- By Rebecca Harborne
- 13 January 2025
Miller, the independent specialist (re)insurance broker, is pleased to announce its further expansion into Asia with the launch of Miller Korea, led by David Kim as Head of Korea. Miller Korea will focus on delivering global specialty expertise in the Korean market via a dedicated team of specialist insurance and reinsurance brokers.
David brings both a wealth of industry experience and local-market knowledge of Korea. Over the past twenty-five years, he has served in a range of leadership positions across the insurance sector, including as CEO of Marsh Korea, having also established Johnson and Higgins Korea which was subsequently acquired by Marsh. Prior to this, he worked for ten years in the investment industry, including at Morgan Stanley in Japan.
David will be joined by a number of hires, including key leaders Andrew Kim, Youngkum Yoon and Tae Hoon Kim.
• Andrew Kim, brings over 25 years’ experience in the Korean insurance market with companies including Hanwha General Insurance, Chubb, Marsh, Lockton and was most recently CEO for Korea at AmTrust.
• Youngkum Yoon, Head of Finance and Operations brings over 23 years’ experience in the finance and operations area, most recently with Assurant Korea where she served as Finance Director.
• Tae Hoon Kim, joins from Aon Korea, where he worked as a Director focused on large P&C Korean clients in the energy, property and casualty sectors.
The launch of Miller Korea marks another significant step in Miller’s expansion across Asia, including its acquisition of Japanese broker Lead Insurance Services in 2022, and the recent hire of Tokinori Kono and Satoshi Watanabe to build out an expanded set of product capabilities for Miller in Japan. The launch also underscores Miller’s broader international growth ambitions, having announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon and Swiss reinsurance capital advisory firm 4809 Brokers in 2024.
Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement further demonstrates Miller’s commitment to the Asian market, which remains a cornerstone of our ambitious international growth objectives. David is highly respected and well-known in the Korean insurance market, and I can think of no-one better qualified to lead Miller’s push into the region as we continue to expand the scope and reach of our market-leading specialist capabilities.”
David Kim, Head of Korea at Miller, said: “I have been struck by the extent of Miller’s aspirations in Asia and look forward to playing an active role in helping to achieve these. Having worked in Korea for over 20 years, I know there is a huge opportunity and I am looking forward to working with the team to grow our presence in the region.”
David will be joined by a number of hires, including key leaders Andrew Kim, Youngkum Yoon and Tae Hoon Kim.
• Andrew Kim, brings over 25 years’ experience in the Korean insurance market with companies including Hanwha General Insurance, Chubb, Marsh, Lockton and was most recently CEO for Korea at AmTrust.
• Youngkum Yoon, Head of Finance and Operations brings over 23 years’ experience in the finance and operations area, most recently with Assurant Korea where she served as Finance Director.
• Tae Hoon Kim, joins from Aon Korea, where he worked as a Director focused on large P&C Korean clients in the energy, property and casualty sectors.
The launch of Miller Korea marks another significant step in Miller’s expansion across Asia, including its acquisition of Japanese broker Lead Insurance Services in 2022, and the recent hire of Tokinori Kono and Satoshi Watanabe to build out an expanded set of product capabilities for Miller in Japan. The launch also underscores Miller’s broader international growth ambitions, having announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon and Swiss reinsurance capital advisory firm 4809 Brokers in 2024.
Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement further demonstrates Miller’s commitment to the Asian market, which remains a cornerstone of our ambitious international growth objectives. David is highly respected and well-known in the Korean insurance market, and I can think of no-one better qualified to lead Miller’s push into the region as we continue to expand the scope and reach of our market-leading specialist capabilities.”
David Kim, Head of Korea at Miller, said: “I have been struck by the extent of Miller’s aspirations in Asia and look forward to playing an active role in helping to achieve these. Having worked in Korea for over 20 years, I know there is a huge opportunity and I am looking forward to working with the team to grow our presence in the region.”
