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ACO utilization & cost evaluation
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Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance.
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Deliver on the promises of the past and create smart solutions for the future.
Compensations & benefits
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Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
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Location-based rating intelligence, integrated with your decision systems
Location data enables you to optimize property insurance pricing and underwriting. However, building geospatial datasets is difficult—and integrating them with your business systems is even more so.
Integrate location-driven pricing, underwriting, and market knowledge into your systems quickly and easily.
Highly location-specific information fuels deeper competitive insights.
Get a complete solution with powerful data built-in—there's nothing to build or manage.
Configure data and algorithms to meet your rates, rules, and strategic needs.
Ensure up-to-date results with a solution that ingests and analyzes data 24/7.
Enable sustainable, profitable growth in location-sensitive lines of business.
Avoid the high costs of hiring traditional geospatial vendors or building a solution internally.
Rapidly change inputs and outputs.
Get started quickly and customize easily to meet your unique needs.
Free your people to focus on using location-based insights instead of managing technology and data.
Rely on geographic and actuarial experts for comprehensive support and services.
Milliman Bungalow is a private flood insurance plan that includes advisory loss costs, risk classification rating factors, and rating rules.
Identify new market sectors, pinpoint adverse selection, and make better pricing decisions with a web-based premium comparison tool.
Market baskets are portfolios of hypothetical risks with realistic distributions of characteristics used for property and flood insurance pricing.
Milliman provides the full range of property analytics a carrier needs to match price to risk, get better ratings, and improve profitability in the most difficult markets. We offer full support, from pinpointing trouble spots to getting rates approved.
Flood risk continues to be one of the most difficult perils to price for the homeowners insurance industry, and until recently, many have considered it to be uninsurable. As a result, flood insurance in the U.S. has traditionally been offered primarily through the National Flood Insurance Program, operated under the auspices of the Federal Emergency Management Agency, and a few private insurers. However, recent legislation -coupled with improved flood risk modeling, reinsurance and insurance market capacity, and consumer demand -is making the possibility of a private flood insurance market more viable.