-- Single-solution platform recognized by the Risk Markets 
     Technology Awards for its cloud-native approach to managing all 
     actuarial processes  

Milliman, Inc. ( 
https://c212.net/c/link/?t=0&l=en&o=3061667-1&h=2699392528&u=https%3A%2F%2Fus.milliman.com%2F&a=Milliman%2C+Inc 
), one of the premier global consulting and actuarial firms, today announced 
that its flagship technology solution for life insurance, Integrate(R), was 
awarded Best Use of Cloud in the Risk Markets Technology Awards 2021. The 
awards, organized by Risk.net, honor top achievements across market risk, 
trading, and investment risk technologies. 

Integrate represents a paradigm shift within the actuarial industry, delivering 
a comprehensive SaaS-based approach to managing all aspects of the actuarial 
value chain. Fully engineered to be cloud native, Integrate combines broad 
functionality, professional services, and operational support into a single 
platform. 

"Insurance companies need faster, more detailed insights into their business 
without the burden of skyrocketing costs, something that other systems – which 
patch together various components – simply cannot provide," said Pat Renzi, a 
principal at Milliman and CEO of the firm's Life Technology Solutions Group. 
"Integrate was purposefully designed to deliver maximum flexibility and control 
while providing continuous, scalable improvements across the entire actuarial 
value chain. We're honored to be recognized in this year's Risk Market 
Technology Awards for our strategic use of the cloud in addressing modern-day 
actuarial needs."

Integrate allows customers to leverage technology to provide faster, more 
reliable results. For example, in just the first three months of 2020 Integrate 
processed more than 25 million hours running actuarial analysis in the cloud. 
Integrate's holistic approach delivers:

     - Exceptional scalability for calculations and data analytics 
       powered by Microsoft Azure 
     - Automated and controlled end-to-end workflow for production cycles 
     - Professional Services and Cloud Operations Support tailored to 
       client needs 
     - Robust support for complex regulations such as Solvency 2 
       (standard formula and internal model risk distribution 
       calculations), IFRS 17, PBR and LDTI

Winners of the Risk Market Technology Awards take part in a lengthy judging 
process that includes evaluation of pitch documents, off-the-record meetings 
and a comprehensive due diligence phase. Read more about Risk.net's decision in 
awarding Integrate Best Use of Cloud here ( 
https://c212.net/c/link/?t=0&l=en&o=3061667-1&h=3591300434&u=https%3A%2F%2Fwww.risk.net%2Fawards%2F7738906%2Frisk-markets-technology-awards-2021-milliman&a=here 
).

Integrate is a trademark of Milliman, Inc., registered in the U.K., France, and 
the U.S.

About Milliman
Milliman is among the world's largest providers of actuarial and related 
products and services. The firm has consulting practices in healthcare, 
property & casualty insurance, life insurance and financial services, and 
employee benefits. Founded in 1947, Milliman is an independent firm with 
offices in major cities around the globe.  For further information, visit 
milliman.com.

Source - Milliman, Inc.

CONTACT: Charisa McNair, Milliman, Inc., Tel: ++1 646 473 3113 , 
charisa.mcnair@milliman.com