Milliman, Inc., a premier global consulting and actuarial firm, is proud to announce the launch of Milliman Connect, a groundbreaking solution designed to seamlessly integrate disparate data and systems across insurers. This innovative platform empowers insurance carriers, voluntary benefit providers, MGAs, TPAs, and brokers, helping them unify their data, streamline operations, and drive informed decision-making.
Milliman Connect is an API/EDI data exchange that addresses the growing need to connect various data sources and systems within an organization and enables organizations to connect with external systems. Connect powers seamless management of enrollment, premiums, and claims by leveraging existing systems and data. By providing a centralized platform, Milliman Connect enables businesses to harness the full potential of their data, ensuring accuracy, increased revenue efficiency, and accelerated product launches.
“We are thrilled to introduce Milliman Connect to the market,” said Darrell Spell, Principal at Milliman. “In today’s data-driven world, organizations often struggle with fragmented systems and siloed data. With Milliman Connect, insurers and benefit providers can achieve a holistic view of their data, leading to more strategic insights and opening up new business opportunities.”
Milliman Connect offers a range of features tailored to meet the diverse needs of insurers:
- Customizable data workflow: The platform adapts to your data workflows with flexible configurations and rule settings to meet unique business needs.
- Integrate using EDI and API processes. Seamlessly process and integrate data without having to care about EDI or API processes. Milliman connects internal and external modern and legacy systems effortlessly, so you can focus on growing your business.
- Advanced reporting capabilities. Use detailed commission, premium reconciliation, and business intelligence reports to make informed decisions.
- Value-add services. Milliman Connect supports billing, eligibility, quoting, premium leakage, commissions, policy management, and more.
- Enrollment platform. While we specialize in moving enrollment data from other platforms, moving data within our own platform is even more streamlined.
“Milliman Connect was built to support insurers and solve the sorts of business problems that come from disparate data and systems,” says Manish Mandelia, Milliman Principal and Managing Director of Milliman Connect. “Milliman Connect simplifies buying, selling, quoting, and enrolling in insurance products, which allows leadership to focus on strategy, growth, and better serving members.”
For more information about Milliman Connect and how it can transform your organization, please visit Milliman Connect.
About Milliman
Milliman is among the world’s largest providers of actuarial, risk management, and technology solutions. Our consulting and advanced analytics capabilities encompass healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240812720279/en/