Miller, the independent specialist (re)insurance broker, is pleased to announce the acquisition of Henner Sports from the Henner Group. Miller expects the acquisition to be highly complementary to its current market leadership in sports insurance.
Founded in 2000, Henner Sports is a leading French (re)insurance broker specialising in the sports sector. Today, it has a multi-lingual team of 14 employees based in Paris. Henner Sports’ client base is focused on high-profile professional athletes and sports organisations, with clients including the French national basketball team and the majority of the French international football players. In addition to its highly regarded football offering, Henner Sports acts for clients across a range of other sports such as cycling and rugby. Products include insurance for individuals, clubs, and federations.
Alongside offering insurance and reinsurance broking services, Henner Sports also operates as a delegated underwriting agent for a number of its partner carriers.
Greg Collins, CEO, Miller, commented: “We have clear aspirations to expand Miller’s footprint in Europe through targeted expansion and are pleased to announce the acquisition of Henner Sports as part of this strategy. In Henner Sports we recognised a strong fit for Miller’s approach and culture, with its rapid growth underpinned by exceptional service from a practitioner-led team, a number of whom are former professional footballers. We look forward to welcoming the Henner Sports team to Miller and supporting their growth ambitions.”
James Hands, joint Head of Special Risks, said: “Miller is already a market leader in sports insurance, and Henner Sports is a natural fit to further strengthen this offering. They have established an outstanding client base and reputation in France, in particular within football, and have developed a proprietary online underwriting tool that significantly enhances distribution. Together, we are excited about the opportunity to enhance our product set and distribution and the potential for Henner Sports to grow its share of the European football market over the next five years.”
Didier Loiseau, Directeur Général, Henner Sport, commented: “We are delighted to join Miller, their commitment to a client-led approach and the strength of their existing Sports team makes them a natural fit for us. We have significant ambitions for our next phase of growth, including establishing a greater international presence and a broader product offering. In Miller, we are pleased to have found a partner that can help us achieve these ambitions while sharing our belief in the importance of specialism and service excellence.”