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Risk Management Solutions

Founded in 1989 by Stanley S. Shapiro and a team of researchers from Stanford University, Risk Management Solutions (RMS) is a leading provider of catastrophe risk modeling and analytics for the global insurance and reinsurance industries. Founded in 1989 and headquartered in Newark, California, RMS offers models and software solutions that help organizations understand, quantify, and manage risks associated with natural and man-made catastrophes, including earthquakes, hurricanes, floods, and terrorism.

Key Offerings:

  • Catastrophe Risk Models: RMS develops detailed models that simulate the potential impacts of various catastrophic events, enabling insurers and reinsurers to assess potential losses and make informed underwriting decisions.

  • Software Solutions: Their flagship platform, RiskLink®, provides tools for risk analysis and management. Additionally, RMS offers Risk Modeler 2.0, a cloud-based application designed for advanced risk modeling and analytics.

    RMS

  • Data Services: RMS provides comprehensive data solutions, including exposure data sets and industry loss databases, to support risk assessment and decision-making processes.

Industry Impact:

RMS's models and analytics are widely used by insurers, reinsurers, financial institutions, and public agencies to evaluate and manage catastrophe risks. By providing insights into potential losses from catastrophic events, RMS aids in pricing insurance products, determining capital reserves, and developing risk mitigation strategies.

Acquisition by Moody's Corporation:

In 2021, RMS was acquired by Moody's Corporation, a global integrated risk assessment firm, for approximately $2 billion. This acquisition aimed to enhance Moody's insurance data and analytics capabilities, integrating RMS's expertise in catastrophe risk modeling with Moody's existing services.

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Risk Management Solutions, Inc.
7575 Gateway Blvd,
Newark, CA 94560,

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