We recently placed primary all risks coverage for a multi-national polymer manufacturer.
When another London wholesaler was unable to complete the placement to the client’s satisfaction, Miller took over the account as the broker of record just three weeks from inception.
In this short timeframe, Miller was able to negotiate fresh terms for this loss-affected account, including an alternative policy limit and a payment instalment plan to ease the impact of the premium to the insured.
As well as speed of service, a key differentiator was the value we added through our risk modelling capabilities, which enabled us to recommend and justify an appropriate level of protection.
Leveraging analytics
Our Analytics team has a depth of experience in actuarial and catastrophe modelling. We use this expertise to analyse bespoke insurance structures based on the unique financial characteristics of our policyholder clients. In doing so we can influence underwriter assumptions to achieve a lower price and design more effective programme structures.