About RMS Solutions, Inc.
As a small, independent and well connected management consulting firm, RMS Solutions, Inc. has the ability to tap into a network of experienced industry professionals possessing the skills necessary to address the challenges that our clients face on a daily basis. We pride ourselves in providing customized, in-house quality services in an objective and cost efficient manner. Having been in the decision maker's shoes, we know the risks involved with action as well as inaction and the importance of a well-informed decision making process.
After gaining a comprehensive understanding of structural and operational risk factors, we explore all practical alternatives to present an array of potential solutions with their respective implications to our clients. Through an exhaustive analysis process we are committed to making a significant contribution toward improving our client's business performance.
We believe in developing long-term client relationships through personal contact with executive decision makers as well as the personnel responsible for implementing the select business strategies. From the very first meeting to the presentation of the final analysis, we take the time to provide a thorough understanding of our analysis process and explain the rationale behind our recommendations.
With each engagement we measure our success by the value we add to our client's performance. Establishing clear expectations at the outset, adjusting to changing objectives and keeping our clients abreast of our progress is our way of ensuring client satisfaction. Our success is completely dependent on our client's satisfaction.
Peter S. Rauner, Founder and President, is an insurance professional with extensive background in actuarial, underwriting, claims, regulatory compliance and information systems design. During more than 15 years working for medium and large size, international insurance corporations, Pete has worked closely with multi-disciplinary executive teams to design and coordinate the implementation of effective primary and reinsurance business strategies to analyze and manage their risk portfolios. Prior to founding RMS Solutions, Inc., Pete's ability to lead has demonstrated itself through various roles including Assistant Vice President with CNA Insurance Companies, MMI Companies and The St. Paul Companies.
In 2001, Pete formed RMS Solutions, Inc. to provide management consulting services to providers and consumers of the property and casualty (P&C) insurance industry. As a consultant, Pete brings a well rounded background and a unique perspective to assist clients identify and manage their exposure to business risks. In this capacity, Pete has assisted clients through the regulatory processes of attaining certificates of authority (COA) to write insurance on an admitted basis, formation of captive insurance companies in both domestic and offshore domiciles and approval for P&C rates, rules and forms. Pete has also provided consulting services in many other areas including loss reserve certification, ratemaking, statutory financial modeling, large account pricing, expert testimony, assumed reinsurance run-off, ceded reinsurance treaty analysis and product development.
Pete has attained the highest designation, Fellow, offered to members of the Casualty Actuarial Society (CAS) and has been a member of the American Academy of Actuaries (AAA) since 1995. Pete holds a Master of Arts degree in Actuarial Science from Ball State University, Muncie, Indiana and a Bachelor of Arts degree in Mathematics from Earlham College, Richmond, Indiana. Pete is recognized and approved by regulatory authorities as an actuarial specialist in both domestic and offshore jurisdictions and is a member of the AAA's subcommittee on Medical Malpractice.