COMMERCIAL FIRE RISK PROBABILITY MODEL

Risk Management Solutions Inc. (RMS), Newark, Calif., has launched what it calls the first-ever probabilistic model designed to enhance the way commercial account underwriters quantify and manage exposure to fire risk. Aimed at primary commercial and specialty insurers and reinsurers, the RMS Account Fire Model provides an explicit link between engineering best practices and the account underwriting process, and supplies comprehensive data at the account level, which has been unavailable until now.

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