Bridgewater, (United States), July 2 (ANI): IGATE Corporation, the New Jersey-headquartered integrated technology and operations solutions provider today announced its new alliance with Milliman, the leading actuarial firm.
IGATE will look to Milliman’s actuarial expertise as part of the IGATE Business Administration Services (IBAS), the Third Party Administration unit of the company.
IGATE and Milliman will start leveraging each other’s professional services in the long-term care (LTC) Insurance industry. Milliman’s expertise and service offerings in the areas of in-force block management, valuations, and re-rate filings, will now be available to IBAS’ new and existing clients as part of its traditional TPA offering.
Commenting on the new alliance, Partha Deka, Vice President IBAS, stated, “We are excited about the prospect of this relationship. We believe through this alliance, Milliman’s leading actuarial service offerings will enhance the overall proposition of our LTC TPA solution and further consolidate our position as a leading provider in this space.”
Al Schmitz, Principal at Milliman also mentioned: “We are excited to work with IBAS and leverage the synergy that comes from a flexible TPA platform that produces high quality data that will feed into our actuarial analyses and reports.” (ANI)