Ardonagh Specialty Collaborates With RMS To Reinforce U.S. Flood And Wildfire Capabilities
Ardonagh Specialty Collaborates With RMS To Reinforce U.S. Flood And Wildfire Capabilities
To improve its U.S. and wildlife capabilities, Ardonagh Specialty, a division of the Ardonagh Group, has entered into a new arrangement with RMS, Moody’s Analytics firm and provider of risk modeling and solutions.
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Using the RMS U.S. Flood HD Model and the RMS U.S. Wildfire HD Model, Ardonagh Specialty hopes to increase the use of the RMS Intelligent Risk Platform while also developing its risk modeling and advising capabilities.
The collaboration also includes companies from Ardonagh Specialty such Besso, Bishopsgate, Compass London Markets, Ed Broking, Inver Re, Piiq, and Price Forbes.
Antony Erotocritou, CEO of Ardonagh Specialty commented: “It has always been important to us that Ardonagh Specialty strives to offer increased value to our clients. Investment in differentiating data and analytics capabilities is a core part of our value proposition.
Ardonagh Specialty Collaborates With RMS To Reinforce U.S. Flood And Wildfire Capabilities
“We’re excited to partner with clients and markets, creating new value, and unlocking new opportunities for the industry. By extending our long-term partnership with RMS we are confident that all our clients will continue to benefit from the high levels of service and solutions we always aim to deliver.”
Michael Steel, General Manager, RMS added: “We are delighted to extend and strengthen our work with Ardonagh. Advanced implementation of Risk Modeler can only enhance the speed, precision, and consistency o all risk decisions across the portfolio.
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“As the increased impact from major catastrophic events such as floods and wildfires continues to evolve, brokers and insurers are keen to embrace the latest science and technology to help them better understand the risks and opportunities they face. We’re delighted to help Ardonagh service their clients with distinction.”
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