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DATA SCIENCE SOLUTIONS

Data Science & AI

The data science & artificial intelligence (AI) disruption

Services

Our service offerings

Data science projects

Education

Organizational change

Algorithm validation

DATA SCIENCE APPROACH

Our Approach

Phase 1

Business translation

Phase 2

Data analysis

Phase 3

Modelling

Phase 4

Evaluation

Phase 5

Implementation

Our experience

The Milliman Data Science Team has experience in a variety of industries and use cases.

Tools

Milliman Data Science & AI tools

Non-life market in the Netherlands

Solvency and Financial Condition Reports non-life NL

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Life market in the Netherlands

Solvency and Financial Condition Reports life NL

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Insight

Milliman Data Science & AI insight

Article

Open Insurance supported by upcoming FIDA regulation forces insurers to rethink data strategy

Open finance may have a profound influence on insurance in Europe, where new entrants could outcompete legacy carriers and seize customer relationships.

Article

The AI-Act’s impact on insurance

For timely compliance with Europe’s new AI-Act, insurers should start assessing the risk level of their AI, implement measures, and monitor performance.

Article

Houden Nederlandse verzekeraars het hoofd boven water?

Hoe verzekerbaarheid wordt bepaald door klimaatverandering en portefeuillespreiding

Article

Flood risk modelling in Europe

Projecting insured losses in the Netherlands and France for varying climate scenarios, using open data

White paper

The potential of large language models in the insurance sector

With the recent advancement of natural language processing models, we explore how they could be used in the insurance sector.

ARTICLE

Data science–potential uses in risk management

While data science techniques offer immense potential for risk managers, (re)insurers need a multidisciplinary approach to tackle challenges and ensure successful implementation.

ARTICLE

Exploring large language models: A guide for insurance professionals

In this introduction to large language models (LLMs) for insurance professionals, we discuss how these components of artificial intelligence are trained to produce accurate results.

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Article

Anomaly detection techniques in fraud detection, performance optimization, and data quality

Methods to detect anomalies can be used to find fraudulent claims in insurance, especially in products with a large frequency of payments, such as in healthcare.

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Article

Anomaly analysis and detection in health insurance

Healthcare fraud is considered a material risk in the Netherlands, and there is a growing effort by insurers to tackle the issue of health insurance fraud given its materiality.

Our experts

Meet some of our experts in the Netherlands:

Raymond Van Es headshot

Raymond van Es

Principal
Raymond Van Es is a principal in the Amsterdam office and practice lead for Data Science & AI. He joined Milliman in 2020, along with his data science team, to build and strengthen the Data Science & AI business. Raymond is responsible for business development activities and data-related client projects.
Daniel van Dam headshot

Daniël van Dam

Lead Data Scientist
Daniel van Dam works as lead data scientist in the Amsterdam office of Milliman. He is responsible for data science-related work for the Benelux. He joined Milliman in 2020.

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