Insurance solutions
Analytics
Data-driven intelligence for insurers
Insurers are awash in data—the question is, how do you get value from it? Milliman is a leader in developing and applying analytics solutions to improve decision making, measure and manage risk, increase predictive accuracy, and automate complex tasks. Leveraging hyperscale cloud technology and innovative statistical approaches, we can help you discover powerful hidden insights.
Milliman analytics solutions
Financial projections and reporting
With our sophisticated modeling tools and global expertise, we can help you create accurate, actionable financial projections and reporting. We help you understand the implications of pending changes on reserves and capital to ensure continuous compliance—and use data to make effective strategic decisions.
Capital and asset-liability modeling
Whether it’s asset strategies and optimization, proxy modeling, or cluster modeling, our analysis is tailored to your needs, resulting in practical, actionable results. Our approach to risk management includes an emphasis on high frequency capital calculations, resulting in highly realistic assessments.
Experience analysis
Improve early identification of high-loss claims with advanced modeling methods. Gain maximum insight from existing claims data so you can increase efficiency and effectiveness of high-value claims personnel, consistently apply the best resources for improved claim triage, uncover claim-cost segments with previously unnoticed characteristics, and more.
Insurtech
We understand the data in the insurance ecosystem and have developed and worked with technologies that solve real business problems. We also have subject matter experts to help you transform your businesses with technology.
Rating and underwriting
We bring powerful analytic and cloud computing solutions to your rating and underwriting challenges. Our powerful platforms provide insights about rate adequacy, risk structure, pricing considerations, and profitability.
Predictive analytics and modeling
Combining traditional statistical methods with machine learning technology and innovative data mining techniques, our predictive tools proactively discover predictors in your portfolio. This give you clear, actionable results for a competitive advantage. Predictive analytics can help you precisely select and price business, reduce loss ratios, target the best opportunities, and more.