Newark, Calif. — Risk Management Solutions (RMS), a provider of products and services for catastrophe risk management, announced that John Stroughair was hired to head the RiskMarkets group of RMS Consulting. In this capacity, he will be responsible for all RMS capital markets activities, including risk analysis of catastrophe bonds for use by rating agencies and investors, the Paradex initiative to provide parametric indices for risk transfer and a new platform for managing insurance-linked security portfolios.
Stroughair joins RMS from Oliver Wyman & Co., where he was a managing director in the corporate risk practice, focusing on developing quantitative approaches to improve managerial decisions. He also played a key role in the firm’s initiative to provide risk management consulting to organizations outside the financial services sector. In addition, Stroughair was one of the founders of the company’s Frankfurt office, where he led the growth of the risk-based consulting business in Germany and Switzerland.
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