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What is Milliman Integrate?

Milliman Integrate is a comprehensive cloud-based platform designed to transform actuarial modeling and reporting, particularly within the life insurance industry. Expanding upon the principles of MG-ALFA, Integrate offers a groundbreaking method that merges advanced technology with specialized services and operational support. This unique combination empowers actuaries to efficiently navigate complex financial models, fostering scalability, reliability, and enhanced governance. The system supports a diverse range of asset types and insurance offerings, facilitating both instant valuations and sophisticated multi-dimensional forecasts. By unifying data, modeling, and reporting functions into one cohesive system, Integrate streamlines actuarial processes, enabling faster access to crucial insights essential for managing risks and seizing opportunities. Its cloud-based architecture ensures robust disaster recovery capabilities and seamless scalability, allowing organizations to swiftly adapt to evolving market needs. Furthermore, the intuitive interface and comprehensive collaboration tools significantly boost the overall productivity of the actuarial workflow while also promoting teamwork among users. In this way, Milliman Integrate not only enhances efficiency but also strengthens the strategic decision-making process within firms.

What is Insight Enterprise?

As the need for regulatory compliance and analytical capabilities in PBR, IFSR, and predictive analytics grows, actuaries are increasingly responsible for managing vast quantities of both current and historical data. The Insight Enterprise data warehouse functions as a cohesive and integrated hub for storing corporate policy, claims, and agent data. This versatile database allows users to generate customized data extracts for any designated timeframe, facilitating their use in external processes; many results can subsequently be reintegrated into the system for easy analysis using a business intelligence interface that works in conjunction with administrative system data. While the Insight Enterprise undergoes extensive testing during its development and quality assurance stages across a variety of data sets, it's crucial to recognize that, given the wide array of data sets present in different insurance organizations, lines of business, and administrative systems, achieving a fully error-free complex system is unattainable. A robust support system is in place for the Insight Enterprise to resolve any software-related challenges, with prompt patches created and disseminated to all clients experiencing processing or calculation issues. This proactive methodology not only enhances user confidence in the system’s reliability but also ensures it meets the evolving analytical demands of the industry. Ultimately, the continuous improvement and responsiveness of the Insight Enterprise contribute to its reputation as a dependable resource for actuaries navigating the complexities of data management.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Milliman

Date Founded

1947

Company Location

United States

Company Website

integrate.milliman.com

Company Facts

Organization Name

Insight Decision Solutions

Date Founded

2000

Company Location

Canada

Company Website

www.insightdecision.com

Categories and Features

Categories and Features

Business Intelligence

Ad Hoc Reports
Benchmarking
Budgeting & Forecasting
Dashboard
Data Analysis
Key Performance Indicators
Natural Language Generation (NLG)
Performance Metrics
Predictive Analytics
Profitability Analysis
Strategic Planning
Trend / Problem Indicators
Visual Analytics

P&C Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Marketing Automation
Policy Management
Quote Management
Reinsurance Administration
Underwriting Management

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