RMS hires back Souch as Head of Global Models and Climate Risks

Catastrophe risk modelling specialist RMS has hired back a well-known industry executive who was previously an employee, with risk modelling, disaster and climate risk specialist Claire Souch rejoining the company as its new Head of Global Models and Climate Risks.

Souch will take charge as Head of global catastrophe and climate model products at RMS, leading on the expansion of core natural catastrophe models, the integration of climate risk factors to them, as well as on development of new climate risk focused models as well.

Announcing her new role on Linkedin, Souch said that this will include working on chronic climate related perils such as water stress, heat stress, sea-level rise and drought.

“I return to RMS in the middle of an extreme heatwave across western Europe, watching temperature records tumble and water stresses mounting across the world, as the demand for climate risk information is growing across insurance, banking, corporates, sovereigns and many others,” Souch said.

Souch had previously worked at RMS for fourteen years from 2000, working up through the catastrophe modelling organisation from risk analyst to senior vice president.

She then worked for French reinsurance company SCOR as its Global Head of Catastrophe Model Development & Evaluation, and became the reinsurers in-house expert on climate risk issues.

Souch then spent some time at an agricultural climate risk solutions startup, before becoming an independent consultant specialising in disaster and climate risk financing solutions for the commercial and public sectors.

This included a stint over the last just more than one year as a consultant to the World Bank’s Disaster Risk Financing & Insurance Program.

Souch has also been an Advisor to the Insurance Development Forum’s Risk Modelling Steering Group for more than six years.

Souch is extremely highly-regarded for her work in catastrophe and climate risk modelling, as well as disaster risk financing and her knowledge across both the public and private sector’s risk transfer needs will bring valuable experience to RMS.