Drive workflow efficiencies and surface additional insights when implementing new risk and exposure analytics by thinking holistically about what can be improved.
Accelerate Time to Value
Adopt new technology and process faster with proven process methodology, tooling, testing plans, integration adapters, and workflow orchestration engines.
Adopt a predictable implementation path that leverages our experience and lessons learned with a delivery methodology that quickly identifies unknowns and mitigates execution risks.
Informed by decades of experience, our approach ensures consistency in our implementations and continuous improvement so that clients are set up with cat modeling best practices.
Automation and Integration
We develop system integrations and automated solutions that remove manual tasks and improve throughput for a variety of use cases, including insurance account modeling, reinsurance cedant modeling, regulatory reporting, event response, underwriting moratoriums, and more.
For business capabilities beyond our standard solutions, we can help combine RMS solutions with your own data, tools, or applications. We follow the same best-practice methodology as our turnkey implementations and can help develop models, applications, utilities, and tools.
RMS Consulting Services are trusted by over 200 companies to install and configure RMS core software applications. Our deployment engineers work closely with IT teams to ensure the deployed software consistently meets business requirements.
Adoption assurance services help clients efficiently adopt RMS solutions and are tailored to your situation. Our core package defines an adoption path and implements best practices. An enhanced package optimizes resource allocation and de-risks project delivery. The comprehensive offering ensures the fastest time to value with a low-risk delivery project.
Helping Customers Outperform
Automating key activities in a U.S. broker’s wholesale broking workflow, we helped them achieve projected savings of $800K.
Automation and integration with an in-house client portal for a London market broker saved 80% of analyst time.
Streamlined workflows for treaty underwriting for a U.S. Reinsurer to increase submission capacity by 37%.
Used a bespoke Risk Modeler™ integration to bring marginal impact to the underwriting workflow for an Americas reinsurer to improve capacity utilization.
Developed bespoke integration tools for an E.U. reinsurer to streamline and enhance treaty underwriting, with senior modeler staff time reduced by up to 50%.
Enhanced workflows for an E.U. reinsurer to improve underwriting performance, resulting in a €3M increase in net income after two years.
Automated underwriting workflow for a U.S. insurer, to reduce manual tasks by 650 hours per year, for increased earnings of up to $800k per year.
Getting Ahead of the Curve on Data Quality
Incomplete or inaccurate data assessment can bias model results and impact business decisions. In our latest Illustrate case study, we look at how RMS worked with Securis to enhance the quality of its cedant-provided data.
European Reinsurer Grows Business, Not Headcount
How RMS delivered significant performance gains with key workflow enhancements and API integrations
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. …
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…
Implementation Consulting Services
Read about important considerations for planning your RMS implementation, and how RMS Consulting can help.
Learn how RMS can help clients to implement solutions in a fast and cost-effective manner.
Successfully Deploy and Implement RMS Software and IP