Risk Management Solutions (RMS), a provider of products and services for catastrophe risk management, unveiled its new RMS RiskAnalytics operation, a team of analysts to perform catastrophe modeling activities as an extension of a company's in-house department.

"As catastrophe modeling becomes more sophisticated, insurers, reinsurers, and intermediaries are spending an increasing amount of time and resources on core catastrophe management functions," says Roger Arnemann, vice president at RMS. "By working with the RMS RiskAnalytics team, companies gain speed, efficiency, and quality assurance without the costs associated with recruiting, training and retaining new staff. We calculate that the service can increase analyst productivity by more than 50 percent."

RMS RiskAnalytics provides a range of RMS support and expertise for identifying, quantifying, reporting, and managing catastrophe risk, with services spanning from data quality enhancement to operating proprietary client underwriting systems.