Specialist (re)insurance broker Miller has announced a significant expansion of its reinsurance offering through the establishment of a new treaty reinsurance team in APAC, led by Richard Broad as Head.
Broad most recently served as Regional Head of Reinsurance for Lockton APAC, based in Singapore. Collectively, he holds over two and a half decades of experience in reinsurance broking.
Broad will be joined by four other senior appointments: Bruce Ford and Pei Nee Goi in Singapore and Jo Garnett and Hui Sin Low based in Malaysia.
Miller suggested that these appointments support its broader growth strategies for both Asia and reinsurance.
The firm has made several senior appointments in Asia since returning to independence in 2021, as well as acquiring Japanese specialist broker Lead Insurance in 2022.
In total, Miller now has 50 employees in Asia across Singapore, Malaysia, and Japan and has plans to continue its growth in the region.
Ron Whyte, Head of Miller Asia, commented, “APAC is a central pillar of Miller’s international growth strategy and a market in which we see clear long-term opportunities. We want to establish meaningful and value-add reinsurance capabilities in the region and establishing this new team is a significant milestone.
“Richard, Bruce, Jo, Pei Nee, and Hui Sin are highly experienced senior practitioners; they are all experts in their subject matter with a deep understanding of the region and I am confident they will hit the ground running. It will be exciting to bring new products and solutions to our clients and see our reinsurance footprint grow.”
Richard Broad added, “Miller has clear ambitions to grow in APAC, and this can be seen from the investments and hires it has made over the last 18 months.
“A fundamental attraction of Miller is the culture and their belief in empowering entrepreneurial brokers who want to spend their time advising clients and delivering a first-class service. This is a great time to join.”
