Miller
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Curtin has spent almost 50 years in the market with stints at Marsh and Sedgwick.
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The market is showing signs of having reached its peak amid an influx of new capacity.
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The Singapore sovereign wealth fund has taken over GIC’s holdings in the broker.
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Miller also appointed three other WTW brokers to its onshore energy team.
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The broker has also appointed Charlie Liddle and Rowan Minhas to the team.
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Kennedy previously worked as an energy broker at Aon and Marsh.
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The broker said softening was emerging in some lines, but cat risks remain challenging.
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He will take up his new role in September.
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The executive joins the company as it looks to bolster its reinsurance capabilities.
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An escalation of conflict at the end of last week is expected to put significant upwards pressure on marine war rates.
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Ollie Spells joins from Guy Carpenter, where he was a senior producer in the broker’s UK facultative property team.
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The move points to a longer spell of independence for Miller – but possible bearishness on external interest in UK broking.
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The pair bought the broker together from WTW in 2021.
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The broker is hiring in energy following the departure of several downstream brokers for Price Forbes.
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The downstream brokers will join Price Forbes alongside former colleague Dan Nicholls, who left Miller last month.
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Sources voiced some disappointment in the rate reduction but acknowledged the improved loss record of the contract.
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Stuart Williams, currently war practice leader, will become head of new business.
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The onshore energy broker has more than 15 years’ experience in the sector.
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The broker has partnered with maritime data firm Clearwater Dynamics to provide advanced vessel-tracking solutions.
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Former Lockton APAC reinsurance head Broad will be supported by a team of four.
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The football club initially sued the broker for £10mn in a claim connected with the death of the footballer in a 2019 plane crash.
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Nicholas Lyons plans to champion the London market's expertise on cyber and climate risk, and discuss ideas for a consolidated systemic risk pool.
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The broker has also expanded the role of recently appointed Matthew Hooker to leading Miller’s client engagement strategy.
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The executive is tasked with driving expansion on the continent.
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Dave Cahill and Adam Power have resigned, as Miller managed to shore up remaining members of its casualty team.
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Miller is now using Whitespace for casualty business in a move to leverage the e-trading platform's data-capture functionality.
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Miller has made a string of senior hires in its marine team in the past few months.
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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.
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The UK division will be headed by Tim Norman, while the international business will be directed by Mike Papworth.
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The broker said it had repeatedly made the football club aware new signings not added to the policy schedule were uninsured.
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Will Morgan was part of the original broking team when Inver Re launched in 2021.
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The football club had purchased £16mn worth of PA coverage for its team and claims it would have bought an additional £20mn worth of coverage for Emiliano Sala.
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James Floyd joins from Gallagher, where he was a director on its crisis management team.
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While competition is picking up, a likely rise in claims during a recession is likely to prevent a return to a soft market.
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Some expressed disappointment at the rate change, but it came off the back of a major correction last year.
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Simon Lazarus, Andrew Vertigan and Oleg Grigorovich were part of the international team in Miller’s upstream business.
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