Risk Management Solutions (RMS) announced three companies have picked up its insurance-linked securities (ILS) portfolio management platform. In the last quarter, Pentelia Capital Management, Flagstone Reinsurance and Aon Benfield have signed on to use the 18-month-old Miu. The company recently released an updated version to include event mapping and historical catastrophic event analysis, as well as a feature to combine historical scenarios with future risks.
“We selected Miu because RMS offers a product that best suits our needs,” said Mathieu Marsan, risk manager and actuary, Pentelia Capital Management. “RMS has shown strong commitment to the capital markets through the development of a purpose-built ILS portfolio management platform, which has been enhanced since we first saw it in 2009. We are happy to join the growing community of Miu users.”
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