-

Milliman wins “Climate and sustainability consultancy of the year” in 2024 InsuranceERM Awards

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global actuarial, consulting, and risk management firm, today announced that the firm has won “Climate and sustainability consultancy of the year” in the 2024 InsuranceERM Climate Risk & Sustainability awards.

According to InsuranceERM, the Climate Risk and Sustainability awards recognize “individuals, teams, and companies that surpass client expectations and are the leaders in climate risk management.”

Milliman earned “consultancy of the year” for the firm’s collaborative and innovative leadership. Judges praised the firm for creating the Milliman Climate Resilience Initiative (MCRI), a global, multi-disciplinary team that is helping insurers, communities, and governments better understand and quantify climate risks, and for supporting clients globally on this complex issue.

“The firm is helping produce more meaningful climate scenario testing by performing independent evaluations of available catastrophe and climate models, helping insurers manage new and diverse data sources, and adapting these models and data to meet the unique business needs of each insurer,” said Nancy Watkins, a principal at Milliman and chair of the MCRI.

The judges also singled out a number of initiatives, including the firm’s collaboration with the UN Development Programme, its leadership on the Wildland-Urban Interface (WUI) Data Commons project, and Milliman’s work with the Society of Actuaries on the first certificate program focused on measuring and managing climate risk for actuaries.

“With more than 75 years leveraging its deep expertise, actuarial rigor, and advanced technology, Milliman is proud to be recognized for its work helping clients in the public and private sectors navigate urgent, complex challenges, and providing solutions for a world at risk,” said Dermot Corry, CEO of Milliman.

For more information, visit: www.milliman.com/mcri.
To learn more about the IERM awards, visit: https://www.insuranceerm.com/news-comment/insuranceerm-climate-risk-and-sustainability-awards-2024-winners-revealed.html

About Milliman

Milliman leverages deep expertise, actuarial rigor, and advanced technology to develop solutions for a world at risk. We help clients in the public and private sectors navigate urgent, complex challenges—from extreme weather and market volatility to financial insecurity and rising health costs—so they can meet their business, financial, and social objectives. Our solutions encompass insurance, financial services, healthcare, life sciences, 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

Rebecca Driskill
Milliman, Inc.
1 (646) 473 3017
rebecca.driskill@millimnan.com

Industry:

Milliman, Inc.

Release Summary
Milliman was named "Climate risk consultancy of the year" by InsuranceERM
Release Versions
English

Contacts

Rebecca Driskill
Milliman, Inc.
1 (646) 473 3017
rebecca.driskill@millimnan.com

More News From Milliman, Inc.

Milliman analysis: Public pension funded ratio drops to 83.7% amid March market turmoil, the first decline in a year

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. Only weeks after posting a new highwater mark in funded status during February, the PPFI plans’ funded ratio fell from 87.0% as of February 28 to 83.7% as of March 31. Conflict in the Middle East caused market downturns that drove this result...

Milliman analysis: Corporate pension funded ratio rises to 103.8% for fiscal year 2025, second consecutive year of surplus

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its 2026 Milliman 100 Pension Funding Study (PFS), the 26th annual analysis of the financial disclosures of the 100 largest U.S. corporate defined benefit pension plans. The funded ratio of the Milliman 100 pension plans increased to 103.8% in fiscal year 2025, up from 101.1% in 2024, improving the outlook for defined benefit pensions for a second consecutive year. The surplus...

Milliman Launches Healthcare Inflation ETFs (MHIG & MHIP) to Hedge the Rising Cost of U.S. Healthcare

SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today announced the launch of two active exchange-traded funds that seek to meet the rising cost of U.S. healthcare. The Milliman Healthcare Inflation Guard ETF (Ticker: MHIG) and the Milliman Healthcare Inflation Plus ETF (Ticker: MHIP) began trading today on NYSE Arca. Both ETFs are advised by Milliman Financial Risk Management LLC (Milliman FRM), a global leader in financial risk management to the retir...
Back to Newsroom