Milliman has stood at the forefront of the actuarial consulting profession practically since its beginning. In the late forties, renowned actuary and insurance industry veteran Wendell Milliman launched the first such consultancy in the Pacific Northwest. He was later joined by a brilliant young actuary named Stuart A. Robertson, and together they established Milliman & Robertson, Inc.—a truly visionary company that quickly developed into one of the nation’s most influential actuarial consulting firms.

Early on, Milliman and Robertson created and nurtured a unique corporate culture that placed a high value on the independence of its consultants, both from the distractions of outside ownership and the bureaucratic impediments of more conventional business models. Independence, they believed, would promote groundbreaking and truly unbiased consulting work which, in turn, would attract clients looking for innovative solutions and unfettered professional advice. They also felt that such an unconventional and equitable working environment would help them recruit the best minds in the industry. Their experiment was a success and the firm’s reputation flourished.

Through the years, this dynamic model has left Milliman uniquely positioned to both accommodate and influence change in the markets we serve. Always aligned with the needs of our clients, we have expanded our practice areas, introduced a number of critical nonactuarial services, developed industry-leading tools, and evolved into a seamlessly global organization. Today, thanks to the vision of our founders and key contributions from succeeding generations of principals, Milliman remains a driving force in the industry we helped define more than sixty years ago.