Following a significant reduction in capacity for listed risks in both the Australian domestic and London markets, our producing brokers are finding it increasingly difficult to find solutions.

The incumbent broker had instructed their London office to place the programme into London, however, following lengthy delays, the insured appointed Miller exclusively to complete the placement.

Delivering on our promise, Miller secured the most competitive and comprehensive cover and received the firm order. The biggest challenge with the placement was the need for securities entity coverage, which was extremely difficult to obtain given the insured had dual listing in Australia and the US.

This important win is the latest in a series of successful placements into the London market.