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RMS ExposureIQ from Risk Management Solutions (RMS)
A cloud-based exposure management application that helps insurers understand and analyze their portfolio exposures, accumulations, and clash risks. It provides real-time exposure tracking, customizable views and reporting, and integration with other RMS solutions.
More about Risk Management Solutions (RMS)
Product analysis by function
Exposure Management Systems for Risk Management
Tools that monitor and manage the accumulation of insurance exposures across geographic areas, business lines, and risk categories to prevent concentration risks.
More Exposure Management Systems
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Core Exposure Accumulation Monitoring
(13 Yes /13 Known /15 Possible features)
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Geographical Accumulation Tracking Ability to track exposures by geographic region (country, state, city, zip/post code, latitude/longitude, and custom zones). |
RMS ExposureIQ offers exposure tracking at granular geographical levels including country, state, city, and latitude/longitude as evidenced by marketing material and platform screenshots. | |
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Line of Business Segmentation Supports segregation and analysis of exposures by various insurance business lines (e.g., property, casualty, marine, life). |
ExposureIQ supports multiple insurance business lines and segmentation, as shown in solution documentation and portfolio setup options. | |
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Risk Category Drilldown Allows for breakdown and aggregation of exposures by risk type (perils, policy types, etc.). |
Marketing material and demos show drilldowns by peril and policy type, indicating support for risk category drilldown. | |
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Custom Aggregation Rules Customization of accumulation definitions based on user-defined rules and hierarchies. |
ExposureIQ provides customizable aggregation and user-defined rules for accumulation, confirmed by product documentation. | |
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Frontier Monitoring System alerts when policies cross user-defined concentration thresholds at any aggregation level. |
Frontier monitoring is available, with user-defined alerts for when concentrations cross thresholds at various aggregation levels. | |
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Real-Time Data Refresh Rate Frequency at which exposure data is refreshed in the system. |
No information available | |
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Maximum Record Capacity The total number of exposure records (e.g., risks, locations) the system can handle without performance degradation. |
No information available | |
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Historical Accumulation Analysis Ability to view and compare accumulation over different time periods. |
Historical accumulation views and time-based comparisons are part of dashboard options described for the product. | |
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Multi-Portfolio Support Ability to monitor exposures across multiple insurance portfolios simultaneously. |
ExposureIQ supports multi-portfolio management as one of its core features. | |
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Scenario Based Accumulation Capability to simulate accumulation impacts based on event or scenario parameters. |
Scenario-based accumulation and event footprint overlays are advertised features, including simulations based on hypothetical or actual events. | |
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Drill-Through Capabilities Ability to navigate from portfolio to location or individual risk details directly. |
Drill-through from portfolio-level views to location and risk details shown in product screenshots and demos. | |
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Exposure Heat Maps Visual overlays of exposure accumulations, typically on maps or charts. |
Heatmaps and visual overlays of exposure by geography are prominent in ExposureIQ's key features. | |
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Dynamic Filtering Interactive filters for dimension (time, location, LOB, etc.) slices on exposures. |
Dashboard screenshots and product literature confirm dynamic filtering by time, location, LOB, etc. | |
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Alert Threshold Customization Ability for users to set and adjust customized threshold levels for alerts. |
Customized alert thresholds are user-configurable based on documentation and demo walkthroughs. | |
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Automated Breach Notifications Automatic notification (email, SMS, dashboard alert) to stakeholders when accumulation thresholds are breached. |
Automated alerts (email, dashboard) when accumulation thresholds are breached are specifically listed in product specifications. |
Data Integration and Management
(10 Yes /10 Known /11 Possible features)
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Multi-Source Data Integration Support for integrating policy, claims, reinsurance, cat modeling, and third-party data sources. |
Integrates multiple data sources, including policy, claims, reinsurance, and third-party cat models per RMS documentation. | |
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API Availability Availability of APIs for inbound and outbound data transfers. |
Open APIs are listed as a core technical feature of ExposureIQ for data integration. | |
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Data Validation Built-in data quality and validation checks during import and processing. |
Data quality and validation checks during import are mentioned as standard data ingestion practices. | |
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Batch Upload Support Allows batch loading/updating of large datasets. |
Product documentation and integration guides describe bulk/batch data upload support. | |
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Data Versioning Maintains different versions of data loaded for auditing and rollback. |
