Hemant Shah News

RMS Appoints Silicon Valley Executive White as CEO, Succeeding Shah

RMS, the Newark, Calif.-based catastrophe risk modeling and analytics company, announced the appointment of Karen White as its new chief executive officer, replacing current CEO and co-founder Hemant Shah. With more than 25 years experience as an executive and investor …

RMS Releases Cyber Accumulation Management System to Manage Exposure

RMS has released its Cyber Accumulation Management System*, which includes a new software system and framework for cyber exposure reporting, in addition to a suite of cyber catastrophe scenarios for loss modeling. The RMS Cyber Accumulation Management System was developed …

RMS Names Dali Chair, Adds Three in Silicon Valley

Risk Management Solutions named Paul Dali chairman of its board of directors. Dali, who is based in Arizona, has been serving as an advisor to the RMS board for the past year. Dali has backed a number of successful technology …

RMS to Collaborate with Asia Capital Re to Enhance Asian Cat Models

Risk Management Solutions announced that it has reached an agreement with Asia Capital Reinsurance Group (ACR) that they will work together to “develop catastrophe risk models enabling ACR to apply the models of particular relevance to the Asian market.” RMS …

RMS Appoints Chief Technology Officer

Risk Management Solutions has appointed Philippe Stephan chief technology officer (CTO). Stephan has more than 20 years’ experience in software development and will apply his technology and leadership skills to the field of advanced analytic applications, driving the architectural design …

Munich Re, Risk Management Solutions Extend Research Agreement

Risk Management Solutions announced from its London office that Munich Re is extending its “state-of-the-art” risk research and quantification capabilities through a cooperation agreement with RMS. “Munich Re and RMS will embark on research in new and also in emerging …

Lloyd’s, RMS Coastal Flood Study Urges Adapting to Changing Conditions

A new report published by Lloyd’s, as part of its “360 project,” and Risk Management Solutions (RMS), warns that “without adaptation, insurance losses from coastal flooding for high-risk properties could double by 2030. The research shows that, with an effective …

Lloyd’s, RMS to Release Global Coastal Flood Report

Lloyd’s and Risk Management Solutions will publish a new report on coastal flooding on Tuesday, Sept. 9 in conjunction with the Reinsurance Rendezvous in Monte Carlo. Lloyd’s said the report looks specifically “at how measures to defend against flooding could …

RMS Attends Chinese Regulatory Conference to Promote Data Standards

In the wake of the devastating Sichuan earthquake, representatives from The China Insurance Regulatory Commission (CIRC), Risk Management Solutions (RMS), and China’s Institute of Engineering Mechanics (IEM) met with more than 100 representatives of the domestic Chinese insurance industry at …

RMS Launches ‘ExposureSource™’ to Increase Cat Model Accuracy

Risk Management Solutions has launched a new service to systematically assess and enhance the quality of exposure data within the insurance industry. “The ExposureRefine™ service, believed to provide the most comprehensive assessment of portfolio exposure data quality today, will help …