Insurance

RMSI's software division has proven experience in providing software development and maintenance services to the Property and Casualty (P&C) insurance industry. Much of this experience comes from its partnership with a leading US-based provider of risk management solutions to the insurance and reinsurance industry, as well as through its work on risk management projects for governmental and international funding agencies.

RMSI has developed and maintained complex and domain specific products in the insurance and reinsurance domain, analytical tools and utilities for risk modeling, and has also developed risk management solutions for the government sector. In addition, RMSI provides Internet application development services to e-enable and integrate insurance business workflows.

Some RMSI projects include:
	Maintenance support for an Internet and Intranet based front-office product, providing effective insurance underwriting support
	Development of a B2B portal to provide insurance companies with an online platform to transact business, interact with one another and also provide product and service information to their clients.
	Consultancy services to improve the quality assurance and control processes of a Property and Casualty (P&C) insurance company for their two key products (involving e-submission and e-rating workflows), using state-of-the-art tools and techniques
	Development support for a complex and time-critical product for terrorism risk management
	Development support for an Internet based enterprise risk management product, enabling P&C insurers to evaluate their organization's capital adequacy and calculate risk-adjusted profitability
	Development of an integrated system to estimate and analyze earthquake for government agencies in planning earthquake loss mitigation, emergency preparedness, response and recovery
	Development and maintenance support for an ASP product offering data and analytical tools to structure and price weather contracts and for portfolio management
	Maintenance support for a desktop-based catastrophe risk management product, used by insurers and reinsurers for estimating losses for a single location or an entire portfolio of insured locations
	Development and maintenance of complex analytical tools for effective analysis and modeling of risks from natural perils (comprising natural hazard and man-made risk factors)

To view our complete service offerings for the insurance industry, please click here