Leading risk modeling and analytics firm, RMS, has announced Colin Kerley as new senior vice president of the firm’s platform solutions.
In his new role Kerley will oversee RMS market and product development teams to improve business and strategic imperatives, reporting to Michael Steel, head of RMS global solutions practice.
Steel commented on Kerley’s appointment; “Colin brings a thorough understanding of the risk management and growth opportunities available to our clients when using best-in-class risk analytics to inform their decision-making.
“His knowledge and expertise will be central to our clients’ smooth adoption of solutions powered by RMS(one)® — an open, big data and analytics platform that is purpose-built for the insurance industry.”
Kerley joins from AXIS capital, where he worked as senior vice president with chief responsibilities in capital modeling, as well as acting as chief risk officer for AXIS’s European legal entities.
Before AXIS, he worked in the ReMetrics team at Benfield, and with the insurance-linked securities (ILS) team at Barclays Capital.
Kerley said; “While the industry has always been data-driven, we now have the compute power to take full advantage of that data. It’s an exciting opportunity for the industry, though one which requires a degree of caution; the risk management decisions made by our clients are backed by capital, which need to be informed by sound data analytics to avoid loss.
“That’s why RMS has designed the RMS(one) platform specifically for our industry. Risk analytics that are powered by a transparent and open analytics platform, provide the requisite safeguards for our clients and will unlock the full potential for growth that big data brings.”