Milliman Opens Office in Israel

Milliman Inc., the global consulting and actuarial firm, announced it is opening an office in Tel Aviv, which will provide the full gamut of insurance and actuarial consulting services.

Benny Gabbay, a leading figure in the Israeli insurance industry, and Daniel Sharon, until recently chief actuary of Phoenix Insurance Ltd, a leading Israeli insurer, will oversee the office in Israel. Each brings a deep knowledge of the Israeli insurance market and over 20 years of industry experience to the firm.

“Developments in the insurance and actuarial industry, particularly in areas of regulation (IFRS 17, Solvency II) and insurtech, represent the ideal timing for Milliman’s expansion to Israel,” said Gabbay.

Source: Milliman Inc.