Welcome to Milliman UK

In London since 2002, we work in the UK and Europe, focussing on general and life insurance, and healthcare systems. Our work involves analytics and technology, reserving, risk management and hedging and addresses the retirement predicament.

IFRS 17

The new IFRS standard for insurance contracts promises to have a transformative effect on insurers’ financial reporting. Milliman has unparalleled experience with Solvency II and other regulatory regimes, coupled with groundbreaking systems implementation and industrialisation capabilities.

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Solvency II

Milliman is ideally placed to help your business successfully manage Solvency II implementation.

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Hot Topics

2026 Risk and capital hot topics

We present our main observations and propose key questions that insurers should ask to inform decision-making in the context of risk and capital management.

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White paper

Roundtable insights from UK insurers: Solvent exit planning PS20/24

We present insights from a February roundtable of 12 UK insurers on the challenges of meeting the PRA’s mid-year deadline for PS20/24 related to solvent exit planning.

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Annual Report

Global life and health insurance mergers and acquisitions (M&A)

A review of 2025 and an outlook for 2026 and beyond, covering transactions in North America, Europe, Asia, Latin America, and Africa.

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Annual report

Extreme weather in Europe

The toll of 2025’s extreme weather events across Europe—and steps insurers can take now to reduce the financial risks posed by climate change

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White paper

UK bulk annuity insurers’ year-end 2025 results: Signs of a steadying market

Activity levels ease, but profitability remains solid, with an encouraging outlook for 2026.

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White paper

Roundtable insights: SS 5/25—How to survive, where to strive and ways to thrive

We present insights shared during a January 2026 roundtable with UK risk and sustainability professionals as they navigate the PRA's latest climate supervisory statement.

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We’re driving the future with our analytics and modelling technologies

Solvency II reporting & compliance

VEGA

Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.

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Financial modelling & industrialisation

Integrate

Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.

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Practice leaders

Meet some of the experts leading Milliman UK

Veekash Badal

Principal and Consulting Actuary

Veekash heads up Milliman's P&C Practice in the UK, leading an experienced group of actuaries, risk management specialists, and data scientists to service Insurance clients across all lines of General Insurance business.

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Oliver Gillespie

Principal and Consulting Actuary

Oliver Gillespie is a senior principal in Milliman’s London Life and Financial Services Practice and has been with Milliman since 2004. He previously worked as a principal consultant in the actuarial and insurance management services department of PwC. Oliver was elected as a principal of Milliman in 2006. He is a Fellow of the Institute and Faculty of Actuaries, having qualified in 1999.

Neil Cantle

Principal & Consulting Actuary

Neil Cantle is a principal and consulting actuary working in Milliman's London office. He joined the firm in 2005, was elected a principal in 2008, and is one of the leaders of the London office.

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Joanne Buckle

Principal and Consulting Actuary

Joanne Buckle is the lead consultant in the Milliman London Healthcare Practice. She has been at Milliman since 2001, including 18 months in the New York City office.

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