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Homeowners and insurers face massive losses as wildfires burn like never before.
Climate change and real estate development mean wildfires are growing bigger and more destructive, threatening families and their greatest assets: their homes. Now insurance companies must meet this increasing risk responsibly, with an eye toward the future.
That’s why insurers are joining forces with modelers, scientists, and fire service leaders to better quantify wildfire risk. Together, we can harness data and technology to help anticipate fires, mitigate their damage, and protect everyone. Explore how.
Milliman worked with researchers, local leaders, and other experts to create a sustainable future for the community, which was devastated in 2018 by the most destructive wildfire in state history.
Wildfire is not going away—but Milliman’s collaboration with firefighters and modelers is helping expand insurance access and create sustainable communities.
Drawing on our unique expertise in risk, we’ve united experts from insurance, government, academia, and non-profits to help anticipate and address the most pressing climate problems.
A blueprint for helping insurers offer credits when homeowners and communities take steps to protect property.
Understanding, evaluating, and using the best tools available for predicting risk from natural disasters.
What can other countries learn from Australia’s “Black Summer” fire season?
Wildfires don’t just damage property. Learn how smoke affects health in people nowhere near the flames.
During the 2020 season, wildfires destroyed more than four million acres—double the loss from the previous two years combined.
As a record-hot summer finally cools off, Milliman leaders discuss the…
Catastrophe models are typically used to develop insurance rates for low-…
Amid news of large insurers leaving homeowners’ markets across the country…
Milliman has an established expertise in WUI risk analysis through extensive…
The third RFF Live event in the "Sparking Solutions" event series examining the…
How a well-governed and structured insurer can build a lasting enterprise-risk-…
To better understand its exposure to wildfire, the California Fair Access to…
As the 2020 wildfire season exceeds historical norms, California insurers and…
Wildfire risk has become a key focus of California property insurers.
Milliman PinPoint delivers relevant geographic rating insights to your system at the point of decision through a simple API.
Market baskets are portfolios of hypothetical risks with realistic distributions of characteristics used for property and flood insurance pricing.
Milliman Appleseed is an advisory organization licensed to submit loss costs, rating factors, and risk scores with state insurance regulators across the U.S.
Understand the impact of a large event on your portfolio, including analysis of loss-expected contract carve outs.
Plan for climate-related issues with sophisticated models representing more than 30 years of expertise.
Ask the tough questions. We’re ready for them.