Operational risk management
Drive better business decisions by better understanding your operational risks
Milliman operational risk management solutions
Cyber risk is evolving fast. You’ve got to evolve faster.
Conduct risk
Milliman operational risk management insight
Improved mortality rate forecasting using machine learning and open data
A multi-population approach to mortality rate forecasting using open data and interpretable neural networks.
Rethinking risk management: Strategies to address an increasingly complex world of risks
Risks such as COVID-19, climate change, cyberattacks, and evolving socioeconomic issues are not isolated to one side of a balance sheet, or one fiscal year.
Climate change governance and strategy requirements: How might New York insurers comply with them
New York domestic insurers need to focus on two specific action steps in the wake of guidance issued on managing the financial risks from climate change.
For M&A professionals, quantifying cyber risk is key
A significant benefit of a cyber risk assessment during M&A due diligence is that it presents the broadest view of how to value the cyber risk of a target company, while at the same time taking into account that company's current insurance protections.
Could cyber risk be the next big short?
The parallels between the lead-up to the mortgage crisis and the rapid growth of the cyber insurance market are eerily similar.
The cyber risk spend: How do you quantify the cost of cyber risk – and your return on investment?
As cyber evolves as a threat, companies are facing an increasingly complex enterprise risk management process.
Loading poster...
Connected cars and the cyber security risks of the future
Technological advances are opening cars up to a rising range of cyber security risks, and it will require a combined effort to keep the hackers at bay.
Assessing and quantifying cyber risk
As cyber attacks occur with increasing severity and frequency, cyber risk has moved to the top of many organizations’ critical risk lists. Organizations are exploring new methods and actionable steps to assess and quantify cyber exposure.
The attraction of captives for cyber risk
Captives can be an attractive alternative for companies seeking alternatives to commercial cyber risk insurance.
Four critical questions insurers must address before writing cyber
The cyber insurance market is creating both challenges and opportunities for risk managers and insurers. Here are four critical questions all insurers must answer before offering cyber coverage.
Cyber liability insurance: As the market heats up, is it time to cool off in a pool?
The formation of an industry cyber liability insurance pool or pools could result in greater capacity for the market and less risk to individual insurers.