Reinsurance News
Miller
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
Miller expands reinsurance offering with new APAC treaty team
20th September 2023
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 ... Read the full article
Miller names Gérald Castanier to develop European leasing practice
13th September 2023
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, ... Read the full article
Miller expands Asia team with two senior appointments
23rd August 2023
Independent specialist re/insurance broker, Miller has announced two new appointments to its leadership team in Asia to enhance the firm’s core growth strategy in the region. Nigel Cross has been appointed as Head of Facultative Reinsurance in Asia. Meanwhile, Matthew Hooker will take on an expanded role leading the company’s client engagement ... Read the full article
Miller names Oscar Holloway Head of Europe
2nd August 2023
Specialist (re)insurance broker Miller has appointed Oscar Holloway as Head of Miller Europe to support its strategic growth ambitions. Holloway joins Miller from Marsh, where he was Senior VP in its capital markets division, providing advice and structured finance solutions to banks, corporates, and funds. He began his career as an Infantry ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
