Milliman releases Arius 2.8, with new documentation tools and the ability to build more complex analysis projects

By a News Reporter-Staff News Editor at Insurance Weekly News -- Milliman, Inc., a premier global consulting and actuarial firm, announced that it has released version 2.8 of Arius(®), its state-of-the-art loss-reserving system for property and casualty insurers. This is the tenth major release of new functionality since Arius' introduction three years ago, and an eleventh release of new features is planned for fall 2016. This latest update focuses on usability and project structure, allowing actuaries to build multi-layered and interrelated analyses to more realistically reflect the complex nature of today's insurers.

Ken Scalf, Property and Casualty Software Products Manager noted, "Milliman does reserve analysis very much like our clients, under similar time constraints and quality standards. We understand that in addition to actuarial or statistical functionality, sometimes the best way we can help our clients is by improving their process and approach to their analysis. Our latest release of Arius demonstrates Milliman's continued commitment to providing the best solutions to enhance the efficiency of our clients' work."

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