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.
Insurance technology: 2024 and beyond
June 15, 2023, 8:00 AM – 12:00 PDT
Join us for this free virtual event exploring the innovations, opportunities, and challenges likely to shape insurance over the next decade.
Using predictive analytics and AI in insurance claims
Learn how to improve the outcome of your claims by integrating your data with AI.
Alternative assets for life insurers
Alternative assets can serve as attractive investments for insurers with long-term and relatively illiquid liabilities.
Read the most recent insurance thought leadership.
A beginner’s guide to the casualty actuarial language
If you’ve ever thought your actuary was speaking a foreign language, “How to speak casualty actuary 101” will help you navigate common terms and acronyms.
There are smarter ways to evaluate your insurance loss costs
Protecting assets in an unpredictable climate
New approaches to climate resilience.
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.
Milliman insurance products
Integrate
Automate and accelerate actuarial modeling 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.
Arius
Analyze unpaid claims liabilities with industry-leading stochastic and deterministic reserving tools and methods.
VEGA
Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.
NAVI
Dramatically reduce the time required for life insurance reserves and liabilities calculations with innovative modeling.
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 behavior.
Milliman Mind
Milliman Mind is a flexible and easy-to-use web-based platform that automatically converts Excel spreadsheets into more powerful models.
Retirement Income Security Evaluation (RISE Score)
The RISE Score™ provides an intuitive and easy-to-use way to determine potential gaps in retirement income and gauge retirement readiness.
Milliman insurance services
Asset/Liability Modeling & 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 modeling, 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 modeling
Assess the interplay of natural catastrophe exposures between internal divisions and across your company with advanced modeling.
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 modeling
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.