Stuart A. Robertson - Evolution of The Firm

Evolution of The Firm

Over the years, Milliman and Robertson built on the firm’s fundamentals. An entrepreneurial model gave principals the opportunity to invest in new expansion, either geographically or into new practice areas, and enabled them to benefit from successes while taking on some of the risks.

When Milliman retired in 1971, Robertson was named CEO and chairman of the firm. James Curtis became president. At the time, Robertson had been in the actuarial field for 30 years. In 1974, under his leadership, a peer-review process was adopted to check on the quality of work in real time. In 1976, the firm reorganized so that four national directors oversaw four practice areas.

Colleagues praised Robertson for his contribution to the firm’s professionalism and for a slight streak of conservatism that kept the firm on course. He also proved his skill as a writer when, in 1988, he published his book, Milliman and Robertson: Reflections on the First Forty Years.

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