Miller, a leading specialist (re)insurance broker, has announced the appointment of Gérald Castanier to spearhead the establishment of a new European leasing practice.
This strategic move aims to fortify Miller’s presence in the insurance sector while providing essential protection to banks, corporates, and funds acting as lessors against rental non-payment.
Gérald Castanier, who joins Miller from Aon where he successfully developed its leasing solutions practice, will be the driving force behind this venture.
With an extensive background in credit and trade finance, including a tenure at Deutsche Bank as VP Sales Trade Finance Officer, Castanier brings a wealth of experience to this role.
Arnaud Froideval, Head of Credit and Political Risks for Europe at Miller, expressed his satisfaction with the appointment, saying, “I’m pleased to welcome Gérald to Miller to lead the launch and development of our new leasing practice. Gérald brings strong experience in credit and trade finance and a proven entrepreneurial mindset, and I look forward to the growth of this new offer for Miller’s banking and corporate clients.”
Leasing insurance, a critical component of this new initiative, not only safeguards clients against rental payment defaults but also offers bespoke solutions for additional coverage, including protection against political violence and the residual value of insured assets. This comprehensive approach aims to create a differentiated proposition in a large and promising market.
Gérald Castanier expressed his enthusiasm about the opportunity, stating, “I’m delighted to be joining Miller to develop its leasing practice, a large addressable market for which I believe Miller can create a differentiated proposition. I look forward to working closely with Arnaud and my new colleagues across London and Europe. Miller’s significant ambitions for Europe make this an exciting time to join.”
