London
17 March 2017
Reporter: Mark Dugdale

Securis to track ILS exposure with RMS


Securis Investment Partners has licensed management software from RMS to help tackle the data-rich insurance-linked securities (ILS) sector.

Exposure Manager, the first solution on the RMS(one) platform, highlights exposures in detail across global portfolios to help manage risk concentrations more consistently.

ILS requires catastrophic events to be tracked. In the aftermath of an event, firms such as Securis must grapple with vast quantities of data to understand the proximity of their risk clusters to hazard zones.

Exposure Manager will allow Securis to calculate key metrics, such as exposed limit, quickly and efficiently. Analytics are provided in visual format and are customisable, enabling firms to progressively fine-tune their insights to make faster decisions, according to RMS.

Herbie Lloyd, head of insurance at Securis, said: “We are delighted to include Exposure Manager within Securis’s expanding suite of analytical capabilities. The current capability and indeed the development vision for this product is extremely complementary with Securis’s strategy to continuously develop cutting edge portfolio management capability.”

Farhana Alarakhiya, vice president of software products at RMS, said: “What distinguishes Exposure Manager from other portfolio management solutions is that it’s built on a big data and analytics platform architected specifically so that risk-carriers can interrogate both exposures and modeled losses in one analytics environment.”

“Exposure Manager can process large volumes of data while also producing analytics at any granularity. This means our clients can create risk insights across their entire risk management process to drive more informed decision-making.”

More news
The latest news from Captive Insurance Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Customer service is key to captive redomestications
23 August 2017 | Charlotte | Reporter: Becky Butcher
Customer service is key to attracting potential captive insurers to a particular jurisdiction, according to Leanne Refalko, senior captive insurance specialist at the North Carolina Department of Insurance
Hawaii appoints new insurance administrator for commerce
23 August 2017 | Honolulu | Reporter: Jenna Lomax
The state of Hawaii has promoted Andrew Kurata to acting insurance administrator for the department of commerce and consumer affairs insurance division
Experts react to Avrahami
23 August 2017 | Washington DC | Reporter: Becky Butcher
The US Tax Court’s decision to back the Internal Revenue Service in its dispute with Benyamin and Orna Avrahami over their micro captive should encourage those involved in similar arrangements to revisit them
NCCIA: North Carolina’s captive figures almost doubled in 2016
22 August 2017 | Charlotte | Reporter: Becky Butcher
The number of North Carolina’s licensed captive companies grew by 91 percent last year, while approved protected cells and series saw an increase of over 50 percent
NCCIA praises captive industry for work
22 August 2017 | Charlotte | Reporter: Becky Butcher
The North Carolina Captive Insurance Association Annual Conference kicked off this week with Thomas Adams, president and CEO, thanking those in the industry who have helped make the state’s captive market the success it is today
Willis Towers Watson reinforces employee benefit captive consulting
22 August 2017 | London | Reporter: Mark Dugdale
Willis Towers Watson has hired Paul Devitt as director in its global services and solutions consultancy practice, where he will focus on employee benefit captive consulting
Disappointing outcome for micro captives in Avrahami
22 August 2017 | Washington DC | Reporter: Becky Butcher
The US Tax Court has backed the Internal Revenue Service’s decision to deny Benyamin and Orna Avrahami access to the Internal Revenue Code Section 831(b) election for certain financial years