Audience
Insurers searching for a data-driven intelligence solution to improve the process of measuring and managing risks
About Milliman
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 hyper-scale cloud technology and innovative statistical approaches, we can help you discover powerful hidden insights. We handle regulatory assistance for both P&C and life insurance. Get help with the actuarial aspects of financial exams, rate filing, and model reviews related to catastrophic risk. We handle model review for both P&C and life insurance. Validate internal and third-party catastrophe modeling to reduce risk exposure and improve decision-making. 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.
Other Popular Alternatives & Related Software
Moody's Analytics AXIS
Moody’s Analytics AXIS actuarial system is a powerful modeling solution, used by insurers, reinsurers, and consultants for actuarial analysis of life insurance and annuity business. The AXIS actuarial system emphasizes performance, ease of implementation, flexibility, robustness, scalability, and transparency at lower cost of use. It delivers the flexibility to deploy large-scale computing power through an advanced cloud-based delivery platform or installed software. A flexible vendor-maintained actuarial system handles multiple applications such as reserving, asset and liability management (ALM), pricing, financial modeling, capital calculations, hedging, and financial frameworks. Project future monthly cash flows from starting liabilities and invested assets, for up to 100 years. Evaluate blocks of business using deterministic or stochastic projections of profitability and movements in surplus; evaluate the impact of reinsurance or changes in premiums and other plan values.
Learn more
Milliman Integrate
Milliman Integrate is a comprehensive cloud-based actuarial modeling and reporting solution designed to transform actuarial processes within the life insurance industry. Building upon the legacy of MG-ALFA, Integrate offers a paradigm shift by combining advanced technology with professional services and operational support. This integration enables actuaries to efficiently manage complex financial models, ensuring scalability, reliability, and enhanced governance. The platform provides extensive support for all major asset classes and insurance products, facilitating both point-in-time valuations and intricate multi-dimensional projections. By centralizing data, modeling, and reporting, Integrate streamlines actuarial workflows, granting faster access to critical insights for effective risk and opportunity management. Its cloud-native architecture ensures robust disaster recovery capabilities and seamless scalability, allowing firms to adapt swiftly to evolving requirements.
Learn more
SmartCompliance
Insurance tracking and compliance management solutions. Self-service & full-service solutions that automate certificate of insurance or proof of insurance renewals, eliminate manual data entry, & help ensure compliance. COI tracking software and services that manage the time-consuming process of collecting certificates of insurance, sending renewal requests and confirming third-party compliance. Proof of insurance tracking software and services that help property managers easily track tenant policies to ensure coverage & compliance with renter’s insurance requirements. Certificate issuance solution and services that relieve the burden of creating, delivering, storing and managing certificates of insurance. Experience for yourself why SmartCompliance is the most trusted provider for certificate of insurance or proof of insurance tracking, issuance, and compliance management.
Learn more
Xceedance
Xceedance offers comprehensive catastrophe and exposure management services designed to enhance risk assessment and operational efficiency for insurers. Processing over 120,000 insureds daily, their solutions encompass data standardization, risk assessment, portfolio management, and research-driven technology applications. With more than 50 automation tools and three platform frameworks dedicated to data cleansing, visualization, and model integration, Xceedance enables insurers to make informed, data-driven decisions. Their approach integrates insurance expertise with advanced analytics, facilitating efficient workflows that reduce manual tasks and optimize costs. Additionally, Xceedance provides on-demand catastrophe modeling services, offering flexible, pay-per-use access to over 40 catastrophe models without the need for client infrastructure or annual licensing fees. This service allows insurers to manage exposure and perform predictive modeling effectively.
Learn more
Integrations
Company Information
Milliman
United States
www.milliman.com/en/insurance/analytics
Videos and Screen Captures
Other Useful Business Software
PRTG Catches Network Issues Before They Cause Downtime
Reactive troubleshooting usually means hearing about a problem from frustrated users, not your monitoring tool. PRTG sets threshold-based alerts across devices, servers and applications, notifying your team by email, SMS or push the moment a metric crosses a set limit. That means catching a failing disk or overloaded server before it becomes an outage and getting time back from firefighting. Start a free trial and set your first alerts today.
Product Details
Platforms Supported
Cloud
Training
Documentation
In Person
Videos
Support
Phone Support
Online
