Risk Management Solutions
According to its website Risk Management Solutions was
- Founded at Stanford University in 1988, RMS is the world's leading provider of products and services for the quantification and management of catastrophe risks. The company grew rapidly in the 1990s offering technology and services for the management of insurance catastrophe risk associated with natural perils such as earthquakes, hurricanes, and windstorms, as well as products for weather derivatives and enterprise risk management for the P&C insurance industry. Today, RMS is also the leader in risk modeling for man-made disasters associated with acts of terrorism by analyzing the impact of weapons of mass destruction on property and people for many sectors of the insurance industry. The company’s objective is to help clients improve financial performance by using RMS products and services to gain the most complete view of their risk portfolio.
Contents
Terrorist Risk Advisors Network
A World-class Team of Advisors
The development of the RMS® U.S. Terrorism Risk Model has involved the input of an extensive team of highly qualified advisors, all of which are authorities in their field of assessing terrorism threats.
- RAND Corporation
- RAND Center for Terrorism Risk Management Policy
- Centre for the Study of Terrorism and Political Violence, University of St. Andrews, Scotland 'RMS is currently sponsoring the RMS Terrorism Research Fellow, at CSTPV, University of St. Andrews.'
- Jane's Information Group
- Institute of Defense & Strategic Studies, Singapore. 'RMS is currently sponsoring a Visiting Fellowship for Terrorism Studies at TPVP.'
Individual Contributors
Individual consultants who contributed to the development of the RMS® U.S. Terrorism Risk Model include the following:
- Dr. Rohan Gunaratna Head of terrorism research, Institute of Defense & Strategic Studies, Nanyang Technological University, Singapore
Terrorism threat from Al Qaeda and associated groups
- Dr. Magnus Ranstorp Director, Centre for the Study of Terrorism and Political Violence, University of St. Andrew's
Terrorism threats from Islamic militant groups and political violence in Middle East
- Dr. Bruce Hoffman Vice president for external affairs and director, RAND, Washington, D.C.
Terrorism risk in the U.S.
- Dr. K. Jack Riley Director, RAND Public Safety and Justice
Homeland Security
- Dr. Robert Reville Director of the RAND Institute for Civil Justice
Terrorism compensation & liability
- Dr. Darius Lakdawalla Associate economist at RAND and a faculty research fellow at the National Bureau of Economic Research
Probabilistic modeling and economics of terrorism risk
- Dr. Brian Chow Senior physical scientist at RAND
Loss modeling and the defense and control of terrorism weaponry
- Dr. Greg Jones Senior defense policy analyst at RAND
Chemical, biological, radiological, and nuclear weapons in terrorism
- Dr. George Zanjani Economist in the capital markets function of the research and market analysis group of the Federal Reserve Bank of New York
Economics of terrorism insurance
- Dr. Brian A. Jackson Associate physical scientist at RAND
Emergency response to terrorism incidents
- Dr. Kim Cragin Associate international policy analyst at RAND
Historical data on terrorism attacks
- Dr. Gregory Treverton Senior policy analyst at RAND
Terrorism, intelligence, and law enforcement
- Dr. Lois Davis RAND
Defense and security at targets
- James Quinlivan Senior analyst at RAND
Systems analysis research
- Pete Baxter Director, global consultancy operations, Jane's Information Group
Attack technology, logistical burden, and red teaming analysis
- Michael Dell Director, Jane's Information Group
Terrorism intelligence and news analysis
- Mark Mateski Consultant and project manager, Jane's Information Group
Red teaming, site security, and logistical burden
- David Kuhn Jane's Information Group
Weapons systems and unconventional attack operations
- Charles Heyman Editor, Jane's World Armies, senior military advisor, Jane's Information Group
Site security
- Paul Mahoney & Laura Dake Jane's Information Group
Security survey of New York skyscrapers
- Roger Davies Hazard Management Solutions Ltd., editor of TRITON terrorist activity database
Consultant on attack technology (RMS terrorism model 1.0), provider of data and reports (RMS terrorism model 2.0)
- Dr. William Kastenberg Professor of nuclear engineering, University of California, Berkeley and member of the Advisory Committee on Nuclear Facility Safety for the U.S. DOE
Nuclear power plant safety against terrorist attack
- Rich Balzano Consultant, Jane's Information Group
Nuclear power plant operations and security
- Prof. Lawrence M. Wein Professor of management science at the Graduate School of Business, Stanford University
Bioterrorism attacks and emergency response
- Mark Sauder Consulting engineer
Industrial facilities vulnerability
- Malcolm Cowler Senior engineering analyst, Autodyn
Use of computational fluid dynamics for blast modeling
Clients
Who We Serve
More than 400 insurers, reinsurers, trading companies, and other financial institutions rely on RMS to obtain the most complete view of their natural hazard risk. RMS products and services enable our clients to make informed decisions and improve bottom-line results on an ongoing basis. Our aim is to see clients achieve financial stability while optimizing profitability and growth.
Sample Client List
Ace Tempest Reinsurance, Ltd. Aon Re Services Inc. BP Energy, Inc. Chubb & Son Division of Federal Insurance Group. Copenhagen Reinsurance Co. Danish Re Fairfax Financial Holdings Ltd. Financial Security Assurance, Inc. Guideone Services LLC Halifax General Insurance Services Ltd. Hess Energy Trading Company, LLP Holborn Corporation Insurance Corporation of Hannover Mapfre Re Markel Corporation Pause Insurance Services Renaissance Re Holdings Ltd. Risk Control Strategies of Marsh USA, Inc. Scor U.S. Corporation SIU Managers, LLC Societe Generale St. Paul Fire & Marine Ins. Co. Swiss Re Underwriters Agency, Inc. Tokio Millenium Re Towers Perrin Reinsurance Company
