DFA Strategic Alliance

Providing Solutions for Rapid Deployment of Economic Capital Modeling

Recognizing our property & casualty clients' growing need to swiftly and effectively deploy and leverage good economic capital models, DFA has teamed with Milliman, Inc., one of the premier global consulting and actuarial firms. By aligning DFA’s ADVISE™ advanced stochastic modeling software and GEMS™ Economic Scenario Generator with Milliman's hands-on experience and extensive consulting experience, we are able to provide a greater level of insight into the business and financial risks facing property & casualty insurers.

With the DFA/Milliman solution, clients have the option to augment their in-house resources with experienced Milliman consultants, who in turn, will help them optimize their investment in DFA software and realize the full benefits of DFA’s whole-company modeling technology. Together DFA and Milliman provide clients with the resources and guidance they need to make more strategic, efficient and profitable investment decisions.

The DFA/Milliman economic modeling solution provides a number of key advantages including:

  • Immediacy. The DFA/Milliman solution leverages a tested and proven software platform that’s ready to implement when you need it. You can begin entering data and running models immediately without hiring software developers or dedicating in-house IT resources. Faster deployment enables you to better meet regulatory and ratings agency requirements.
  • Insight. This approach is not just limited to meeting the needs of rating agencies or regulators. The DFA/Milliman solution helps clients place proper parameters on their analyses to obtain more predictive results—and more quickly realize the benefits of using DFA's software.
  • Aptitude. By applying their actuarial judgment, experience and expertise, Milliman helps clients properly parameterize their analyses to obtain more predictive results and more quickly realize the benefits of using DFA’s software.
  • Scalability. Although fully scalable to handle the large and heterogeneous data sets that economic capital modeling demands, this solution doesn’t lose granular detail.
  • Flexibility. The DFA/Milliman solution leverages the modular applications in ADVISE, enabling you to select only those capabilities you need now and add others later.
  • Usability. Multiple users can access the DFA/Milliman solution simultaneously. Reports and dashboards can be tailored to different users and reports can be generated to meet a variety of needs – from financial analysis to regulatory reporting to board-level decision making. Standard reports built into ADVISE include GAAP and Statuary financial statements.
  • Independence. Both Milliman and DFA operate as independent entities. This impartial approach frees both companies to solely focus on the challenges facing our clients. As a result, we are well-positioned to provide innovative solutions designed to deliver valuable benefits to insurers

Contact us to learn how your company can benefit from the DFA/Milliman solution.

More Information

Brochure

Read more about the benefits of the DFA/Milliman joint solution for economic capital modeling.

› Download Brochure

Press Release

February 24, 2009 DFA and Milliman announced a joint soluton for econonic capital modeling.

› Read the press release.