RMS launches exposure management solution
RMS has released Exposure Manager, its new exposure analytics solution designed to enable insurance and reinsurance companies to maximise value from their exposure data.
According to RMS, the exposure analytics solution has been developed to give firms a much clearer view of their risk accumulations to better manage volatility.
RMS has achieved this by integrating its flagship Financial Model, used by its catastrophe models, into Exposure Manager enabling the software to deliver a consistent view of risk across the organisation.
The Exposed Limit metric, produced by Exposure Manager, provides both the complementary and consistent perspective to the output generated from risk models.
This consistency helps to increase a firm’s confidence when submitting modelled and non-modelled numbers to external stakeholders.
Eric Yau, general manager, RMS Software business, said: “I am delighted that our first solution on the RMS(one) platform is now available to the industry.
"The release of Exposure Manager is a significant milestone in the RMS(one) product roadmap and will be followed next year by our second platform solution Risk Modeler.
"The need to calculate exposed limit in a consistent and credible manner is crucial to our clients’ business, and it’s this capability that sets apart Exposure Manager from all other exposure management tools.”
RMS said that Exposure Manager is now available to all insurance and reinsurance firms and brokers.
