Milliman has received two 2020 U.S. Captive Review Awards. These awards recognize and reward providers of captive insurance products and services, who have outperformed their competitors and demonstrated the highest levels of excellence.
As an organization, Milliman received an award in the Actuarial Firm of the Year category. The award recognizes the firm that has demonstrated the highest level of service meeting clients’ needs over the past year. Milliman has received this recognition for three consecutive years.
Individually, consultant Joel Chansky received an award for Outstanding Contribution of the Year. The award is given to a captive professional that has made significant contributions to enhance the industry.
Milliman consultant Mike Meehan was again named to the Captive Review Power 50 list. It is the fourth consecutive year that he has received the distinction. Mike was named the 29th most influential professional in the global captive insurance industry.
“I once again find myself both humbled and honored to be
included on Captive Review’s Power 50 list. For over 25 years I have been very
fortunate to work with an amazing and talented team at Milliman. The honor of
being included on the Power 50 list would not be possible without these collective
efforts,” he said.
The captive insurance market on the Cayman Islands, and in general, continued to perform well in 2019. Two factors drove success: the overall attractiveness of captives as an alternative way for organisations to finance their risk, and the expansion of coverage into new lines of insurance by existing captives. Milliman consultant Mike Meehan offers more perspective in a recent interview with Captive Review.
For the fourth time in the last six years, including in 2018, Milliman was named actuarial firm of the year at the 2019 U.S. Captive Review Awards, held recently in Burlington, Vt. These awards recognize and reward providers of captive insurance products and services, who have outperformed their competitors and demonstrated the highest levels of excellence over the past 12 months.
“I was honored to once again be able to accept this award on behalf of Milliman. I am fortunate to work with an amazing team of consultants and thought leaders that continue to provide exceptional service to the captive industry,” said consultant Mike Meehan, who has been named to the Captive Review Power 50 list in 2016, 2017, and 2018.
Milliman’s Joel Chansky was inducted into the Captive Review Hall of Fame, which celebrates the most influential professionals in the captive insurance industry over the past 50 years. Joel has assisted with the formation and the ongoing actuarial needs of many captive insurers. He also reviews captive and risk retention group applications for several state insurance departments.
“This is truly a great honor. When I heard about this, I felt a number of things. First, a bit old, especially when there is a reference to the past 50 years. But second, and more importantly, both humbled and fortunate. A big thank you to the great team around me at Milliman that’s allowed me to do the things it takes to get this recognition, and a bigger thank you to my wife and kids who have always supported me throughout my career,” Joel said.
It was also a three-peat for Milliman consultant Mike Meehan, who was named to the Captive Review Power 50 list for the third consecutive year. Mike climbed up the list five spots, appearing at #34 this year. “I am honored to be included on Captive Review’s Power 50 again this year. It is truly a privilege to be included among the names of so many in the captive industry for whom I have the utmost respect, several of which I am fortunate to call my friends,” he said.
The Captive Review Power 50 recognizes the most influential captive insurance professionals around the world. Individuals are nominated and voted for by peers who identify them as the biggest “movers and shakers” in the captive insurance industry over the past 12 months and who will continue to influence the industry’s direction and progress in the future.
Milliman was named actuarial firm winner by this year’s U.S. Captive Review Awards. These awards recognize captive insurance products and services providers offering high levels of excellence over the past year.
“We are extremely grateful to judges of the 2018 awards for recognizing the efforts of our team at Milliman over the past year. With a firm-wide focus on providing exceptional service, we continually strive to develop cutting-edge solutions to our clients in the captive industry,” said consultant Mike Meehan, who was named to the Captive Review Power 50 list in 2016 and 2017.
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