-

Milliman Receives Top Honors in InsuranceERM Americas Awards 2024

Comprehensive Cloud-Based Actuarial Modeling and Reporting Solution Recognized for Excellence as “Actuarial Modelling Solution of the Year” and “ALM Solution of the Year”

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a leading global consulting and actuarial firm, is delighted to announce that it has taken top honors in two categories in the InsuranceERM Americas Awards 2024 for its comprehensive cloud-based actuarial modeling and reporting solution, Milliman Integrate®.

The InsuranceERM Americas Awards celebrate outstanding risk management, actuarial, and risk modeling practices, as well as recognize top service and technology providers across the Americas.

Integrate has been thoughtfully designed to provide a seamless, automated, and rigorously governed process for actuarial modeling and reporting. By centralizing data, modeling, and reporting, actuaries can enhance efficiency and concentrate on high-value business analyses. Through collaboration between consultants and product specialists, Integrate has delivered significant actuarial modelling and reporting value to Milliman clients.

Tom Peplow, Milliman principal and director of product development, said, “Our consultants leverage Integrate for innovative work that helps (re)insurers make better strategic decisions. This work relies on our product professionals driving the tools forward to support innovation. Ultimately, our Integrate clients benefit from the creativity of both our consultants and product specialists.”

Given the evolving landscape of asset and liability management (ALM) within insurers, Integrate stands out with its innovative technology. Integrate’s subject matter experts collaborate closely with clients, ensuring a powerful synergy between cutting-edge tools and industry expertise.

Valea Coyne, Milliman consultant, said, "Milliman's Asset-Liability Management (ALM) functionality has been a game-changer across the Americas, offering a three-pronged approach to address the unique needs of re/insurers throughout the region, from the specialized Bermudian market to the broader landscape of North, Central, and South America."

Integrate is a trademark of Milliman, Inc., registered in the U.S., U.K. and France.

To learn more, visit: https://integrate.milliman.com/en/

About Milliman

Milliman is among the world's largest providers of actuarial, risk management, and technology solutions. Our consulting and advanced analytics capabilities encompass healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.

Contacts

Charisa McNair
Milliman, Inc.
Tel: 646.473.3113
Email: charisa.mcnair@milliman.com

Milliman, Inc.


Release Versions

Contacts

Charisa McNair
Milliman, Inc.
Tel: 646.473.3113
Email: charisa.mcnair@milliman.com

More News From Milliman, Inc.

Milliman analysis: Public pension funded ratio slips again, to 88.2% as of July 31

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the latest results of its monthly Public Pension Funding Index (PPFI), which analyzes data from the nation’s 100 largest public defined benefit plans. During July, the Milliman PPFI plans saw an estimated aggregate return of -0.1%—the same performance observed during June—which reduced their funded status from 88.7% as of June 30 to 88.2% as of July 31. The plans lost $38 billion in funded s...

90 Degree Benefits Selects Milliman SkySail to Optimize Pharmacy Benefit Management

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a leading global actuarial and consulting firm, today announced that 90 Degree Benefits has selected Milliman SkySail® to provide comprehensive pharmacy benefit management (PBM) consulting services.90 Degree Benefits has expanded rapidly in recent years, becoming one of the ten largest TPAs in the United States. As pharmacy costs continue to increase at an alarming rate, the need for a sophisticated, independent pharmacy benefit advisor has become increa...

Milliman AG 55 implementation survey finds life insurers moving quickly to address new reinsurance testing expectations

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today announced the results of its Actuarial Guideline LV1 (AG 55) life insurance industry survey, which examined how companies are responding to new asset adequacy testing expectations for certain reinsurance arrangements. The survey included responses from 23 companies, with 22 reporting that they were in scope for AG 55 testing. The results show that the industry has moved quickly toward cash flow testi...
Back to Newsroom