Skip to content



Search events. View events.
  Economic Development Corporation, Indiana Submit Events
Welcome to the IN.gov Calendar. Please use the Help button to the right for any assistance while using the Calendar.
Click for help in using calendar displays. Print the contents of the current screen.

Advanced Search (New Search)
  From:
  To:

 

 

 


Submit
Entry Details
Notify me if this event changes.Add this event to my personal calendar.Email this entry to a friend.
Go Back
[IEDC] Global Consulting Firm Grows in Indianapolis
Start Date: 12/14/2012 All Day
End Date: 12/14/2012
Entry Description

INDIANAPOLIS (Dec. 14, 2012) – Milliman, Inc., an actuarial and consulting firm, announced plans today to expand its operations here, creating up to 26 new jobs by 2017.

The Seattle, Wash.-headquartered company, which has 54 offices on five different continents, will invest $2 million at its current 25,000 square-foot office in downtown Indianapolis and install additional information technology equipment. Milliman, which currently employs more than 55 associates in Indianapolis, has already begun hiring additional actuarial consulting professionals.

“Once again, Indiana’s business-friendly climate and talented workforce seal the deal for a high-growth firm looking to expand its business,” said Dan Hasler, Secretary of Commerce and chief executive officer of the Indiana Economic Development Corporation. “We look forward to Milliman continuing its contribution to Indiana’s business landscape and creation of high-quality careers for Hoosiers.” 

Founded in 1947 in Seattle, Wash., Milliman provides consulting for employee benefits, healthcare, life insurance and financial services, as well as investment, property and casualty insurance issues consulting. The company, which has had a presence in Indianapolis since 1965, has more than 2,600 consulting professionals worldwide serving the full spectrum of business, government, education and non-profit organizations.

“Milliman is pleased to be expanding in Indianapolis,” said Robert Damler, principal and consulting actuary at Milliman. “Our decision to grow in Indianapolis is driven in large part by the state and community efforts to provide a low-cost business environment as well as an excellent supply of top-quality talent.”

The Indiana Economic Development Corporation offered Milliman, Inc. up to $400,000 in conditional tax credits and up to $97,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Indianapolis supports this project at the request of Develop Indy.

“We are pleased that Milliman will be expanding its operations here in Indianapolis, adding more quality jobs to our talented workforce,” said Indianapolis Mayor Greg Ballard. “Our low cost of doing business and our skilled labor force are primary reasons why global companies such as Milliman choose to invest in our city.”

Milliman has benefited from using Indiana's talented workforce and actively recruits from Hoosier institutions of higher education, including Ball State, Butler and Purdue Universities, all of which offer actuarial science programs.

About Milliman
Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property and casualty insurance, life insurance and financial services and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. It is a founding member of Abelica Global, an international organization of consulting firms serving employee benefits clients worldwide. For more information, visit www.milliman.com.

About IEDC
Created by Governor Mitch Daniels in 2005 to replace the former Department of Commerce, the Indiana Economic Development Corporation is governed by a 12-member board chaired by Governor Daniels. Dan Hasler serves as the chief executive officer of the IEDC.

The IEDC oversees programs enacted by the General Assembly including tax credits, workforce training grants and public infrastructure assistance. All tax credits are performance-based. Therefore, companies must first invest in Indiana through job creation or capital investment before incentives are paid. A company who does not meet its full projections only receives a percentage of the incentives proportional to its actual investment. For more information about IEDC, visit www.iedc.in.gov.

- 30 -

Media Contacts:
Robert Damler (Milliman) – 317.524.3512 or rob.damler@milliman.com
Katelyn Hancock (IEDC) – 317.234.2294 or kahancock@iedc.in.gov
Contact Information:
Name: Katelyn Hancock
Phone: 317-234-2294
Email: kahancock@iedc.in.gov
Default
Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Government
  • Business & Agriculture
  • Agency Name
    Economic Development Corporation, Indiana

    Calendar software powered by Active Data Calendar   
    Select item(s) to Search






    Select item(s) to Search
    Select item(s) to Search

    Select item(s) to Search