RMS, the catastrophe risk modelling specialist company, has announced the hiring of reinsurance focused catastrophe analytics specialist Julie Serakos as its new Senior Vice President, Head of Model Product Management.
Serakos joins RMS from her most recent role at BMS Re, having spent more than 30 years’ working at reinsurance brokers around the world.
As Head of Model Product Management, Serakos will take responsibility for for global model product management across all climate, climate change, earthquake, and emerging risk models, while also overseeing global government and regulatory affairs.
She will report to Cihan Biyikoglu, Executive Vice President, Product at RMS.
Serakos most recently worked at reinsurance broker BMS Re, leading catastrophe analytics activities for more than ten years, while providing catastrophe analytics for reinsurance design, pricing, and marketing.
Before that, Serakos spent 14 years at Willis Re as Executive Vice President in a range of catastrophe management roles.
She is an Executive Director at the International Society of Catastrophe Managers, chairing the Credentials Committee and overseeing development of the Certified Specialist in Catastrophe Risk (CSCR) and Certified Catastrophe Risk Management Professional (CCRMP) exams, and Experienced Industry Professional pathway (EIP) application reviews.
Cihan Biyikoglu, Executive Vice President, Product, RMS, commented on the hire, “Julie’s experience, knowledge and understanding of the needs of the insurance and reinsurance industry will greatly enhance the range and opportunities across all the RMS products and services and how RMS and Moody’s work together to enhance offerings for better risk insights. RMS’s continued research and investment across all perils and risks means that clients can be confident they are always utilizing the best science and technology in their risk management processes.”
Julia Serakos, Senior Vice President, RMS added, “The risk landscape is continually growing and evolving. This can be clearly seen across climate change, cyber, and the continued growth of secondary perils such as wildfire, severe storm and flood. I am really excited to help RMS deliver products and services that directly match the needs and issues faced by the industry. Having worked with RMS for many years, it is great to now be working for RMS, delivering the solutions and strategies that help support clients, and the industry globally.”