Milliman’s board of directors has elected Mike Meehan as a principal of the firm, based in the firm’s Boston office.
Meehan, who joined Milliman in 1993, has experience with loss reserving, ratemaking, feasibility studies, and financial pro formas for insurance companies, captives, risk retention groups, self-insurance groups, excess insurance pools, municipalities, and Lloyd’s of London syndicates.
In addition, he has assisted in the review of various rate filings for the Rhode Island Insurance Department and has gained experience with workers’ compensation residual markets.
He is an active member of numerous captive domicile committees, including the North Carolina Captive Insurance Association.
Previously, Meehan was also a board member and treasurer of the Vermont Captive Insurance Association.
Commenting on his new role, Meehan says: “I am honoured to have been elected a principal of Milliman. Personally, I have been so fortunate to work with such an extraordinary team of talented and dedicated consultants. It is an honour and privilege to have been elected to the principal leadership team. The firm’s commitment to innovation and excellence has enabled us to be an industry leader, particularly within the captive market.”
“I look forward to working with new and existing clients and continuing to help Milliman maintain its position as a leader in providing actuarial and other consulting services to the captive industry and elsewhere,” he concludes.