Milliman Acquires Life Strategies

In a recent deal, Life Strategies, independent life actuarial consulting firm based in Dublin, will become Milliman Ireland. Milliman Inc., a consulting and actuarial firm, announced it has acquired Life Strategies, which has expertise in the life insurance arena, both within the Irish domestic market and the cross border industry from Ireland. The company’s clients are chiefly insurance companies, reinsurance companies, and other financial institutions, banks and major distributors.

"Life Strategies' position as the leader in its space among Irish consultants continues an important pattern for Milliman,” says Milliman chairman, Brad Smith. “We have been able to successfully attract the best consultants, at least in part, because we offer them the opportunity to work on the most satisfying and rewarding client assignments."

Milliman Ireland will continue to be managed by the current management team. All members of the current management and staff of Life Strategies will remain with Milliman Ireland.

"We believe the decision to join Milliman will prove to be an enormous benefit for our clients," says Dermot Corry, principal and consulting actuary, who leads Milliman Ireland's practice. "Milliman Ireland will continue to provide the high quality actuarial and strategic consulting services that have made Life Strategies the clear leader in the Irish market. In addition, with our colleagues in Milliman offices across Europe and the US, we will now have the ability to resource larger projects including mergers and acquisitions and initiatives across multiple countries. Joining Milliman will allow us to offer a wider range of services to our clients and should enhance our client offering greatly."

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