Insurance Solutions
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.
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.
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.
Milliman insurance product development & pricing products
IntelliScript
IntelliScript combines industry-leading data and analysis to provide insurers the knowledge, tools, and insight to confidently assess risk.
Integrate
Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.
Pixel
Identify new market sectors, pinpoint adverse selection, and make better pricing decisions with a web-based premium comparison tool.
REVEAL
Assess the volatility embedded in pension plans, immediate annuities, and deferred annuities with longevity guarantees.
PinPoint
Milliman PinPoint lets insurers cost effectively evaluate, price, and market residential and flood products using geospatial information.
Milliman insurance product development & pricing services
Flood insurance
Improve flood insurance with independent flood rating and underwriting, ratemaking, and competitive analysis.
Microinsurance
Improve stability and security for low-income populations with innovative microinsurance services.
Predictive analytics solutions
Uncover valuable information hidden in your data, allowing you to take action on key business insight.
Product development and pricing: Insurance
Deliver sophisticated and progressive insurance products at reasonable cost with the help of our data, analytics, and consulting expertise.
Startup property & casualty insurers
Build on a solid foundation with decades of insurance expertise combined with cutting-edge technology innovation.