Enterprise Risk Management Technology Guide 2024/25

Milliman - Milliman Mind

Type of System

  • Analytics
  • Asset/liability management
  • Capital modelling
  • Catastrophe modelling
  • End-to-end ERM
  • Governance, risk, compliance (GRC)
  • IFRS 17 solution
  • Internal/external reporting
  • LDTI solution
  • Operational risk management
  • Portfolio analysis/hedging
  • Pricing
  • Reserving solution
  • Solvency II solution
  • Spreadsheet risk management
  • Stress and scenario testing

Type of platform

  • Cloud
  • SaaS
  • Web-based

Other features - does your offering facilitate

  • Curve-fitting
  • LDTI
  • NAIC Principle-based reserving
  • NAIC RMORSA
  • Replicating portfolios
  • Solvency II internal model
  • Solvency II standard formula

What are the typical implementation costs?

There are no implementation costs as Milliman Mind is a cloud-based SaaS, and it is so easy to use that onboarding is a single half-day session.

How long does your software take to implement on site?

The solution is entirely cloud-based and requires no on-site implementation.

Please name companies that use the system/solution

Milliman Mind clients include main worldwide insurers, reinsurers, and bank insurers in Europe, the USA, and Asia-Pacific).

Do you have an open API?

Milliman Mind provides a full REST API.

Contacts

Pierre Miehe

Tel: +33 4 81 49 10 69

Email: [email protected]