RMS announced Tuesday that it has appointed Cory Isaacson to the role of chief technology officer. He reports to CEO Hemant Shah and will lead the development of RMS(one).
Isaacson was previously founder and CEO of CodeFutures Corp., a big data analytics software development firm that has worked on the new design for the RMS(one) platform.
In addition, Chandler Hoisington has joined RMS as vice president of engineering and will report to Isaacson, as will Paul Winsberg, senior vice president of software development. Isaacson will remain a director and advisor to CodeFutures.
RMS(one) will allow companies in the insurance, reinsurance and insurance-linked securities industries to run RMS next-generation HD catastrophe models as well as to implement their own models and access the models of a growing ecosystem of third-party developers. RMS(one) is designed as an open exposure and risk management platform, where users will be able to express the full range of their exposures and contracts and implement their own analytics on a purpose-built and highly scalable cloud-based platform.