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.
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.
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. The IRB Transformation Plan objectives were closely aligned to...
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 not first undertaken the RMB study Luis Brito, he...
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.