Moody's RMS
The incumbent catastrophe-risk-modelling platform for insurers and reinsurers. 400+ models spanning natural and man-made perils across nearly 100 countries; 250+ insurance and financial-services firms on the Intelligent Risk Platform. Acquired by Moody's for $2B in 2021.
www.rms.com ↗Score
- Traction (named carrier deployments)1 carrier deployment(s) with public source.
- 1/5
- Maturity (years since founding)38 years since founding (1988).
- 5/5
- Coverage (insurance lines supported)5 line(s) supported: auto, home, commercial, specialty, reinsurance.
- 4/5
- Analyst recognition (Celent / Gartner / Forrester / Everest / ISG)2 mention(s).
- 2/5
What it does
Moody's RMS is the incumbent catastrophe-risk-modelling platform for global insurers and reinsurers. RMS — Risk Management Solutions — was founded at Stanford in 1988 and was acquired by Moody's Corporation in 2021 for a reported $2 billion. The product is now branded and sold as part of Moody's Insurance Solutions; the Intelligent Risk Platform hosts the modelling engine, portfolio rollups, and event-response services.
Scope. 400+ models across nearly 100 countries, covering natural perils (hurricane, earthquake, wildfire, flood, winter storm, severe convective storm) and man-made perils (terrorism, cyber, casualty aggregates). 250+ firms on the Intelligent Risk Platform. Moody's also owns Cape Analytics (acquired January 2025), giving the stack a per-property pre-inspection layer under the cat modelling.
Where it sits in old → new → AI. Cat modelling is a near-duopoly at the modern rung — Moody's RMS and Verisk's AIR Worldwide / Extreme Event Solutions — with 30 years of calibrated model catalogues as an effective moat. AI-native disruption is active at the edges (new hazard models, ML emulators of physics-based simulations, AI-driven vulnerability curves) but has not displaced the incumbents' model depth. The next five years of category change will be about integration — how cat output feeds into real-time pricing, portfolio management, and reinsurance placement decisions — more than about model replacement.
Named deployments
- 250+ insurance and financial-services firms on the Intelligent Risk Platform (global)Moody's
Known limitations
- Catastrophe modelling is a near-duopoly between Moody's RMS and Verisk's AIR Worldwide (now Verisk Extreme Event Solutions). The per-carrier deployment surface is rarely published — most production deployments sit inside a reinsurance broker's placement rather than a carrier press release — so the traction axis on this fiche reflects the aggregate platform-count rather than a named customer list. (Artemis)