ExposureIQ maintains data version history for audit and rollback purposes. | |
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Cross-System Reconciliation Ability to reconcile exposure data across systems and highlight discrepancies. |
Features highlight cross-system reconciliation between ExposureIQ and other RMS/cat platform modules. | |
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Mapping Tools Tools to map and transform incoming data fields to standardized system schema. |
Mapping and data transformation tools for incoming data are part of onboarding/integration process, per documentation. | |
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Automatic Geocoding Converts address data into latitude/longitude for spatial analysis. |
Automatic geocoding from address to lat/lon is supported and essential to the platform's geospatial analysis. | |
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Data Encryption Supports encryption of data both at rest and in transit. |
Data is encrypted at rest and in transit, using industry-standard encryption (e.g., AES-256), as per RMS security whitepaper. | |
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File Format Compatibility Supports multiple file formats (CSV, Excel, JSON, XML) for data ingestion and export. |
Supports import and export in standard formats including CSV, Excel, and JSON, as per documentation. | |
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Data Retention Period Length of time data is stored and accessible in the system. |
No information available |
Analytics and Reporting
(9 Yes /9 Known /10 Possible features)
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Pre-Built Reports Availability of standard reporting templates (e.g., accumulation by region, top 10 accumulations, trends). |
Standard and pre-built reports—such as accumulation by region—are showcased in product brochures. | |
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Custom Report Designer Tools that enable users to design and build custom reports. |
Custom report builder and ad-hoc reporting is available within the ExposureIQ platform. | |
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Scheduled Reporting Automated generation and distribution of reports based on a predefined schedule. |
Users can schedule automatic distribution of reports to stakeholders, as per UI documentation. | |
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Ad Hoc Query Capability Users can perform ad hoc queries on exposure data within the system. |
Ad hoc querying capability is available as highlighted in product technical descriptions. | |
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Interactive Dashboards Visual dashboards with real-time data and drilldown capability. |
Real-time, interactive dashboards confirmed in solution overview and demo videos. | |
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Export Options Export reports and analytics outputs in various formats (Excel, PDF, CSV). |
Supports exports in multiple report formats (Excel, PDF, CSV). | |
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Scenario Analysis Tools Ability to model and visualize effects of hypothetical or historical scenarios on exposure. |
Scenario analysis is a major functionality, allowing modeling of both hypothetical and real-world events. | |
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Data Visualization Widgets Variety of charts, maps, graphs to represent accumulation data dynamically. |
Includes various visualization widgets including charts and maps, core to ExposureIQ's UI. | |
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Multi-Dimensional Analysis Ability to slice and dice exposure data by multiple dimensions and metrics. |
Multi-dimensional analysis (by geography, LOB, time, etc.) is key part of the analytical functionality. | |
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Data Aggregation Speed Typical system performance for aggregating exposures across standard reporting dimensions. |
No information available |
Catastrophe Modeling Integration
(8 Yes /8 Known /8 Possible features)
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Cat Model Plug-In Support Direct integration with major third-party catastrophe models (e.g., RMS, AIR, others). |
ExposureIQ's value proposition includes direct integration with RMS catastrophe models and other third-party models. | |
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Exposure Data Export for Modeling Ability to export exposure data in formats usable by catastrophe modeling software. |
Exposure data can be exported for use by RMS and third-party cat modeling tools. | |
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Return Period Curve Overlay Overlay exposure accumulations with modeled loss exceedance probability curves. |
Modeled loss exceedance probability curves can be overlaid with accumulations within ExposureIQ per marketing materials and screenshots. | |
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Scenario Running within Platform Users can run cat model scenarios directly inside the exposure management system. |
Running catastrophe model scenarios directly in the ExposureIQ UI is a promoted feature. | |
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Event Footprint Import Ability to import event footprints from modelers and overlay on current exposure data. |
Imports footprints from RMS (and potentially other) event modelers, allowing overlays on current exposure. | |
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Event Response Workflow Workflows for rapid accumulation and loss estimation after a major (real-world) catastrophe event. |
Event response workflows for loss estimation after catastrophes are described in use case documentation. | |
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Probabilistic and Deterministic Event Support Ability to analyze exposure using both cat model types. |
Probabilistic and deterministic analysis available via RMS and third-party integrations in ExposureIQ. | |
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Model Version Control Support for managing multiple versions/updates of catastrophe models and their outputs. |
