INSURANCE
Because the world is underinsured.
Staying ahead of 100-year storms. Expanding coverage to vulnerable populations. Deciphering daunting new reporting requirements. Unlocking the promise of disruptive technologies while guarding against their risks.
These are just a few of the challenges on the desks of our insurance experts.The insurance industry of tomorrow will look nothing like today.
Innovation is the future of the insurance industry. From expanding access and reach to creating entirely new categories of products, we are at the forefront of the trends that will define tomorrow’s industry, while protecting the lives and property of people today.
Protecting assets in an unpredictable climate
New approaches to climate resilience.
Power in the Cloud: The Milliman and Microsoft Partnership
Milliman’s groundbreaking financial modeling and reporting solution, Integrate, is powered by Microsoft Azure. See how the two companies are working together to advance technology and drive innovation in insurance.
Big data. Small firm. Huge ambition.
When tech start-up HIPPO decided to launch a data-driven, consumer-friendly property insurance offering, they looked to Milliman for guidance and expertise. Watch the story behind the development of Hippo’s revolutionary new product.
Respect tradition. Just donʼt let it hold you back.
Managing modern regulations
Success by the numbers: Milliman financial reporting
Evolving regulatory and financial reporting standards are challenging to interpret and implement. Milliman provides end-to-end support Solvency II, IFRS, and US GAAP, as well as the implementation of economic capital (EC) models. With decades of experience, we have the historical understanding, agency relationships, and tools and expertise to streamline and improve compliance.
How Monterey is reinventing healthcare
Imagine a hospital. Now take away the blood bank.
Insurance innovation: A catalyst for social change
Investing in diversity
Sallie Krawcheck, Co-Founder and CEO of Ellevest, makes the case for diverse leadership to help companies identify both risks and opportunities for success.
Welcome to Integrate
Integrate represents a genuine paradigm shift in actuarial software, technology, and solutions. With the stakes as high as they are—from competitive pressures and increased regulatory complexity to the pace of change and threat of disruption—revolution is the clear way forward.
Read the most recent insurance thought leadership.
Milliman insurance products
VEGA
Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.
Milliman MIND
Milliman Mind is a flexible and easy-to-use web-based platform which automatically converts Excel spreadsheets into more powerful models.
Milliman Economic Scenario Generator
The Milliman Economic Scenario Generator is a cloud-native economic scenarios generator that provides advanced modelling capabilities for both risk-neutral and real-world applications. The Milliman Economic Scenario Generator delivers secured regulatory compliance as well as production efficiency through its reactive web interface and integration-ready API.
Integrate
Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.
Pixel
Identify new market sectors, pinpoint adverse selection, and make better pricing decisions with a web-based premium comparison tool.
NAVI
Dramatically reduce the time required for life insurance reserves and liabilities calculations with innovative modelling.
Milliman STAR Solutions
Comply with Solvency II regulations using a suite of specialised analytics, modelling, and reporting tools.
IntelliScript
IntelliScript combines industry-leading data and analysis to provide insurers the knowledge, tools, and insight to confidently assess risk.
Recon
Visually explore industry experience against your own and make intelligent decisions based on drivers of policyholder behaviour.
Milliman insurance services
Asset/Liability Modelling & LDI
Quantify financial impacts of pension plans with analysis designed to meet your circumstances, liability characteristics, and objectives.
Captive insurance consulting
Enhance your captive with risk retention alternatives, pricing and funding, financial modelling, and claims management.
Claims consulting
Lower loss and loss adjustment expense costs, get litigation support, and improve claims operations.
Bancassurance
Benefits from our expertise in the complete range of non-life insurance types including home, creditor insurance, accident, and motor.
Catastrophe modelling
Assess the interplay of natural catastrophe exposures between internal divisions and across your company with advanced modelling.
Catastrophe reserving and loss reserve verification
Understand the impact of a large event on your portfolio, including analysis of loss-expected contract carve outs.
Capital management
Assess capital requirements under a wide range of frameworks and get effective strategic advice on how to manage capital.
Economic capital modelling
Use capital more efficiently to protect against financial risk and comply with growing rating and regulatory requirements.
Embedded value
Get transparent, accurate embedded value calculations including European embedded value and market-consistent embedded value.