Newark, Calif. – Risk Management Solutions (RMS), Newark, Calif., has launched its Terrorism Risk Management System (T-RMS). The new browser-based application enables underwriters and portfolio managers to assess the impact of new insurance submissions on their existing exposures, and gain insight into terrorism risk in specific locations through sophisticated risk-layered maps and high-resolution aerial imagery.
“Terrorism underwriters are often under a time pressure to decide whether to take on new business, and rely heavily on monitoring exposures in urban areas and understanding the risk around key locations,” says Tristan Camanga, product manager for T-RMS. “When a new terrorism submission hits the desk, an underwriter can use the system to quickly view its proximity to other high-value locations in the portfolio and assess how it might affect their accumulations. To drill down to a finer level of detail, high-resolution imagery and photographs can be used to verify the type and size of building being considered, along with the surrounding buildings and structures.”
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access