SEATTLE – June 18, 2025 – Milliman, Inc., a premier global consulting and actuarial firm, is pleased to announce that Milliman Nodal has been recognized as the 2025 InsuranceERM Awards – Americas “Analytics Solution of the Year.” The awards celebrate the leading risk management solutions and innovations across the insurance industry in the Americas.
Developed by Milliman actuaries and data scientists with extensive insurance expertise, Milliman Nodal is an advanced insurance claims analytics platform that combines AI-driven predictive analytics, proprietary benchmarking, and intelligent automation to help insurers improve claim outcomes, reduce loss costs, and strengthen oversight throughout the claim lifecycle.
Nodal transforms raw claims data into actionable insights using a combination of artificial intelligence, large language models (LLMs), and proprietary datasets—allowing claims professionals to make smarter, faster, and more consistent decisions without adding administrative burden.
InsuranceERM’s judging panel highlighted Nodal’s ability to provide tailored analytics that support smarter, faster, and more consistent claims decisions. Nodal delivers actionable intelligence, empowering insurers to improve visibility, control costs, and mitigate litigation risk.
Nodal brings together two advanced solutions under a single platform:
- Nodal Triage: A claims triage solution that uses predictive analytics to identify high-risk claims early, helping insurers prioritize resources and intervene proactively.
- Nodal Medical Benchmarking: Leverages proprietary medical benchmarking datasets to flag deviations in treatment patterns and billing behavior, allowing claims professionals to detect potential issues before costs escalate.
“We built Nodal to give insurers a smarter way to manage claims, with AI that works for them,” says Mike Paczolt, Milliman principal and Nodal founder. “This recognition reinforces our commitment to delivering innovative solutions that help insurers achieve better claim results.”
Learn more about Milliman Nodal.
Download a copy of this press release.
Contact:
Mike Paczolt
Milliman, Inc.
Tel: +1 312 499 5720
Email: michael.paczolt@milliman.com
For more information on the 2025 InsuranceERM Americas Awards, visit:https://www.insuranceerm.com/content/awards/insuranceerm-annual-awards-2025-americas
About Milliman
Milliman leverages deep expertise, actuarial rigor, and advanced technology to develop solutions for a world at risk. We help clients in the public and private sectors navigate urgent, complex challenges—from extreme weather and market volatility to financial insecurity and rising health costs—so they can meet their business, financial, and social objectives. Our solutions encompass insurance, financial services, healthcare, life sciences, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.