Milliman

Software

Milliman Offers Sophisticated Risk Adjustment Software to State Insurance Exchanges Free of Charge

Best-of-breed enterprise software can provide basis for new focus on healthcare quality and efficiency SEATTLE -- Milliman, Inc., a premier global consulting and actuarial firm, today announced that it will provide its risk adjustment software, Milliman Advanced Risk Adjusters (MARA), to states implementing a health insurance exchange. MARA provides a library of risk adjustment tools. The...

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Software

Financial Projection Software includes flexible index tables.

Supporting broad range of assets and liabilities, MG-ALFA-® v7.2 delivers functionality for complete spectrum of actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. Version 7.0 includes projection keys to manage multiple assumption sets within single model, and support for single-pass calculation of stochastic reserves and capital. Some...

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Software

Financial Projection Software offers direct Excel reporting.

MG-ALFA-® v7.0 delivers functionality for complete spectrum of actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. While data model allows actuaries to define models using any and all data elements, security model is integrated with Windows-® Active Directory and supports user groups with tiered access rights. UI incorporates Microsoft tools,...

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Software

Insurance Software provides reserve variability modeling.

Used by casualty insurers to obtain information about unpaid claim estimates, P&C Reserve Variability Model v1.4 provides reconciliation between model's stochastic approaches and user's deterministic estimates from same historical data. Program can shift resulting distribution so its mean matches user's deterministic estimate. Software helps users account for heteroscedasticity in data, and...

Read More »
Software

Software performs financial projections.

Integrating with Windows HPC Server 2008, MG-ALFA-® v6.7 supports broad range of assets and liabilities and delivers functionality for complete spectrum of actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. Program includes dynamic policyholder modeling options, support for equity indexed products, and cluster technology, which allows clients...

Read More »
Software

Software helps casualty insurers model risk.

Enabling stochastic simulation of static methodologies, Reserve Variability Model v1.3 helps risk bearing organizations evaluate potential variability in their loss and claim estimates. It offers simulation capabilities based on Cape Cod and Bornhuetter-Ferguson approaches, as well as capabilities for weighting of paid and incurred development simulations. Functionality also supports residual...

Read More »
Software

Financial Software covers all actuarial modeling needs.

Financial projection software, MG-ALFA-® v6.6, delivers functionality for complete spectrum of actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. In addition to forward referencing formulas for ALM models, functionality supports for modeling equity indexed annuities as well as managing liability input data that varies by plan code. Software...

Read More »
Software

Software provides financial projection solution.

MG-ALFA-® v6.5 integrates with Windows Compute Cluster Server and includes .Net interface for formula editing. Targeting life insurance and financial firms, it supports broad range of assets and liabilities and handles actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. Dashboard reporting option is available for stochastic pricing of variable...

Read More »
Software

Software offers clinical care guidelines.

Enabling capture and report of real-time clinical data, CareWebQI(SM) delivers access to Milliman Care Guidelines that are used to support care management. Product helps healthcare professionals standardize patient reviews, document medical cases and variances, and build reports to track their medical performance. It provides variance tracking and reporting, quality measure documentation,...

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Company News

Milliman Adds Timber Operators Council - Woodworkers, IAM Defined Contribution Plan and Trust as a Retirement Services Client

Milliman retained to provide defined contribution services SEATTLE, Dec. 5, 2018 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting, actuarial, and administration firms, today announced it has added the Timber Operators Council – Woodworkers, IAM Defined Contribution Plan and Trust as a defined contribution client. The plan includes over 4,300 participants and $150...

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Software

Milliman Offers Sophisticated Risk Adjustment Software to State Insurance Exchanges Free of Charge

Best-of-breed enterprise software can provide basis for new focus on healthcare quality and efficiency SEATTLE -- Milliman, Inc., a premier global consulting and actuarial firm, today announced that it will provide its risk adjustment software, Milliman Advanced Risk Adjusters (MARA), to states implementing a health insurance exchange. MARA provides a library of risk adjustment tools. The...

Read More »
Software

Financial Projection Software includes flexible index tables.

Supporting broad range of assets and liabilities, MG-ALFA-® v7.2 delivers functionality for complete spectrum of actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. Version 7.0 includes projection keys to manage multiple assumption sets within single model, and support for single-pass calculation of stochastic reserves and capital. Some...

Read More »
Software

Financial Projection Software offers direct Excel reporting.

MG-ALFA-® v7.0 delivers functionality for complete spectrum of actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. While data model allows actuaries to define models using any and all data elements, security model is integrated with Windows-® Active Directory and supports user groups with tiered access rights. UI incorporates Microsoft tools,...

Read More »
Software

Insurance Software provides reserve variability modeling.

Used by casualty insurers to obtain information about unpaid claim estimates, P&C Reserve Variability Model v1.4 provides reconciliation between model's stochastic approaches and user's deterministic estimates from same historical data. Program can shift resulting distribution so its mean matches user's deterministic estimate. Software helps users account for heteroscedasticity in data, and...

Read More »
Software

Software performs financial projections.

Integrating with Windows HPC Server 2008, MG-ALFA-® v6.7 supports broad range of assets and liabilities and delivers functionality for complete spectrum of actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. Program includes dynamic policyholder modeling options, support for equity indexed products, and cluster technology, which allows clients...

Read More »
Software

Software helps casualty insurers model risk.

Enabling stochastic simulation of static methodologies, Reserve Variability Model v1.3 helps risk bearing organizations evaluate potential variability in their loss and claim estimates. It offers simulation capabilities based on Cape Cod and Bornhuetter-Ferguson approaches, as well as capabilities for weighting of paid and incurred development simulations. Functionality also supports residual...

Read More »
Software

Financial Software covers all actuarial modeling needs.

Financial projection software, MG-ALFA-® v6.6, delivers functionality for complete spectrum of actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. In addition to forward referencing formulas for ALM models, functionality supports for modeling equity indexed annuities as well as managing liability input data that varies by plan code. Software...

Read More »
Software

Software provides financial projection solution.

MG-ALFA-® v6.5 integrates with Windows Compute Cluster Server and includes .Net interface for formula editing. Targeting life insurance and financial firms, it supports broad range of assets and liabilities and handles actuarial modeling needs, from pricing and ALM projections to stochastic and nested stochastic analysis. Dashboard reporting option is available for stochastic pricing of variable...

Read More »
Software

Software offers clinical care guidelines.

Enabling capture and report of real-time clinical data, CareWebQI(SM) delivers access to Milliman Care Guidelines that are used to support care management. Product helps healthcare professionals standardize patient reviews, document medical cases and variances, and build reports to track their medical performance. It provides variance tracking and reporting, quality measure documentation,...

Read More »

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