In an era of increased awareness of technological advances in management,business, communication and marketing, excellence in strategy formulation and management is a necessity for high performance businesses. We help our customers reach their pinnacle. Offering complementary expertise- not a duplication of existing resources – RMS provides cost- effective and profitable Insurance and Risk Management solutions.
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Stay Safe This Season
Keep the minimum stopping distance from the car ahead. Keep off your phone; even a handsfree call can be distracting. Stay on well lit, populated roads despite traffic, particularly at night. If you are alone, take photos of the accident from inside the car and if you feel unsafe – agree to meet atMore
Renewal Rates
Renewal Rates: Is a Turnaround in Sight? With US$344 billion in global economic losses, 2017 was the costliest year on record for weather disasters, according to Aon Benfield’s catastrophe model development team. Weather related events caused 97% of the 330 natural catastrophe events in 2017. Losses from natural catastrophe events were 93% higher thanMore
Hurricane Tips
HURRICANE SEASON June 1 – Nov 30 Record your possessions Keep important information in a safe deposit box or waterproof container. This file should contain: A copy of important documents, including insurance policies A household inventory. Keep receipts and photograph/video records of major household items and valuables and have jewellery and artworkMore
Hurricanes Highlight Insurance Problems for Apartments and Townhouses
This year’s devastating hurricanes spotlight a major insurance issue for local apartment, condo and townhouse owners. Unless the properties share a single insurance policy, there may be problems with claims. Townhouses share walls and sometimes roofs. Apartments and condominiums may also share floors and ceilings. If adjoining properties have different policies, the insurers share theMore
FLOOD
Educate Yourself 1. Safeguard your possessions Create a personal flood file containing information about all your possessions and keep it in a secure place, such as a safe deposit box or waterproof container. This file should have: A copy of important documents, including insurance policies with RMS’ contact information (625-1091 – 7; risk@rms.co.tt) AMore
Tornadoes Twisters and Trinidad
TORNADOES, TWISTERS AND TRINIDAD (by Tarran Dookie ) What are tornadoes? A tornado is a localised and violently destructive windstorm occurring over land characterised by a funnel-shaped cloud extending toward the ground. Most tornadoes form from thunderstorms. When warm, moist air masses and cool, dry air masses meet, they create instability in the atmosphere. AbundantMore
IS DAMAGE CAUSED BY A METEORITE COVERED BY INSURANCE
IS DAMAGE CAUSED BY A METEORITE COVERED BY IINSURANCE? (by Tarran Dookie) On February 15th, 2013 a meteor exploded over the Russian city of Chelyabinsk in the Ural mountains (population: 1 million). Six other cities beside Chelyabinsk were affected. It caused injuries to some 1500 persons, mostly from shattered glass. According to the Russian Academy of Sciences, theMore
Insurance Market Overview
Insurance Market Overview 2015 As the insurance industry continues to evolve, we have to ensure that the business environment in which we operate remains stable. Insurance represents the second biggest influence on money supply in our economy and as such, the industry plays a significant part in the overall health of the local economy. Rates offered by theMore