Navigate today’s most pressing health industry challenges with a leading global expert by your side.
ACO utilization & cost evaluation
Healthcare cost modeling
Insurance risk assessment
Medicare plan selection solution
Healthcare risk adjustment
Pharmaceutical claims analytics
Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
Property & casualty advisory services
Modern flood insurance program
Investment, advisory & trading services
Financial modeling & industrialization
Geographic rating insights
Premium comparison platform
Retirement & Benefits
Deliver on the promises of the past and create smart solutions for the future.
Pension administration & communication
Retirement benefits administration platform
Compensations & benefits
Benefit plan evaluation
Health & welfare benefits administration platform
Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
Auto policy underwriting
Software performance enhancement
Mortgage platform for investments & reinsurance
Solvency II reporting & compliance
This is a place where your ideas and insights make an impact. Where an independent, entrepreneurial spirit is an advantage. And where diversity of thought and experience makes us who we are.
Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security.
Establishing a valid and realistic risk profile of their business and fully understanding their company’s risk exposure are some of the biggest challenges life insurers face today.
Up to now, a full and flexible valuation of complex life insurance liabilities required a nested stochastic approach, involving millions of scenarios and unbearable runtimes.
But today, insurers can utilise innovative solutions such as liability proxy models, which serve the following purposes:
Milliman STAR Solutions - NAVI® is a powerful software solution based on Least Square Monte Carlo (LSMC). NAVI’s proxy modelling techniques help life insurance companies enhance their risk modelling by dramatically reducing calculation time within a flexible and robust process.
NAVI offers the following features:
NAVI not only helps insurers gain faster calculation of Solvency II metrics and updated liability figures but also enhances risk modelling and risk aggregation. The ability to quickly update liability values and economic capital forecasts will become a part of the strategic business decision making by improving insight into the risks and behavior of liabilities.
Ask the tough questions. We’re ready for them.