insto - Australian financial markets

By replacing face-to-face meetings in the US and UK with "immersive telepresence" conferences, global actuarial and consulting firm Milliman's Sydney office expects to save $250,000 in flight and travel costs over the next 12 months.

Milliman, with over 2,100 employees worldwide, established the Sydney office in early 2007 to service a blue-chip client base that includes insurance providers, superannuation funds, investment companies and wealth management businesses.