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05 febrero 2019
Milliman wins two InsuranceERM awards with latest European insurtech offeringsParis—Milliman, Inc., a premier global consulting and actuarial firm, is pleased to announce that it has won two 2018-2019 InsuranceERM Awards for the firm’s insurtech offerings. Milliman Mind, a cloud-based platform which automatically converts Excel spreadsheets to more powerful models, was named “Best end-user computing risk management solution,” while Milliman CHESS (Cloud Hosted Economic Scenario Simulator), a cloud-based ESG web application, has won in the “Best ESG Software” category. Both insurtech products demonstrate the firm’s ability to solve important industry problems by pairing Milliman’s subject matter expertise with innovative thinking and solutions.
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08 agosto 2018
Milliman awards 16 Opportunity Scholarships in the program’s second yearSeattle—Milliman, Inc., a premier global consulting and actuarial firm, is pleased to announce the recipients of this year’s Opportunity Scholarship program. This scholarship program, now in its second year, was created to assist students from ethnic groups and races that are under-represented in the fields of actuarial science, data science, computer science, economics, programming, mathematics, statistics, data analytics, or finance.
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26 julio 2018
Milliman continues global expansion, opening new office in TurkeyIstanbul—Milliman, Inc., a premier global consulting and actuarial firm, today announced that it is expanding to Istanbul amidst growing demand for Milliman’s consulting services in the region. The Istanbul office will specialize in actuarial and strategic consultancy services for non-life, life and private pension, health, and employee benefits. Halil Kolbaşı, an experienced actuary who has worked both in the Turkish Treasury and with Turkish life and casualty insurers, will head the new office. This will be Milliman’s 14th location in Europe.
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25 junio 2018
Milliman expands Middle East operations, opening new office in IsraelTel Aviv—Milliman, Inc., a premier global consulting and actuarial firm, today announced that the firm is opening a new office in Tel Aviv, expanding its operations in the Middle East. The office will offer the full gamut of insurance and actuarial consulting services. Benny Gabbay, a leading figure in the Israeli insurance industry, and Daniel Sharon, until recently chief actuary of Phoenix Insurance Ltd, a leading Israeli insurer, will oversee the new office in Israel. Each brings a deep knowledge of the Israeli insurance market and over twenty years of industry experience to the firm.
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17 enero 2018
Milliman’s Arius named “Best reserving solution” in 2017 InsuranceERM AwardsSeattle—Milliman, Inc., a premier global consulting and actuarial firm, today announced that Arius®, Milliman’s advanced analytics loss reserving software for insurers and reinsurers, was named “Best reserving solution” in the 2017 InsuranceERM awards. Senior industry experts from across Europe and the U.K. served as judges for the award.
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05 diciembre 2017
Milliman debuts proprietary predictive modeling platform for advanced analytics and enhanced data managementSeattle—Milliman, Inc., a premier global consulting and actuarial firm, today announced it will debut its proprietary predictive modeling platform at the InsiderTech Conference held in New York on December 6th. Milliman’s recently-created analytics software, Solys, uses advanced computer languages, models, and machine-learning so that consultants can serve their clients with increased speed, reach, and cost-efficiency.
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17 octubre 2017
IASB names Milliman’s William Hines to Transition Resource Group for IFRS 17Seattle—Milliman, Inc., a premier global consulting and actuarial firm, is pleased to announce that Principal William Hines has been named an observer to the International Accounting Standards Board (IASB) IFRS 17 Transition Resource Group (TRG). IFRS 17, which was adopted in May, represents a significant change from current accounting practices and is expected to require substantial effort from companies to comply.
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12 octubre 2017
Milliman awards first global Opportunity Scholarships to students under-represented in actuarial fieldSeattle—Milliman, Inc., a premier global consulting and actuarial firm, is pleased to announce the winners of the firm’s first annual Milliman Opportunity Scholarship award, which was created to assist students from ethnic groups and races that are under-represented in the fields of actuarial science, data science, computer science, economics, programming, mathematics, statistics, data analytics, or finance.
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11 octubre 2017
MicroInsurance Centre to join MillimanSeattle—Milliman, Inc., a premier global consulting and actuarial firm, today announced that the firm has been joined by the MicroInsurance Centre (MIC), the internationally recognized consulting firm and microinsurance thought leader dedicated to generating access to valuable microinsurance products to 3 billion low-income people across the globe. Both firms share the common goal of working to protect the health and financial well-being of people everywhere.
