Insured

A global dry foods manufacturer.

Issue

The insured required stock only coverage but was looking for more competitive pricing as well as full CAT limits, which was challenging given their high catastrophe exposure.

Response

Miller worked with the insured and their appointed broker to review their coverage. Following on from this, we removed the stock from their property programme and achieved more competitive pricing with a lower deductible than the insured could find anywhere else, especially in terms of their catastrophe exposure.