Risk Management Solutions (RMS) and TigerRisk Partners have expanded their partnership to include additional models and data in a new multi-year agreement.
RMS is a leading catastrophe risk solutions company while TigerRisk Partners is the leading risk, capital, and strategic advisor to the global insurance and reinsurance industry.
As part of the agreement, TigerRisk can now access the full RMS global natural catastrophe risk models suite.
The model suite includes RMS high definition models such as the RMS North America wildfire HD models, RMS Europe flood HD models, and RMS Europe severe convective storm HD models.
The partnership is said to complement TigerRisk’s long-standing implementation of the RMS natural catastrophe view of risk in the US on RMS RiskLink.
Commenting on the deal, Karen White, CEO of RMS, says: “TigerRisk Partners has established themselves as an innovative reinsurance broker and capital advisor firm in the market. As a valued partner of RMS for over a decade, their investment in analytics aimed at providing the best insights and services for their clients mirrors our commitment to the market.”
She adds: “We look forward to continuing to support TigerRisk with the most trusted view of risk in the industry as they grow their business and enhance their services.”
Rod Fox, CEO of TigerRisk, notes: “We are committed to providing our clients with best-in-class solutions as they navigate this volatile risk landscape.”
“Our clients depend on us to help them maintain a competitive edge, and it’s important we work alongside organisations that can help us support their needs. Our expanded partnership with RMS ensures that we can increase the value we bring to our clients and continue to deliver solutions for managing global risk profitably,” he concludes.