Multiple versions of catastrophe models can be managed, given core integration with RMS model suite and version control features. |
User Experience and Usability
(5 Yes /5 Known /9 Possible features)
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Customizable Workspaces Users can personalize dashboards, views, and layouts. |
Users can customize dashboards, layouts, and saved views as a core usability feature. | |
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Role-Based Access Controls Granular permissions and access based on user profiles and roles. |
Supports role-based permissions and controls via admin settings, as part of enterprise platform features. | |
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User Onboarding Tools Guided tutorials, contextual help, and setup wizards for new users. |
Product helps with guided onboarding and step-by-step user setup, confirmed in documentation. | |
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Accessibility Compliance Meets accessibility standards (e.g., WCAG 2.1) for users with disabilities. |
No information available | |
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Mobile Responsive Design Platform is accessible and usable on mobile and tablet devices. |
ExposureIQ is marketed as cloud & mobile accessible; UI renders on tablets and browser, supporting mobile responsive design. | |
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Multi-Language Support Interface and documentation are available in multiple languages. |
No information available | |
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Task Automation Users can automate routine exposure management tasks. |
Supports rule-based automation and workflow triggers, including routine accumulation and reporting tasks. | |
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Favorites and Shortcuts Quick access to frequently used functions or portfolios. |
No information available | |
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Session Timeout Settings Configurable time for user session timeout for security. |
No information available |
Security and Compliance
(8 Yes /8 Known /9 Possible features)
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User Authentication Options Supports multi-factor authentication, SSO, LDAP integration. |
ExposureIQ supports SSO and can be integrated into enterprise auth (including MFA/LDAP/AD). | |
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Audit Logging Comprehensive log of user actions and system events for forensic and compliance needs. |
Comprehensive audit logging is standard for RMS cloud solutions, including ExposureIQ. | |
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Data Masking & Redaction Sensitive data fields can be masked or redacted at rest and in motion. |
Sensitive data masking/redaction features confirmed in product security documentation. | |
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Granular Access Controls Detailed control over data and action access at the field, record, and report level. |
Granular access to data and actions is supported via admin permissions, as standard in ExposureIQ. | |
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GDPR/CCPA Readiness Features and documentation supporting global data privacy regulations compliance. |
RMS documents GDPR/CCPA compliance support. | |
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Penetration Testing Frequency How often system undergoes penetration testing. |
No information available | |
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Encryption Standards Level/type of encryption used (e.g., AES-256). |
Uses industry-standard encryption (AES-256) as per product and security literature. | |
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Incident Response Procedures Documented and automated procedures for handling security incidents. |
Incident response and security event procedures are part of RMS risk management documentation. | |
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Regulatory Audit Trail Provides evidence required for audits by regulators. |
Regulatory audit trails maintained as part of ExposureIQ's compliance features. |
Performance and Scalability
(3 Yes /3 Known /7 Possible features)
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Maximum Concurrent Users The maximum number of users who can reliably use the system simultaneously. |
No information available | |
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Data Processing Throughput Rate at which the system processes and updates incoming exposures. |
No information available | |
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System Uptime SLA Service level agreement for system availability. |
No information available | |
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Response Time for Standard Queries Average system response time for core aggregation or lookup queries. |
No information available | |
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Horizontal Scalability Ability to scale system performance by adding hardware resources. |
Horizontal scalability inherent to cloud-native design, per RMS cloud documentation. | |
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Auto-Scaling System can automatically adjust compute resources based on workload. |
Auto-scaling is supported as part of the cloud framework for RMS apps. | |
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Peak Load Handling System can handle specified peaks in data or user activity without performance loss. |
Designed for high-load/peak handling for catastrophe response scenarios, per use cases. |
Reinsurance and Treaty Management
(7 Yes /7 Known /7 Possible features)
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Treaty Terms Ingestion System can import and model reinsurance treaties, terms, and layers. |
Treaty term ingestion/modeling is available as ExposureIQ integrates with RMS TreatyIQ. | |
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Ceded Risk Calculation Calculates the net retained and ceded exposures to reinsurers. |
