Insurance Solutions

Claims consulting

Manage claims risk effectively

Understanding claims risk is valuable. Knowing what to do next is a game-changer. We deliver precision assessments of claims handling and the experience to help you improve it, addressing the entire scope of your business. We can help you implement best practices that reduce costs and risk, navigate commutations, arbitration, and litigation, and improve the quality of your estimation assumptions and techniques.

OVERVIEW

Milliman claims consulting solutions

Tailored to your needs

Our clients include primary and excess insurers, reinsurance companies, third-party administrators, self-insureds, and captives. Our claims consulting expertise is as varied as our clients’ needs, from establishing a case reserve on a catastrophic loss to valuing a claim operation in connection with an acquisition.

Predictive claims analytics

Milliman’s predictive analytics solutions leverage advanced technology for an improved early identification of high-loss claims. Today’s advanced modelling methods provide maximum insight from existing claims data, helping free up high-value claims personnel and uncover new claim-cost segments.

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Insight

Milliman claims consulting insight

White Paper

A quantum leap in benchmarking P&C unpaid claim distributions

Discover the impact of next-generation dynamic benchmarking tools for more reliable loss distributions.

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Podcast

How tech is changing trucking insurance claims

Milliman’s Christine Fleming and Nina Plail discuss how insurtech is transforming claims management in the trucking industry for both companies and consumers.

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Milliman claims consulting products

Predictive analytics

Nodal

Analyze a wide range of claims data to identify those likely to incur high costs, helping optimize management and reduce costs.

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Claims consulting