Friday, October 13, 2017
Congratulations to Milliman and the MicroInsurance Centre (MIC), two long-standing members of the Network, who have now joined forces! Both firms share the common goal of working to protect the health and financial well-being of low-income populations worldwide. The MicroInsurance Centre’s joining of Milliman will help boost their capacity to present enhanced insurance offerings to clients in emerging markets and low-income market segments.
“The MicroInsurance Centre is a remarkable organisation with a deep commitment to building sustainable microinsurance products for populations in need,” says Milliman Chief Executive Officer Steve White. “The MIC’s pedigree of deep expertise, its independence, and its ability to deliver research and education around microinsurance pair perfectly with Milliman’s values and global footprint. We look forward to working with the MIC in support of its bold vision”.
“Milliman is a perfect fit for us given its mission, skills, and great reputation. Milliman’s interest in helping its clients expand throughout the emerging markets, where the bulk of insurance growth will arise, was an obvious fit as we looked to expand our vision of keeping people from sliding back into poverty,” says MIC president Michael J. McCord. “The synergy arises from Milliman’s global research and commitment to the health and financial well-being of people everywhere, coupled with MIC’s experience in providing value to low-income clients and business cases for insurers in over 75 countries”.
We wish our members all the best in their future joint venture!