|
About RMS Founded at Stanford
University in 1988, RMS is the world's leading provider of products and
services for the quantification and management of natural hazard risks.
The company grew rapidly in the 1990s offering technology and services
for the management of insurance catastrophe risk associated with natural
perils such as earthquakes, hurricanes, and other windstorms. Today, the
company is also the leader in risk modeling for weather derivatives and
enterprise risk management for the P&C insurance industry. The company’s
objective is to help clients improve financial performance by using RMS
products and services to gain the most complete view of their risk
portfolio. Independence
Independence and objective risk assessment go hand-in-hand at RMS. Our
natural hazard risk modeling solutions are used by over 400 insurers,
reinsurers, trading companies, and other financial institutions
worldwide. As an established provider of risk modeling to companies
across all market segments, our solutions can be trusted as a reliable
benchmark for strategic pricing, risk management, and risk transfer
decisions. Market Leadership
RMS
continues to grow through research and technology innovation and
superior client service. A 1999 research report by TowerGroup, an
independent technology research organization, concludes that RMS holds
50% of the market for catastrophe modeling and services. The report
illustrates RMS’ leading position as the largest catastrophe model
provider, having the broadest product line by peril and geography. We
were also first to offer risk modeling products for the weather
derivatives market, and have pioneered the application within the P&C
insurance industry of enterprise risk modeling using risk-adjusted
return on capital methodologies. Corporate
Structure
RMS serves the global financial markets
through its natural hazard risk modeling business, with representation
in all offices worldwide. In Japan, RMS is represented by OYO RMS, a
joint venture with OYO Corporation, Japan’s leading geotechnical firm.
In addition, the company’s RMSI subsidiary in India serves corporate
clients worldwide as a leading provider of geographic information
systems (GIS), spatial data solutions, and software development.
The RMS headquarters is located in Newark, California with offices
throughout North America, Europe, and Asia. The company and its
subsidiaries employ over 800 people worldwide. RMS is majority-owned by
DMG Information, a division of the UK-based Daily Mail and General
Trust, plc media enterprise. |