Milliman Climate Resilience Initiative
Complex doesn’t mean unsolvable.
Climate change is not a problem that will be solved in silos. As experts in risk, Milliman has a unique view into our climate future and its cascading effects on governments, communities, and businesses. That’s why we’re launching a worldwide initiative to create new pathways to resilience.
A powerful climate risk coalition
Building on a foundation of expertise modeling complex risks, the Milliman Climate Resilience Initiative (MCRI) unites perspectives across industry, government, academic, and not-for-profit sectors to anticipate and measure the most pressing climate risks and drive effective responses.
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A cross-sector climate event
Global experts speak out on how we can work together to improve our climate resilience.
The Milliman Climate Resilience Forum
March 2021
Join us as financial, regulatory, and community leaders from around the globe come together to discuss how to strengthen our climate resilience through better analysis, measurement, and response.
Receive event updatesUrban Land Institute
See our latest collaborative work with the Urban Land Institute, "Climate Risk and Real Estate"
Learn moreClimate intelligence for key decisions
Whether it’s our breadth of expertise or data solutions, MCRI provides insight into the complex interrelationships between various climate risks.
Grappling with growing catastrophes
As climate change accelerates, catastrophic events are becoming increasingly common. Whether flood, wildfire, or drought, MCRI is analyzing these events and modeling the risk to help reduce or absorb the impacts of climate change.
The climate bottom line
Where there is risk, there is also opportunity. Asset managers, institutional investors, and governments are showing increasing interest in climate-related investment. MCRI is investigating advanced approaches to data gathering and modeling to bring climate mitigation investment to the mainstream.
Wellness in a warming world
Understanding how climate change affects patterns of health and disease is critical to supporting human welfare. MCRI will expand on Milliman’s history of innovation in microinsurance, taking an expansive view of wellness impacts at the intersection of complex factors such as agriculture, disease, and nutrition.
Adapting with agility
As the world transitions to new forms of energy, economic growth, and regulatory requirements, governments and organizations need to navigate change successfully. Whether change stems from policy or public perception, MCRI is able to model transition risk so that organizations can build sustainable long-term strategies.
Getting ahead of the challenges
Organizations face liability risk when they fail to sufficiently disclose the effects of climate change on their businesses. MCRI seeks to quantify the magnitude and nature of these issues and help build new approaches to responsible governance that enable companies to become part of the solution.
Seeing the big picture
MCRI understands the varied risks climate change poses to businesses, including insurance availability, regulatory requirements, and talent acquisition. Our modeling and data help businesses make smart financial decisions while building thriving workforces and communities.
Wildfire catastrophe models could spark the changes California needs
Wildfire risk has become a key focus of California property insurers.
The latest MCRI research
Critical Point Episode 29: Understanding the impact of flooding on mortgage risk
Listen to the podcastSee how we’re anticipating, measuring, and responding to climate risk
Microinsurance
Improve stability and security for climate-vulnerable populations with innovative microinsurance services.
Flood insurance
Address rapidly changing flood risk with independent rating, underwriting, ratemaking, and competitive analysis based on granular data and advanced modeling.
Enterprise risk management
Integrate climate and related risks into your ERM strategy to drive effective business management decisions.
Catastrophe reserving and loss reserve verification
Understand the impact of a climate-related events on your portfolio, including complex, cascading risks typically unforeseen by traditional models.
Complex risk assessment
Anticipate complex non-financial risks inherent in climate change, including human behavior, population movement, and social and structural change.
Health
Understand the potential impact of climate change on human health through data analytics and healthcare management.
Property analytics
Take advantage of geospatial data and cutting edge catastrophe models to match price to climate risk, get better ratings, and improve profitability
Data-driven solutions for climate resilience
PinPoint
Milliman PinPoint lets insurers cost effectively evaluate, price, and market residential and flood products using geospatial information.
Bungalow
Milliman Bungalow is a private flood insurance plan that includes advisory loss costs, risk classification rating factors, and rating rules.
MedInsight
Adopt the healthcare industry’s leading platform for data warehousing and healthcare analytics.