Mission
RMS is the world's leading provider of products, services, and expertise for the quantification and management of catastrophe risk. RMS offers technology and services for the management of insurance catastrophe risk associated with a variety of natural hazards as well as products for weather derivatives and enterprise risk management for the P&C insurance industry. RMS also leads the market in risk modelling for man-made disasters associated with acts of terrorism.
There is currently an accelerating interest in harnessing catastrophe risk modeling capability for disaster risk reduction. We would like to be at the heart of the public-private partnership work for disaster risk reduction to show how high resolution modeling can be harnessed to drive those actions targeted to have the biggest and most cost effective impact on reducing the outcomes of future disasters.
RMS is a member of the Disaster Risk Reduction - Private Sector Partnership (DRR-PSP) and has committed to the 5 Essentials for Business in Disaster Risk Reduction.
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Voluntary Commitments
The Sendai Framework Voluntary Commitments (SFVC) online platform allows stakeholders to inform the public about their work on DRR. The SFVC online platform is a useful toolto know who is doing what and where for the implementation of the Sendai Framework, which could foster potential collaboration among stakeholders. All stakeholders (private sector, civil society organizations, academia, media, local governments, etc.) working on DRR can submit their commitments and report on their progress and deliverables.