SEATTLE, March 2, 2010 /PRNewswire/ -- Milliman, Inc., one of the premier global consulting and actuarial firms, today announced that Martin Sher has joined the firm as European MG-ALFA Product Manager. Mr. Sher joins Milliman from SolveXia where he was Managing Director responsible for European activities. Previously he established and managed the European operation of Classic Solutions which promoted the MoSes(R) actuarial projection system.
We are very happy to have Martin join us, said Bruce Winterhof, Milliman's Life Practice Director. He brings a wealth of knowledge and experience of the European actuarial software market.
From a base in London, Mr. Sher will lead the marketing, sales and support activities to expand MG-ALFA's European presence. MG-ALFA is Milliman's actuarial modelling system for life insurance companies. Combining proven technology and Milliman thought leadership, MG-ALFA is well positioned to support stochastic risk-based capital calculations. I am very excited to be taking on this role and am confident that the MG-ALFA US market leadership will be replicated in Europe, said Martin Sher, adding, Solvency II is forcing companies to revisit their actuarial models. With period-by-period projection speed and capacity that is 10 times more efficient than legacy systems, companies will have a new option to consider.
According to Bruce Winterhof, this appointment is a logical next step to support Milliman's European expansion. Software is a key component of our service offering allowing us to work closely with our clients to implement integrated software and consulting solutions to meet their current and future needs, Winterhof stated.
About Milliman
Milliman is among the world's largest independent actuarial and consulting firms. Founded in Seattle in 1947 as Milliman Robertson, the company currently has 52 offices in key locations worldwide. Milliman employs over 2,400 people. The firm has consulting practices in life insurance and financial services, healthcare, employee benefits, and property casualty insurance. Milliman serves the full spectrum of business, financial, government, union, education and nonprofit organizations. For further information, visit http://www.milliman.com.
SOURCE: Milliman, Inc.
CONTACT: Patricia L. Renzi, MG-ALFA Product Manager, Milliman, Inc.,+1-206-504-5715, Pat.Renzi@milliman.com
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