Article: Milliman acquires IBM's insurance-software design unit - Puget Sound Business Journal (Seattle):

IBM Business Consulting Services. Terms were not disclosed. The unit designs and develops valuation software for the life insurance industry and loss-reserve analysis tools for the property and casualty insurance market. Milliman said the 26 employees of Insurance Actuarial Software's two units will continue to operate as dedicated businesses and move to the Milliman offices in Hartford and Atlanta, respectively. Products developed for life insurance ...

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