simultaneously for both on-premises and hosted clients using RiskLink and RiskB...
RMS Data Bridge: Paving the Way for Cloud Migration
For many organizations – which are rooted in the real rather than the ideal world, switching to the cloud is an organic, evolving process. Timelines and corporate goals toward a total transition to the cloud are typically mapped out, whether over a period of one year or five years. The route to a complete or even a majority switch to the cloud involves many stages, and there is pressure to make the transition. Companies see the cloud as an essential part of the disruption that is changing the way the (re)insu...
RMS Builds on Its Risk Modeler Cloud-Based Application
NEWARK, CA – May 7, 2021 – At its annual Exceedance conference this week, RMS®, the world’s leading catastrophe risk solutions company, demonstrated the benefits (re)insurance customers are experiencing by moving to RMS Risk Modeler™, the cloud-based risk modeling application running on the RMS open cloud platform, Risk Intelligence™. Risk Modeler, a next-generation cloud-based modeling application, is designed to meet the complex needs of risk analysts and cat modelers at scale. Risk Modeler enables real-ti...
RMS September Update: New HD Models for Europe, New Zealan...
After recently launching new High Definition Models™ during August, we are delighted to announce that clients using RMS® Risk Modeler™, powered by RMS Risk Intelligence™, now have access to three additional HD Models™ covering new perils and regions in Europe, New Zealand, and the U.S.: Europe Severe Convective Storm HD Models: Comprehensive coverage of all sources of loss including hail, straight-line winds, and tornado risk for 17 countries, comes with large Pan-European event sets, and is fully integrat...
Learn more about Moody's RMS Risk Modeling software
