Miller provides answer to increased terrorism purchasing demand

The threat and risk of terrorism throughout the world has not reduced and examples of terrorist activity can be seen throughout the globe. The recently foiled plot to blow up transatlantic planes with liquid explosives in the UK has further increased awareness for protection against terrorism risks - leading to an increase in purchasing of terrorism insurance.

The unrest resulting from conflicts in the Middle East has further increased demand for cover. Which in turn has been reflected by increases in capacity levels and new pricing options available in the market.

In response to this, Miller Insurance Services Limited (Miller) has launched a new, simple to use, online submission system for stand-alone terrorism insurance. This is designed to significantly reduce the time necessary to complete a terrorism submission, aiding and assisting clients.

Miller's new online submission system can respond to the changing dynamics of the market by using a client-friendly process that allows clients to swiftly input all the necessary details required for a stand-alone terrorism non-binding indication. This simple system takes just five minutes to capture all the relevant information required by underwriters: speeding up the process for clients and the market and helping to meet the anticipated increase in demand.

The development of the new system highlights Miller's continued commitment to proactive and innovative service in this highly specialised area. Not only does the system actively utilise developing technology but, by allowing users to input all pertinent data themselves, the system ensures a higher level of contract certainty and accuracy for all parties involved.

Miller also offers assistance for businesses that are reviewing the scope of their current policies to ensure adequate cover is in place.

John Eltham, Director - Special Risks, Miller Insurance Services Limited commented: "Miller has extensive experience in political risks insurance including terrorism covers and is dedicated to delivering practical insurance solutions for today's challenging market. The addition of an internet based submission system will be an invaluable service to our clients - the technology is simple to use and reduces the margin for error - ensuring a fast and efficient turnaround of enquiries."

The service can be accessed by visiting
www.miller-enquiry.com/terrorism

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Notes to editors

About Miller
Miller Insurance Services Limited is the UK's largest privately owned insurance and reinsurance broker, operating internationally and at Lloyd's. Founded in 1902, Miller now employs over 500 people and handles an annual premium throughput in excess of US$1.5 billion.

For more information please contact:

Charlie Evans on:
Tel: +44 (0)20 7031 2305
Email: charlotte.evans@miller-insurance.com

Kate Newell on:
Tel: +44 (0)20 7031 2453
Email: kate.newell@miller-insurance.com