4 April 2017Insurance

RMS appoints senior vice president from AXIS Capital

Risk modelling company RMS has appointed Colin Kerley as senior vice president of platform solutions.

Kerley joins RMS from AXIS Capital, where he was senior vice president, group risk management, with specific responsibility as head of capital modelling, and chief risk officer for AXIS's European legal entities. Prior to AXIS, Kerley worked in the ReMetrics team at Benfield, and with the insurance-linked securities (ILS) team at Barclays Capital.

In his new role, Kerley will report to the head of the newly-formed RMS global solutions practice Michael Steel.

The company said that Kerley will work together with the RMS market and product development teams to identify the best solutions for clients through a clear appreciation of their business and strategic imperatives.

"Colin brings a thorough understanding of the risk management and growth opportunities available to our clients when using best-in-class risk analytics to inform their decision-making," said Steel. "His knowledge and expertise will be central to our clients’ smooth adoption of solutions powered by RMS(one) — an open, big data and analytics platform that is purpose-built for the insurance industry."

Kerley commented: "While the industry has always been data-driven, we now have the compute power to take full advantage of that data. It’s an exciting opportunity for the industry, though one which requires a degree of caution; the risk management decisions made by our clients are backed by capital, which need to be informed by sound data analytics to avoid loss. That’s why RMS has designed the RMS(one) platform specifically for our industry.

"Risk analytics that are powered by a transparent and open analytics platform, provide the requisite safeguards for our clients and will unlock the full potential for growth that big data brings."

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