Keeping Up With Changing CAT Modeling Technology

Perhaps no facet of insurance technology changes faster than that which supports catastrophe models. With research science and modeling capabilities advancing so rapidly, keeping abreast of the changes and building them into underwriting practices is vital. Indeed change is one of the few constants in the market. In August, Newark, Calif.-based Risk Management Solutions (RMS) announced it will bring high-performance computing to CAT modeling through its new Enterprise Grid Computing software.