Miller
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Hayley Malin, who has more than 25 years’ experience in the industry, joins from RKH Speciality. -
The broker has also appointed Rebecca Harvey from Besso to focus on North American production in D&O.
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Rate increases appear to be tapering across the market, except for loss-making accounts, which have experienced restructuring and substantial increases.
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Chris Hardcastle joins from Alesco Risk Management, where he held the role of managing director of delegated authority for 10 years.
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Miller has expanded its European cargo operations with the launch of a French team.
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The intermediary counts the majority of French international footballers among its clients.
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Michael Edwards, Charlie Lunn and Toby Pearcy all join from AmWins Global Risks.
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The broker said new entrants were “holding their nerve” and that clients should not expect insurance spend to be slashed.
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Rates are continuing to rise with most sectors experiencing around 15% increases, but, in some cases, cyber accounts had increases of up to 300%, according to Miller’s latest market update.
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King is joining Miller as part of its Asian expansion strategy, with the independent broker hiring Ron Whyte as its head of strategic development in Singapore just a few months ago.
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The broker will be responsible for leading and developing the surety offering.
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Kate Levett will report to executive chairman Ken MacDonald.
