Milliman Mind has been awarded analytics solution of the year at InsuranceERM's UK and Europe awards 2025, recognising its cutting-edge technology, broad applicability and transformative impact on actuarial analytics.
As a comprehensive cloud-based no code modelling solution, Milliman Mind is revolutionising actuarial analytics across IFRS 17, Solvency II reporting, ORSA, life and non-life modelling, assets, pricing, reinsurance and more.
Its ability to process complex actuarial models at speed enables insurers and financial institutions to enhance efficiency, reduce risks, and make more informed decisions.
The power of analytics lies in speed, accuracy, and adaptability, and Milliman Mind delivers on all fronts. By leveraging grid computing, integrated dashboards, automated workflows, a full audit trail and a unique AI-driven multi-dimensional engine, it enables actuaries to break free from outdated, manual modelling methods.
Successes over the last year include one of the UK's top three life insurers adopting Milliman Mind to automate all its manual processes. By 2024, two major US companies were using Milliman Mind for large-scale modelling, achieving staggering performance improvements—including a 50,000-fold increase in runtime efficiency.
Winning Analytics Solution of the year underscores Milliman Mind's role as a game-changer in actuarial analytics.
