Apollo Adopts RMS ExposureIQ to Understand Risk Exposure Faster

• Apollo to strengthen exposure management practices and respond quicker to underwriter requests
• RMS exposure management cloud application ExposureIQ makes business-wide exposure management faster and more accurate for informed decision-making

LONDON, U.K. – September 22, 2021 – Apollo Partners LLP (Apollo), an independent specialist insurer and reinsurer, announced today that it has integrated the RMS^® ExposureIQ™ application into its exposure management workflow. Apollo selected RMS, the world’s leading catastrophe risk solutions company, to enable outstanding internal exposure management processes and underwriting. This followed an extensive evaluation that demonstrated the vital support our ExposureIQ application provides to exposure and portfolio managers.

Robert Stevenson, Head of Operations at Apollo, said: “Before committing to ExposureIQ, we conducted an extensive evaluation of how the RMS exposure management tool could facilitate enhanced internal workflows and how we could better present and visualize exposure information. Our primary focus was to have a single exposure data source feeding multiple applications and not have to convert or upload exposure datasets between applications. ExposureIQ provides that capability. Our team is currently using ExposureIQ to support our frontline underwriting workflow and is providing a more agile platform to analyze current and historical events.

ExposureIQ, the cloud-based exposure management application running on the RMS open cloud platform, RMS Risk Intelligence™, enables faster and more accurate business-wide exposure management. RMS recently announced the addition of event response and HWind data as the latest integrations to ExposureIQ. ExposureIQ, along with Risk Modeler™ and SiteIQ™, offers all access centralized exposure data allowing for efficient, fast analysis – removing the need for costly data double-entry and allowing for technology integration across different solutions.

Jason Futers, Managing Director at RMS, said: “Exposure management is key to our customers’ ability to build profitable portfolios. The ExposureIQ application was developed on our truly unified platform, Risk Intelligence, where our customers can quickly derive deeper insights and improve what are traditionally manual, repetitive activities such as event response. There are a number of stand-alone exposure tools in the market, so we’re delighted a sophisticated insurer such as Apollo has adopted the Exposure IQ application after such a thorough evaluation.”

Learn more about the ExposureIQ application.

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About Apollo Syndicate Management
Apollo Syndicate Management Limited is an independent specialist insurer and reinsurer with a team of talented and experienced professionals across a number of specialty lines. Apollo offers adaptable and flexible underwriting services at Lloyd’s and leads a number of London market consortia.

Apollo’s market-leading underwriting talent has allowed the business to spearhead sharing economy initiatives such as ibott (“Insuring Businesses of Tomorrow, Today”).

For more information, please see: http://www.apollounderwriting.com/

About RMS
Risk Management Solutions, Inc. (RMS) helps insurers, financial markets, corporations, and public agencies evaluate and manage global risk from natural and man-made catastrophes, including hurricanes, earthquakes, floods, climate change, cyber, and pandemics. RMS models underlie the nearly $2 trillion Property & Casualty industry, and many insurers, reinsurers, and brokers around the world rely on RMS model science.

RMS helped pioneer the catastrophe risk industry and continues to lead in innovation by marrying data and advanced model science with leading-edge SaaS technology. Leaders across multiple industries can address the risks of tomorrow with RMS Risk Intelligence™ (RI), our open, unified cloud platform for global risk, enabling them to tap into RMS HD models, rich data layers, intuitive applications, and APIs.

Further supporting the industry’s transition to modern risk management, RMS spearheaded the Risk Data Open Standard (RDOS), a new modern open standard data schema designed to be an extensible, flexible, and future-proof asset within modeling/analysis systems.

RMS is a trusted solutions partner enabling effective risk management for better business decision-making across risk identification and selection, mitigation, underwriting, and portfolio management.

For More Information Contact:

Matthew Longbottom (U.K.)
+44 7584 333485
PRTeam@rms.com

Devonne Cusi (U.S.)
+1 551 226 1604
PRTeam@rms.com

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