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10 octubre 2017
Milliman: New smartphone-based driving risk score detects drivers that are 13 times more likely to crashSeattle—Milliman, Inc., a premier global consulting and actuarial firm, today announced a new innovation in the InsurTech space – a driving “risk score” created with tech start-up Zendrive that is up to six times more powerful than the leading predictive models.
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08 diciembre 2016
Milliman named Best Tech Vendor for Actuarial Modelling by Risk.netSeattle—Milliman, Inc., a premier global consulting and actuarial firm, today announced that it has been selected by Risk.net as the best tech vendor for actuarial modelling. For the second time in three years, Milliman is being recognized for its software solution Integrate™, which provides an innovative approach to support fully automated, end-to-end financial and risk modelling.
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31 octubre 2016
New graphing capabilities in Milliman’s Arius 2.9 offer solutions for data visualizationSeattle—Milliman, Inc., a premier global consulting and actuarial firm, announced today that it has released version 2.9 of Arius®, its state-of-the-art loss reserving system for property and casualty insurers. This is the eleventh major release of new functionality since Arius’ introduction three years ago. This update provides significant enhancements to the system’s graphing capabilities, giving actuaries a number of new analytical capabilities.
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18 octubre 2016
Milliman analyses embedded value reporting in the European insurance marketLondon—Milliman, Inc., a premier global consulting and actuarial firm, today announced the availability of new research detailing embedded value (EV) results for 23 major insurance companies in Europe. The report examines trends among companies reporting EVs as of year-end 2015. The report compares practises followed by major insurance companies and discusses EV reporting issues given the move toward Solvency II in Europe and the global adoption of International Financial Reporting Standards.
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19 julio 2016
Milliman releases Arius 2.8, with new documentation tools and the ability to build more complex analysis projectsSeattle—Milliman, Inc., a premier global consulting and actuarial firm, announced today that it has released version 2.8 of Arius®, its state-of-the-art loss-reserving system for property and casualty insurers. This is the tenth major release of new functionality since Arius’ introduction three years ago, and an eleventh release of new features is planned for fall 2016.
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31 marzo 2016
Milliman releases new analytics, dashboard and reporting capabilities in IntegrateSeattle—Milliman, a premier global consulting and actuarial firm, today announced the release of Integrate™ with Microsoft Power BI Embedded, a suite of business analytics tools to analyze data and share insights.
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21 enero 2016
Milliman opens new office in MalaysiaSingapore—Milliman, Inc., a premier global consulting and actuarial firm, today announced that it will open an office in Kuala Lumpur on March 1, 2016. The Kuala Lumpur office will offer employee benefits, life, non-life, and health insurance consulting services. Milliman has two other offices in South East Asia—in Jakarta and in Singapore—and now 12 in total in the Asia-Pacific region.
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11 enero 2016
Milliman completes comprehensive final expense industry experience studySeattle—Milliman, Inc., a premier global consulting and actuarial firm, today announced the availability of a new final expense insurance experience study. This is the second Milliman Final Expense Study (MFES 2), a comprehensive mortality, lapse, and cause of death study on the final expense industry.
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21 diciembre 2015
Actuarial Post names Milliman’s MG-ALFA best 2015 actuarial softwareSeattle—Milliman, a premier global consulting and actuarial firm, today announced that its MG-ALFA® software, a financial modeling and actuarial projection system for insurance companies used for product development and pricing, financial management, risk management analysis, and regulatory compliance, won best actuarial software for 2015 as determined by Actuarial Post. Actuarial Post is a British publication providing news and analysis for the actuarial marketplace.
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09 septiembre 2015
Milliman analyses embedded value reporting in the European and Asian insurance marketsLondon—Milliman, Inc., a premier global consulting and actuarial firm, today announced the availability of two new reports detailing embedded value (EV) results for 32 major insurance companies in Europe and 34 major insurance companies operating in Asia. The reports examine trends among companies reporting EVs as of year-end 2014.
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24 octubre 2014
Milliman releases Arius 2.4, a complete solution for analyzing unpaid claims liabilities for P&C insuranceSeattle—As previewed at last month’s Casualty Loss Reserve Seminar in San Diego, Milliman, Inc., a premier global consulting and actuarial firm, announced today that it has released version 2.4 of Arius, its state-of-the-art loss reserving system for property & casualty insurers. This latest release offers significant enhancements in the areas of advanced reporting and sophisticated analysis.