Risk Management Solutions (RMS) has been a pioneer in the catastrophe risk business for over 30 years. RMS models underpin the approximately $2 trillion Property & Casualty business, and RMS model science is used by numerous insurers, reinsurers, and brokers throughout the world. They continue to set the bar for innovation by merging cutting-edge research with cutting-edge technology. They develop comprehensive risk models, software, SaaS technologies, cloud-based apps, and APIs to enable insurers, reinsurers, financial services firms, and government agencies to succeed by evaluating and managing global risk. RMS Risk Intelligence, their open, unified cloud platform for global risk, enables leaders across multiple industries to address tomorrow’s threats by allowing them to access RMS HD models, rich data layers, easy applications, and APIs.
RMS spearheaded the Risk Data Open Standard (RDOS), a modern, open-standard data format designed to be an extendable, adaptable, and future-proof asset within modeling/analysis tools, to further help the industry’s shift to modern risk management.
Karen White, CEO
RMS’s Chief Executive Officer is Karen White. With a 25-year track record of developing, inventing, and scaling global technology organizations, she is an established leader in the technology industry. Karen specializes in infusing technology, innovation, data, and operations to aid in digital transformation. Karen began her Silicon Valley career in 1993 as a senior executive at Oracle, reporting to Larry Ellison, the company’s CEO. During a period of a rapid transition in the computer industry, her global duties included business development. During her seven years at Oracle, revenue soared to $10 billion, profits over 65 times, and the company’s market value grew to over $150 billion.
Karen was most recently President and COO of Addepar, a premier fintech business that provides data and analytics solutions to the investment management industry, replacing decades-old outdated systems with cutting-edge technology. Addepar’s SaaS platform now supports $800 billion in total assets, and its customers and partners include some of the world’s most prestigious financial services businesses. Karen was the CEO and Chairman of the Board of Syncplicity, a leading enterprise file sync and management SaaS company aimed at enterprises and the mid-market, before joining Addepar. She took the company from its inception to 30,000 users, culminating in EMC’s purchase of Syncplicity in 2012. Karen previously oversaw global corporate and business development at SolarWinds, a leading IT and network management software company with Fortune 500 clients. With a successful IPO in 2009, the company was listed on the Nasdaq, valuing the company at approximately $1 billion.
Karen presently serves on the Board of Directors of Varo Money, a mobile banking fintech that has applied for a national bank charter to become the first fintech national bank in American history.
Their Solutions for the Public Sector
To prepare for future disasters, today’s communities cannot solely rely on history. RMS helps organizations comprehend the impact on economies, health, and people’s livelihoods by combining advanced scientific expertise, forward-thinking techniques, and emerging technology.
Creating a Resiliency Plan
Over time, risks and exposures change. RMS allows you to use advanced modeling approaches to assess and mitigate risk today, saving both money and lives in the future.
Increasing Community Preparation
Natural and man-made disasters have different effects around the world. You can use RMS to execute mitigation, preparedness, response, and recovery strategies based on science and improved data.
Quantification of Climate Change Impacts
RMS models can assist in answering difficult issues about increases in the frequency and severity of human and economic consequences, as well as their relationship to climate change.
Other areas where they provide solutions include :
4. Corporate Risk Management
5. Financial Services
6. Insurance-Linked Securities
Website : http://www.rms.com
Industry : Computer Software
Company size : 1,001-5,000 employees
Headquarters : Newark, California
Type : Privately Held
Founded : 1988