Miller launches treaty reinsurance team in Asia with Lockton expert
Specialist re/insurance broker Miller has significantly expanded its reinsurance prowess by setting up a new treaty reinsurance division in the Asia Pacific, tapping into seasoned industry experts, including the head of reinsurance at Lockton APAC.
The team will be led by Richard Broad as head of treaty APAC. Broad will be joined by four other senior appointments: Bruce Ford and Pei Nee Goi in Singapore and Jo Garnett and Hui Sin Low based in Malaysia.
Broad was most recently regional head of reinsurance for Lockton APAC, based in Singapore. He has over 25 years’ experience in reinsurance broking.
Miller said the appointments are a part of its broader growth strategies for both Asia and reinsurance. The broker has made a number of senior appointments in Asia since returning to independence in 2021, as well as acquiring Japanese specialist broker Lead Insurance in 2022.
Ron Whyte, head of Miller Asia, said: “APAC is a central pillar of Miller’s international growth strategy and a market in which we see clear long-term opportunities. We want to establish meaningful and value-add reinsurance capabilities in the region and establishing this new team is a significant milestone. Richard, Bruce, Jo, Pei Nee and Hui Sin are highly experienced senior practitioners; they are all experts in their subject matter with a deep understanding of the region and I am confident they will hit the ground running. It will be exciting to bring new products and solutions to our clients and see our reinsurance footprint grow.”
Broad commented: “Miller has clear ambitions to grow in APAC and this can be seen from the investments and hires it has made over the last 18 months. A fundamental attraction of Miller is the culture and their belief in empowering entrepreneurial brokers who want to spend their time advising clients and delivering a first-class service. This is a great time to join.”
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