Insurance Solutions
Microinsurance
Insurance innovation for good
Microinsurance is insurance designed to be appropriate for low-income individuals and families in relation to price, terms, coverage, and delivery mechanisms. Through product development, research, and advocacy services, Milliman is committed to protecting vulnerable populations against the risks that can lead people into an unending cycle of poverty, including poor health, loss of crops or livestock, natural and human-made disasters, and death and disability.
Milliman microinsurance solutions
A powerful partnership
The MicroInsurance Centre at Milliman is an internationally recognized consulting firm and microinsurance thought leader with a deep commitment to building sustainable microinsurance products for populations in need. For over two decades, the MIC@M has been focused on providing access to SUAVE (Simple, Understood, Accessible, Valuable and Efficient) microinsurance products to 3 billion low-income people across the globe. Our clients include multinational and domestic commercial insurers, foundations, bi-and multi-lateral development agencies, regulators, NGOs and others.
Milliman microinsurance insight
Related microinsurance services
Claims consulting
Lower loss and loss adjustment expense costs, get litigation support, and improve claims operations.
Product development and pricing: Insurance
Deliver sophisticated and progressive insurance products at reasonable cost with the help of our data, analytics, and consulting expertise.
Underwriting and operations
Improve risk selection, pricing, and profitability with comprehensive underwriting services and data.