Risk Management Solutions, the Newark, Calif.-based catastrophe modeling firm, announced that Philippe Stephan has been appointed to the newly created post of chief technology officer.

The company said Mr. Stephan has more than 20 years' experience in software development and will manage the RMS application development function and drive the architectural design and development of RMS' next generation of software.

"As catastrophe modeling becomes increasingly embedded in core business processes, we are raising our investment in software technology to deliver extensible and scalable modeling solutions for our clients," said Hemant Shah, president and chief executive officer of Risk Management Solutions.

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