concern hire rms
Climate analytics firm One Concern hires RMS' Kinsella for P&C sales - Artemis.bm
One Concern, a resilience-as-a-service solutions provider with a focus on providing upfront information on potential financial impacts of climate related loss events, has appointed former RMS employee Tim Kinsella as its Executive Director, Sales – P&C Insurance. One Concern offers climate related analytic services with a unique approach of using artificial intelligence to try and understand, estimate, and forecast, the potential implications and losses from climate and weather catastrophes. Earlier this year, the company launched its first full digital twin, alongside a data service to help companies understand the implications of events, which we explained at the time has ramifications and provides a glimpse of the future that can help in designing risk transfer and insurance-linked securities (ILS) products. Now, in a sign of One Concern's increasing focus on the insurance and reinsurance sector and how its products can both help carriers understand risks in their portfolios, as well as develop new risk transfer products such as using parametric triggers, the hiring of Kinsella signals an increasing push to gain insurance and reinsurance industry clients. Kinsella was a Senior Client Director at catastrophe risk modeller RMS for almost four years, having joined the firm at the beginning of 2019.