Insurance Solutions

Product development & pricing

Insurance product development & pricing

Optimise your offerings

A changing world demands insurance innovation. Companies rely on Milliman to stay current on the latest innovations and trends to help deliver market-leading insurance products that balance profitability and cost competitiveness. We can serve as your outsourced product-development department or provide tactical support to your design team with analytics, modelling, marketing assistance, and more.

Overview

Milliman insurance product development and pricing solutions

Ratemaking

Combining actuarial expertise, market knowledge, and regulatory knowhow, we add value to every aspect of the ratemaking process, from risk analysis to reinsurance. Get to market faster with our technical sophistication and integrate pricing decisions with your overall business strategy. We also reduce your regulatory burden by preparing, submitting, and following through on compliance filings.

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The data advantage

Whether you’re launching a variation on a time-tested product or working to address fast-evolving areas such as electric vehicles or climate change insurance, we have the deep analytics capabilities to help your products thrive. From complex regulatory requirements to capital reserving to return on equity, we’re your partner for insights that drive success.