Reinsurance News
Miller
Miller appoints Nick Rnjak to build global power offering
10th April 2024
Miller, the independent specialist insurance and reinsurance brokerage, has appointed Nick Rnjak as the Client Advocate for its Onshore energy team, based in London. Rnjak will report to Martin Henderson, Head of Energy & Construction. His remit will include being responsible for scoping and developing a dedicated global power offering. Additionally, he ... Read the full article
GIC completes acquisition of Cinven’s shares in UK broker Miller
28th March 2024
Global investment firm GIC has completed the acquisition of Cinven’s shares in Miller, a transaction that “secures long-term independent future for Miller as a leading specialist broker.” Having announced GIC’s acquisition plans back in December 2023, Miller has undergone a period of significant expansion - driven by both strong organic ... Read the full article
Miller bolsters Onshore energy practice with senior appointments
25th March 2024
Specialist re/insurance broker Miller has bolstered its Onshore energy practice team with four appointments, naming Adam Barber-Murray to lead the team as Head of Onshore. In this new role, Barber-Murray will focus on midstream and downstream oil and gas, petrochemicals, power and renewables risks. He joins from Willis Towers Watson, where he spent ... Read the full article
Miller continues to bolster Fine Art & Specie team with Thorpe appointment
18th March 2024
Independent specialist re/insurance broker, Miller, has expanded its newly created Fine Art and Specie offering by building out a team of sector specialists under the leadership of Annabel Fell-Clark, Head of Fine Art and Specie. The company has confirmed that Lance Thorpe has joined the division, taking on the role of ... Read the full article
Miller posts record revenues of £240m in FY23
5th March 2024
Miller, the independent specialist re/insurance broker posted its results for the full-year 2023, which included record total revenues of £240 million, representing a 26% increase from 2022, driven by 19% organic growth and positive contribution from 2022 acquisitions. At the same time, the company also recorded total Gross Written Premium (GWP) ... Read the full article
Miller expands into parametric insurance market
1st March 2024
Insurance and reinsurance broker Miller's expansion into the parametric insurance market will be led by Alice Glenister, who joins the firm from Mastercard where she was Director of Insurance. Miller's newly formed parametric team will have an exclusive focus on parametric insurance and bring deep knowledge of the application of parametric ... Read the full article
Miller hires Kennedy as Client Advocate across Upstream and Onshore Energy teams
12th February 2024
Independent specialist (re)insurance broker Miller has appointed Hayley Kennedy as Client Advocate across its Upstream and Onshore Energy teams. According to Miller, in her new role, Kennedy will focus on client development and tenders with particular attention on the Middle East and North Africa (MENA) region. Kennedy joins Miller from Shell International ... Read the full article
More consistent approach to property, casualty results more muted at 1/1 renewals: Miller Re
7th February 2024
Independent specialist re/insurance broker Miller's new London and International Market Update, notes a more consistent approach to trading within the property market at the January 1st, 2024, reinsurance renewals, and while pressure remains in the casualty space, the overall results were more muted than last year. According to Miller Re, the ... Read the full article
Miller hires Guy Carpenter’s Shaun Sinniah as Head of Reinsurance & Capital
17th January 2024
Independent specialist re/insurance broker, Miller, has hired Guy Carpenter’s Shaun Sinniah as Head of Reinsurance and Capital, in a move that is set to bolster the company's reinsurance offering and international presence. In his new role, Sinniah will be based in London. In his previous role at Guy Carpenter, Sinniah served as ... Read the full article
Miller expands Fac team with Guy Carpenter’s Ollie Spells
2nd January 2024
Miller, a specialist re/insurance broker, has appointed Guy Carpenter's Ollie Spells as Head of London Property Facultative within the company's Global Facultative team. Spells, who joins the firm this month, specialises in providing complex facultative reinsurance coverages for UK and global property business. In his most recent role at global risk and ... Read the full article
Miller strengthens reinsurance team with addition of Chris Board
18th December 2023
Miller, the specialist re/insurance broker, has appointed Chris Board to its reinsurance team. Initially based in Bermuda, the plan is for Board to join the firm's London office next year. Board will report to Charlie Simpson, Head of Bermuda. His appointment is part of the company’s strategically mapped reinsurance plan that ... Read the full article
GIC reaches agreement to acquire Cinven’s shares in Miller
11th December 2023
Miller has announced that GIC, a global institutional investor, and Cinven, an international private equity firm, have reached an agreement for GIC to acquire Cinven’s shares in Miller, "securing its long-term independent future as a leading specialist broker." The transaction is expected to close at the end of Q1 2024, and ... Read the full article
Miller launches AI Digital Assistant for employees
8th December 2023
Specialist re/insurance broker Miller has launched a new artificial intelligence (AI) tool, MillerMo, based on technologies from Microsoft and OpenAI. It was designed to enable Miller employees - more than 800 people across its UK and international operations - to automate administrative tasks, allowing them to focus on the core elements of ... Read the full article
Miller appoints William Seccombe to lead Financial Lines business in Asia
6th November 2023
Miller, a leading independent specialist (re)insurance broker, announced the appointment of William Seccombe as the new leader of its Financial Lines business in Asia. Seccombe joins Miller from Lockton, where he held the position of Regional Head of Transactional Risks in Asia Pacific, successfully establishing the firm's practice in the region. Prior ... Read the full article
Miller and Clearwater Dynamics partner for Black Sea vessel war risks insurance
26th September 2023
Miller, a leading independent specialist (re)insurance broker, and Clearwater Dynamics (CWD), in collaboration with Ukrainian authorities, have joined forces to introduce comprehensive War Risks insurance coverage for vessels operating in the Black Sea. This groundbreaking solution leverages Clearwater Dynamics' cutting-edge technology to enable advanced vessel tracking and 24/7 operations room monitoring, ... Read the full article
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