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Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
Deliver on the promises of the past and create smart solutions for the future.
Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
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Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security.
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Complex and unpredictable, flood hazards have typically been insured only by state or federal agencies and a select few private companies. Today, advanced modelling and data innovation are enabling the emergence of more options for those at risk.
As climate change increases flood risk, market response becomes ever more urgent. Combining property insurance ratemaking, advanced underwriting technologies, and pricing and profitability analysis, today’s flood insurance market is advancing toward a brighter future.
Re-examining one of the least-insured perils
Milliman Pixel can quickly give insurance companies an accurate picture of how competitive they are.
In recent years, the private flood sector has grown rapidly and will likely…
The visibility of climate’s impact on property hazard is increasingly…
Regular floods, whether due to hurricanes or simply heavy rainfall, are wreaking…
Identify new market sectors, pinpoint adverse selection, and make better pricing decisions with a web-based premium comparison tool.
Analyze a wide range of claims data to identify those likely to incur high costs, helping optimize management and reduce costs.
Milliman PinPoint delivers relevant geographic rating insights to your system at the point of decision through a simple API.
Understand the impact of a large event on your portfolio, including analysis of loss-expected contract carve outs.
Manage threats and opportunities related to complex non-financial risks among people, systems, and the external environment.
Embed ERM best practices into your organization to create a structured and sustainable business management process.
Improve flood insurance with independent flood rating and underwriting, ratemaking, and competitive analysis.
Uncover valuable information hidden in your data, allowing you to take action on key business insight.