Colin KERLEY reports to Michael STEEL, head of the newly formed RMS global solutions practice. STEEL said "Colin brings a thorough understanding of the risk management and growth opportunities available to our clients when using best-in-class risk analytics to inform their decision-making. His knowledge and expertise will be central to our clients' smooth adoption of solutions powered by RMS(one)® — an open, big data and analytics platform that is purpose-built for the insurance industry."
KERLEY joins RMS from AXIS Capital, where he was senior vice president, group risk management, with specific responsibility as head of capital modeling, and chief risk officer for AXIS's European legal entities. Prior to AXIS, Colin worked in the ReMetrics team at Benfield, and with the insurance-linked securities (ILS) team at Barclays Capital.
Colin KERLEY, senior vice president, RMS platform solutions, said: "While the industry has always been data-driven, we now have the compute power to take full advantage of that data. It's an exciting opportunity for the industry, though one which requires a degree of caution; the risk management decisions made by our clients are backed by capital, which need to be informed by sound data analytics to avoid loss. That's why RMS has designed the RMS(one) platform specifically for our industry. Risk analytics that are powered by a transparent and open analytics platform, provide the requisite safeguards for our clients and will unlock the full potential for growth that big data brings."
RMS solutions help insurers, financial markets, corporations, and public agencies evaluate and manage catastrophe risks throughout the world. We lead an industry that we helped to pioneer-catastrophe risk modeling-and are delivering models, data, and risk management solutions on the RMS(one)® platform to transform the world's understanding and quantification of risk through open, real-time exposure and risk management.
More than 400 insurers, reinsurers, trading companies, and other financial institutions trust RMS solutions to better understand and manage the risks of natural and human-made catastrophes, including hurricanes, earthquakes, floods, terrorism, and pandemics.