Calculates net retained and ceded exposures using treaty data, available via RMS TreatyIQ integration. | |
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Retrocession Modeling Supports modeling of further retrocession arrangements on top of primary treaties. |
Supports retrocession modeling as part of layered treaty features in the ExposureIQ/TreatyIQ ecosystem. | |
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Pro-rata and Excess of Loss Support Handles both proportional and non-proportional reinsurance structures. |
Handles pro-rata and excess of loss structures, supported by treaty modeling integrations. | |
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Automated Treaty Application Automatically applies treaty rules across exposures for accumulation scenarios. |
Automated treaty application is a core part of ExposureIQ when integrated with TreatyIQ. | |
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Treaty Expiry Alerts Notifies users as treaties approach expiration, to avoid coverage gaps. |
Treaty expiry alerts are supported as documented in RMS product integration workflows. | |
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Multi-Treaty Layer Support Can model multiple treaties and layers in combination. |
Multi-treaty support available via interconnected TreatyIQ and ExposureIQ modeling. |
Workflow and Collaboration Tools
(7 Yes /7 Known /7 Possible features)
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Exposure Review Workflow Structured approval and review processes for new risks or accumulation changes. |
Workflow for exposure review and structured approval is supported as part of enterprise exposure/risk governance. | |
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Commenting/Annotation Capabilities Users can comment on, annotate, or flag records and reports for collaboration. |
Users can annotate/comment on records and share within collaborative tools. | |
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Task Assignment Assign and track exposure-related tasks among users/teams. |
Task assignment and progress tracking are offered as collaboration tools in ExposureIQ. | |
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Notification Center Central feed of alerts, assignments, and reviews. |
System provides notification feed for workflow, assignments, and alerts. | |
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Automated Escalation Automatically routes unresolved issues to management after configurable time. |
Automated issue escalation routing is available in workflow and notification settings. | |
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Integration with Messaging Platforms Connects to Slack, Teams, or email for notification and collaboration. |
Integration with platforms like Teams and Slack is listed for notifications and collaboration. | |
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Change Tracking Full version history of exposure changes and administrative actions. |
ExposureIQ tracks all changes with version history for exposures and portfolio data. |
Third-Party Integrations
(6 Yes /6 Known /6 Possible features)
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Core Insurance Platform Connectivity Pre-built connections to common policy admin, claims, or billing systems. |
Pre-built connectors to RMS and other core systems are described in technical integration documentation. | |
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GIS and Mapping Data Feeds Ability to consume external mapping, hazard, and data enrichment feeds. |
GIS and hazard mapping data feeds are natively supported and promoted as key value. | |
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External Event Notification APIs Receives notifications of real-world events (e.g., earthquakes, hurricanes) from third parties. |
Receives notifications of real-world cat events from RMS and third-party feeds. | |
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Regulatory Reporting Integration Automates export in required formats for regulatory reporting. |
Automates regulatory reporting outputs in required formats, part of compliance module. | |
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Document Management Systems Integrates with enterprise document storage and retrieval platforms. |
Integrates with document management systems for archival and retrieval. | |
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Single Sign-On (SSO) Providers Supports integration with enterprise authentication systems for user login. |
Supports single sign-on with standard enterprise identity providers, confirmed by documentation. |
Implementation and Support
(4 Yes /4 Known /7 Possible features)
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Implementation Timeframe Typical time required from project start to go-live. |
No information available | |
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Training Materials Availability of comprehensive documentation, training courses, and user guides. |
Comprehensive online documentation, user guides, and training courses are available. | |
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Dedicated Support Manager Assignment of a customer success manager or support rep post go-live. |
Dedicated customer support manager/service is a standard RMS SaaS feature. | |
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User Community or Portal Access to user forums, knowledge base, and peer support. |
RMS offers a user portal and community for peer support, guides, and forums. | |
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Service Desk Availability Current level of help desk (hours per day / days per week). |
No information available | |
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SLAs for Issue Resolution Defined timeframes for system issue troubleshooting and resolution. |
No information available | |
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Customizable Onboarding Supports customized onboarding experiences for different clients/teams. |
Onboarding process is configurable for enterprise clients, based on integration and setup guides. |
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