Notre société

Philip Simpson and Paul Sinnott discuss recently released embedded value reports on Europe and Asia.

Amazon faces many challenges as it works to expand its cloud computing business, known as Amazon Web Services (AWS).

The insurance industry has long lagged behind in IT adoption, even though insurers’ computing demands are on the rise. This Wired article profiles Milliman’s efforts to reverse the trend with its innovative systems transformation project for the U.K.’s Phoenix Group.

Saugatuck Technology recognizes four pioneering enterprises, including Milliman, whose innovative cloud applications improved their abilities to create and take advantage of new opportunities.

Adoption of Windows Azure public cloud helped MG-ALFA transform the actuarial workflow of its customers.

The U.K.'s Phoenix Group has selected Milliman to help it replace its legacy systems with a single actuarial modeling system. The upgrade will include Milliman's MG-ALFA® actuarial projection system and Daily Solvency Monitoring System (DSM). The project, slated for completion in 2013, will help Phoenix keep pace with the requirements of Solvency II and will also streamline the firm's technology into an automated, web-based system that makes use of cloud computing.

Note: One-time free registration is required to view this article.

In what is likely to be one of the largest actuarial system implementation projects ever undertaken, U.K.-based Phoenix Group has selected Milliman to provide its actuarial systems transformation project. The project is scheduled to be completed at the end of 2012, in time for Solvency II implementation. According to Nick Dumbreck, leader of Milliman's U.K. Life practice, the combination of Milliman consulting expertise, the MG-ALFA actuarial projection system, and the Daily Solvency Monitoring System will provide Phoenix with a solution for gaining Solvency II internal model approval, monitoring and managing risks on a daily basis, and driving internal operational efficiency savings.