Miller
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Miller has made a string of senior hires in its marine team in the past few months. -
MacDonald spent 13 years at Miller Re, which included a three-and-a-half-year stint as executive chairman.
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The broker is targeting to double its revenues to £400mn by 2025.
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Pene Reuben joins as senior client executive focusing on P&I Club client relationships and business growth.
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Plus this week’s Q1 results and the latest executive moves.
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The wholesaler’s new chief said owners Cinven and GIC have “long-term ambitions” for Miller now it has “regained its mojo”.
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Miller has reported revenues of over £200mn as it marks the two-year anniversary as an independent broker.
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The hire comes as Miller continues to expand its UK team under the leadership of Tim Norman.
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David Porter left Ardonagh Specialty’s subsidiary Ed after almost two years as head of cyber and VP of casualty.
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Ex-Miller broker Andrew Vertigan will also join BMS’ energy team as it looks to strengthen its service offering.
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The broker said the line of business has experienced 22 straight quarters of rate increases to reach “some degree of profitability”.
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Matthew Keeping joins the company following a business restructure announced last week.
