RMS taps BMS Re for senior cat model specialist

Risk modelling firm  RMS has recruited a senior executive from BMS Re as senior vice president and head of Model Product Management.

Julie Serakos (pictured) will be responsible for global model product management across all climate, climate change, earthquake, and emerging risk models. Serakos will also oversee global government and regulatory affairs. She will report to Cihan Biyikoglu, executive vice president, Product.

Serakos joins from BMS Re where she led the catastrophic analytics team for over ten years, providing catastrophe analytics for reinsurance design, pricing, and marketing. Prior to this, she spent 14 years at Willis Re as executive vice president in various catastrophe management roles.

Cihan Biyikoglu, executive vice president, Product, RMS, said: “Julie’s experience, knowledge and understanding of the needs of the insurance and reinsurance industry will greatly enhance the range and opportunities across all the RMS products and services and how RMS and Moody’s work together to enhance offerings for better risk insights. RMS’s continued research and investment across all perils and risks means that clients can be confident they are always utilizing the best science and technology in their risk management processes.”

Julia Serakos, senior vice president, RMS, added: “The risk landscape is continually growing and evolving. This can be clearly seen across climate change, cyber, and the continued growth of secondary perils such as wildfire, severe storm and flood. I am really excited to help RMS deliver products and services that directly match the needs and issues faced by the industry. Having worked with RMS for many years, it is great to now be working for RMS, delivering the solutions and strategies that help support clients, and the industry globally.”

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