Working with a specialist retail broker, Miller recently received the broker of record (BOR) to place cargo stock throughput coverage for a US refrigeration manufacturer and distributor.
A recent merger between London broking competitors gave Miller an opportunity to position ourselves as a compelling alternative.
The technical challenge
The insured’s programme did not cover the breadth of their exposures and they were looking for a comprehensive and cost effective solution.
During visits to the Birmingham office last year, we explained the options clearly, suggesting potential re-structuring and new ideas for a long-term partnership. We successfully managed to implement the restructuring of their insurance programme, with a USD400m limit across three layers.