CaribRM © 2010 - All Rights Reserved
Caribbean Risk Managers Limited
Commercial/Industrial Services
CaribRM has developed a broad range of expertise and experience as a Caribbean- and Americas-focussed natural hazards and
catastrophe risk consultancy. Utilising in-house hazard and risk modelling capabilities and with support from numerical hazard
modelling company, Kinetic Analysis Corporation, CaribRM builds bespoke catastrophe risk models on a client-specific basis. Models
enable quantification of catastrophe risk through provision of scenario-based probable maximum loss (PML) estimates and full loss
exceedance curve outputs. Models are designed to fully utilise available and newly collected data and provide meaningful uncertainty
estimates. Our catastrophe risk models are able to replicate losses for individual or multiple risk locations anywhere in the Caribbean
Basin.
CaribRM’s risk assessment team also provides rapid and independent assessments of catastrophe events from both a hazard and loss
perspective, and also offers independent advice on the science of natural hazards, including hurricane tracking and impact
forecasting. We distribute a quarterly bulletin describing natural hazards events across the broader Caribbean Basin as well as
individual post-event bulletins. Client-focussed real-time updates are also provided via secure client login to our servers.
CaribRM also provides advisory services to users of third-
party catastrophe models, helping to unravel the inner
workings of the ‘black-box’ solutions provided directly by
modelling companies or via brokers. Understanding the
input data and modelling process is vital in maximising the
benefits of outputs.
CaribRM’s risk surveying unit provides support to clients in
characterising and controlling their risks. We have survey
teams working out of both our Jamaica and Barbados
offices, covering the entire Caribbean Basin and specialising
in natural hazards risk.
Surveyors have a detailed regional knowledge and strong
technical experience, particularly in the hotel sector.
CaribRM has built in-house data collection and management
systems to ensure quality control and client satisfaction.