RMS announces innovations in ExposureIQ to provide real-time event visualization

2021-05-07 01:45

RMS announced new innovations to ExposureIQ on the Risk Intelligence platform, including real-time catastrophe event visualizations and more powerful reporting.

The application provides access to exposure information which leverages events and footprints from RMS Event Response and RMS's unique HWind real-time forecasting capabilities, to help gain a quicker and more accurate assessment of potential losses before, during, and after an event.

ExposureIQ is now the only application in the market to provide near real-time event visualization through a powerful new mapping module that integrates RMS Event Response and RMS HWind data.

RMS demonstrated how ExposureIQ will expand on these capabilities to allow customers to run accumulations across both their insurance and reinsurance books of business.

"Speaking at the annual RMS Exceedance conference, RMS executive vice president, product, Cihan Biyikoglu, said:"Exposure management is one of the most important aspects in terms of overall business profitability and keeping business risk appetite in check.

"Real-time exposure information such as wind forecasting from RMS Event Response gives customers the insights and control they need during critical points before, during, and after an event. The inclusion of cross-portfolio and cross-cedant accumulation in this release takes portfolio analytics to an unprecedented level."

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/ABT7zWhUvHI/