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.
Flexible Risk Modeling Software
To make accurate underwriting, risk transfer, and pricing decisions in a changing market, business users need modeling software that delivers insights faster. That’s the advantage of a single application that runs in the cloud.
Transform Decision-Making
Improve collaboration across risk stakeholders with consistent and high-quality insights.
Eliminate Risk Data Silos
Centralize and enhance your analytics capabilities with a unified cloud-native architecture.
Maximize Modeling Productivity and TCO
Run models up to 12x faster than equivalent on-premise infrastructure, at scale, without IT bottlenecks.
Delivering Greater Value
- Access, evaluate, compare, and deploy all models in one place
- Use intelligent workflows to minimize operational burdens in the underwriting and portfolio management processes and free up time for further analysis and integration of the output
- Leverage RMS Risk Modeler to form the basis of accurate risk management decisions
Model Composer
Minimize, streamline, and control risk customizations with simplified model builder services dedicated to deploying your own view of risk into multiple workflows.
Exposure Add-On For Risk Modeler
The Exposure Add-On for Risk Modeler extends functionality further, with a new exposure management module that provides key accumulation metrics for a deeper understanding of exposures and accumulations concentrations, helping complement modeled losses produced by Risk Modeler. Risk analysts and portfolio managers gain access to accurate and intuitive analytics backed by RMS risk management science for a deeper understanding of portfolio hot spots. Continue to access the exposure metrics you generate through your RMS modeling tool today in a more detailed and interactive manner.
Data Bridge
As the gateway to robust risk models and in-depth data, the RMS platform Risk Intelligence™ 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.
To learn more watch the webinar.
RMS Next Generation Models
Most comprehensive models in the market based on the latest advances in science, data and technology.
Spotlight
Customer Success Story: Lower Operational Costs and Increased Customer Retention
A leading P&C insurance broker wanted to differentiate themselves from competitors by leveraging data and analytics. They wanted a solution that provided actionable insights that could be integrated quickly and seamlessly into existing business workflows.
Customer Success Story: Single View of Risk
U.S. P&C insurer wanted to improve risk selection and underwriting processes. The company selected Risk Modeler™ to access, evaluate, compare, and deploy all RMS catastrophe models using a single modeling application to create an on-demand view of risk that could be used at the point of underwriting.
Customer Success Story: Risk-Based Pricing and Improved Risk Selection
Leading non-life insurer wanted to expand its position in the flood insurance market. The insurer recognized that it needed to enhance analytical and modeling capabilities to support this growth and chose to adopt RMS Risk Modeler and the Europe Inland Flood HD Models.
Related Products
Resources
One Year On: Getting to Work With the Risk Modeler Application
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…
RMS Builds on Its Risk Modeler Cloud-Based Application
Newark, Calif. – 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…
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…
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…
Risk Modeler 2.0: Commitment to Building the Ultimate Risk Modeling Cloud Platform
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…
Risk Modeler 2.0 APIs
Risk analytics and models in the cloud present immense business opportunities. The new version of the RiskModeler application, part of the Risk Intelligence platform from RMS, provides a unified model execution platform for core RiskLink models and our new HD models. This new version of RiskModeler also simplifies your workflows and greatly improves your total-cost-of-ownership. In this month’s webinar, we will focus on how to automate your workflows with…
RMS September Update: New HD Models for Europe, New Zealand, and the U.S. With Risk Modeler and New ExposureIQ for Richer Accumulation Management
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…
Learn More About RMS Risk Modeling Software
