Property & Casualty advisory services

Appleseed

Accelerating risk innovation

Appleseed

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The challenge

Insurtech innovation must meet regulatory standards

Big data and advanced analytics can transform insurance risk measurement and pricing
State-by-state regulatory approval of new risk scores and methodologies can be costly and slow, increasing time to market for innovation
This dynamic restricts insurtechs from acquiring new customers, favors incumbents, and slows adoption of innovative products

THE SOLUTION

Accelerate pricing innovation

Milliman Appleseed is an advisory organization licensed to submit loss costs, rating factors, and risk scores with state insurance regulators across the U.S. Insurtechs with new and innovative risk scoring approaches can meet regulatory requirements faster, more easily, and at lower cost, by filing through Milliman Appleseed.

We can manage the entire process end to end, including filing products with state insurance departments directly. Insurers can immediately adopt approved rating plans and scores, and a B2B insurtech can obtain regulatory approvals even before they get their first insurer on board.

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WHY APPLESEED?

Insights, expertise, and experience

For insurers

Our best-in-class products and transformative technology enable you to achieve your strategic goals faster. With affordable, pay-as-you-go access, you don’t have to build out these capabilities internally—and you get responsive service to ensure continuous value.

For vendors

Our business model is based on partnership, not ownership—your intellectual property belongs to your organization, always. With fast state rollouts, you can speed up ROI.

Focused on your solution

As an independent advisory organization, we are dedicated to tailoring services to fit your unique business opportunity and getting your solution to market faster.

Securing approvals

Our extensive experience and trusted relationships with state insurance departments, combined with our expertise in innovative ratemaking and predictive modeling methods, enables us to get approvals for complex methodologies and tough jurisdictions.

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Benefits

Appleseed benefits

All

Get to market faster

Improve your speed to market, accelerate growth, and foster agile innovation.

Vendors

Sell at scale

Accelerate filing rollouts that speed up launch of customers’ countrywide programs.

Insurance carriers

Cut costs and risks

Reduce the costs associated with adopting new scores, while reducing the risk of non-approval.

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Learn more about products and services available through Appleseed

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Bungalow

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Download the brochure

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CONSULTING

Related services

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Topics

Milliman Appleseed resources

Brochure

Milliman Appleseed

Download PDF

BROCHURE

Accelerating insurtech innovation: Should I form an advisory organization?

Often, regulatory approval and review can be costly, slow, and subject to significant uncertainty for an insurer that wants to incorporate an innovative product into its insurance rates. Milliman Appleseed solves this problem.

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Contact us

We’re here to help you break through complex challenges and achieve next-level success.

Appleseed

Appleseed

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Insurtech innovation must meet regulatory standards

Accelerate pricing innovation

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Insights, expertise, and experience

For insurers

For vendors

Focused on your solution

Securing approvals

Loading component...

Appleseed benefits

Get to market faster

Sell at scale

Cut costs and risks

Loading component...

Learn more about products and services available through Appleseed

Bungalow

PinPoint

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Related services

Capital management

Claims consulting

Product development and pricing: Insurance

Predictive analytics solutions

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Related topics

Climate change

Cyber risk

Emerging risks

Flood insurance

Insurtech

Predictive analytics

Loading component...

Milliman Appleseed resources

Milliman Appleseed

Accelerating insurtech innovation: Should I form an advisory organization?

Loading component...

Contact us

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Appleseed

Accelerate pricing innovation

Insights, expertise, and experience

For insurers

For vendors

Focused on your solution

Securing approvals

Appleseed benefits

Get to market faster

Sell at scale

Cut costs and risks

Learn more about products and services available through Appleseed

Bungalow

PinPoint

Related services

Capital management

Claims consulting

Product development and pricing: Insurance

Predictive analytics solutions

Related topics

Climate change

Cyber risk

Emerging risks

Flood insurance

Insurtech

Predictive analytics

Milliman Appleseed resources

Milliman Appleseed

Accelerating insurtech innovation: Should I form an advisory organization?

Contact us