Navigate today’s most pressing health industry challenges with a leading global expert by your side.
Discover intelligent digital solutions to help improve outcomes, manage costs, and solve the toughest healthcare challenges.
Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
Financial modeling & industrialization
Insurance risk assessment
Retirement & Benefits
Deliver on the promises of the past and create smart solutions for the future.
Compensations & benefits
Benefit plan evaluation
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 behaviour of liabilities.
Ask the tough questions. We’re ready for them.