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 Industry 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
‘Exciting developments’ in South Carolina’s captive industry
17 November 2017 | Charleston | Reporter: Becky Butcher
Jay Branum of the South Carolina Department of Insurance has revealed the state has “very positive and exciting developments” for its captive insurance industry
‘Explosive growth’ for Tennessee’s captive market
17 November 2017 | Nasville | Reporter: Lorella Fava
After rewriting its captive statute back in 2011, the captive insurance market in Tennessee has seen “explosive growth”, according to the state’s insurance commissioner Julie Mix McPeak
Captive insurance scholarships awarded in Bahamas
14 November 2017 | The Bahamas | Reporter: Lorella Fava
The Bahamas Financial Services Board (BFSB) and the Insurance Commission of The Bahamas (ICB) has selected two recipients for the Associates in Captive Insurance designation scholarships
SRS acquires Barbados captive manager
13 November 2017 | Massachusetts | Reporter: Lorella Fava
Strategic Risk Solutions (SRS) has acquired the operations of CGE Group, a Barbados captive manager
Captives dragged into Paradise Papers furore
10 November 2017 | Bermuda | Reporter: Stephanie Palmer
The captive insurance industry has for the first time been implicated in the so-called Paradise Papers, as a US businessman was identified in one of the leaked documents as a director of a captive insurer
CICA and Butler form professional development partnership
09 November 2017 | Minneapolis | Reporter: Becky Butcher
The Captive Insurance Companies Association (CICA) and the Davey Risk Management and Insurance Program at Butler University have formed a new professional development partnership
US hurricanes set to drive up reinsurance prices
08 November 2017 | New York | Reporter: Stephanie Palmer
Losses resulting from hurricanes Harvey, Irma and Maria, as well as the recent earthquake in Mexico City, are likely to change the dynamic of the reinsurance industry, in a positive way