Climetrix Home

 

 

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.

 

Related Information

2004 RMS Client Conference
May 4-7, 2004
The Breakers, Palm Beach, FL
 

 

Climetrix Home      Contact Us     About RMS     Disclaimer

©1999-2008 Risk Management Solutions, Inc. All Rights Reserved.