Risk Management Solutions (RMS) is to open an office in Hamilton, Bermuda, making it the only catastrophe modelling firm with a local office in the Bermudan insurance and reinsurance centre.
Bill Keogh, managing director of the Americas region for RMS, said: "RMS has the most extensive client service network of any catastrophe modelling firm, and this investment expands that network to enable a new level of client service and local market support for our Bermuda market clients."
The new office will officially open for business in mid to late September.