Reinsurance News
Miller
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
Marine loss from Russia-Ukraine conflict insignificant compared with aviation loss: Miller
18th July 2023
At around $400m, marine loss from the Russia-Ukraine war seems insignificant compared with the aviation loss, where more than 400 aircraft worth almost $10bn, have been stuck in Russia after lessees did not return the jets, according to Miller’s marine insurance market report. The marine insurance market expects to be impacted ... Read the full article
Miller expands US Casualty team with key appointments
17th July 2023
Independent specialist re/insurance broker, Miller has announced a significant expansion of its US Casualty team with the appointment of two seasoned professionals, Galen Brislane and Danielle Thorsteinson, as Account Executives. Brislane joined Miller in July and brings over three decades of invaluable experience in the London and Bermudian markets, with a ... Read the full article
Miller strengthens entertainment team with senior hire
4th July 2023
Independent specialist re/insurance broker, Miller has announced the appointment of Juan Hernandez as an Account Executive in its Sports and Entertainment team. Hernandez will report to Susana Bramwell, Head of Media, Film & TV. The role will be based out of London. At Miller, Hernandez's remit will include working as part ... Read the full article
Whitespace announces agreement with Miller to join its platform
20th June 2023
Whitespace, the fully digital e-trading platform and a Verisk company has announced that it has reached an agreement with Miller, the specialist re/insurance broker, to join its platform. Initially, Miller is using the Whitespace Platform in its Casualty team from 1 June 2023. Miller is one of a growing number of ... Read the full article
Miller names Nick Lockyer Chairman of Direct Marine
8th June 2023
Specialist re/insurance broker Miller has appointed Nick Lockyer to the newly formed role of Chairman of Direct Marine, working in collaboration with Andrew Challacombe in his role as Chairman of Marine. Lockyer most recently served as the joint Managing Director of Marine at Marsh, having been joint Managing Director and Joint ... Read the full article
Miller appoints Lockton International’s Craig McCoig-Lees as part of Asia reinsurance expansion
1st June 2023
Specialist re/insurance broker Miller has appointed Craig McCoig-Lees as a Treaty and Facultative Casualty and Financial Lines specialist broker. In his new role, McCoig-Lees will support the continuing build out of Miller’s Facultative and Treaty reinsurance offering in Asia, with a particular focus on Casualty and Financial lines. The broker has confirmed ... Read the full article
Miller hires Beazley’s Kate Enright as Head of Data
25th May 2023
Re/insurance broker Miller has appointed Kate Enright as Head of Data. As Head of Data, Enright will be responsible for building out the firm’s data and analytics capability, to effectively unlock data value, as well as drive new client solutions, and support Miller in implementing its strategic ambitions. She joins Miller from ... Read the full article
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