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Insurtech

It’s not a disruption—it’s an evolution.

Established carriers and innovative startups are embracing technology to drive insurance forward.

The future is now.

Tech firms are tackling insurance. But “legacy” doesn’t mean left behind. By updating tried-and-true systems with digital tools, an industry is expanding what’s possible, from rapid quotes for homeowners policies to creative solutions for self-driving cars. With insurtech, insurance is reaching new markets with new products for a new era.

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Transforming insurance with technology

For experienced firms and tech-focused entrepreneurs, the insurtech revolution is underway.

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Insurance innovation: A catalyst for social change

With microinsurance, big insurers are using emerging technology to help protect customers in emerging markets.

Solution story

Safeguarding small businesses against cyber threats

Main Street shops are prime targets for cyber criminals, but many lack the resources for adequate cyber insurance coverage. Innovative Milliman actuaries designed a new cyber product that made insurance affordable—and effective—for protecting small businesses.

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Milliman Alliances and Ecosystems

We partner with early-stage startups and tech companies of all types to help accelerate insurtech innovation.

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INSIGHT

Related insight

White paper

Agentic AI in the actuarial function: Build it, buy it, sign it

Building an actuarial AI agent isn't the hard part -- explaining and governing it is.

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Case study

Milliman Appleseed expedites Nearmap filings: Securing approvals in 17 states within 90 days

Nearmap teamed up with Milliman Appleseed to optimize its filing strategy by leveraging Appleseed's deep expertise in analytics and insurance rate filings.

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Case study

IRMA saves $4.1 million in workers’ compensation costs with Nodal Claims Triage

See how Nodal Claims Triage helped IRMA, a major risk pool, save $4.1M and flag 85% of high-severity workers' comp claims within 10 days using AI-powered daily scoring.

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Article

Reimagining health claims through automation: Advancing claims efficiency in India’s insurance ecosystem

India health claims: As the nation’s data infrastructure advances toward greater standardization and digitization, solutions for automation play a crucial role.

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Technology

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Insurance technology

Learn about Milliman data and technology innovation for insurers.

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Health technology

Learn about Milliman data and technology innovation for payers, providers, and employers.

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Risk technology

Learn about Milliman data and technology innovation for measuring and managing risk.

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SERVICES

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