The growth of nuclear power

The potential for growth in the nuclear power sector is significant. Investment in nuclear power is growing exponentially. Between 2020 and 2024, investment was set to reach $300 billion globally, with nearly every region registering gains of 50%. Currently, 65 reactors are under construction, with 6 ERP2 projects in France and 6 ERP2 and SMR projects in Africa and Singapore. Global nuclear demand and investment are increasing as the need for safe, reliable, and low-emission energy remains crucial.

European Business Nuclear Alliance

2025 has seen some exciting developments in the development of nuclear energy. On 12th February, the European Business Nuclear Alliance was created. The organisation comprises 14 European industrial federations, including the MEDEF (France) and CBI (UK). The goals of the alliance include:

• The provision of a clear and enabling institutional framework, removing barriers and fully applying technological neutrality.
• Secure access to both private and public funding.
• Accelerate the industrialisation of the sector and foster a robust nuclear ecosystem in Europe.
• Support the development and renewal of skills.

This development presents an exciting opportunity for Miller, as suppliers from the 14 countries in these federations will enter the nuclear sector and need bespoke insurance coverage adapted to its constraints and sensitivity.

Artificial Intelligence

As artificial intelligence grows, so do its energy requirements. Many digital giants plan to convert to nuclear power to meet these increased demands. Microsoft, Amazon, and Oracle have all expressed a desire to connect their data centres to reactors*.

As the demand for nuclear power increases, the demand for expertise in the fields of liability and property damage will rise with it. Miller has the knowledge and skills to become an essential partner to secure both manufacturers and advise insurers and reinsurers on these emerging risks.

Miller’s role

We offer a ‘Nuclear Supplier Liability’ solution, the main characteristics of which are:

• Based on a strong knowledge of the nuclear risk.
• Expertise focused on suppliers’ exposures (all branches of insurance).
• Referenced as a full member of the supply chain.
• Prepared to catch all opportunities to respond to an existing or emerging nuclear risk.

Our credentials

In 2025, we also have some significant and exciting milestones, such as the Miller Nuclear Team becoming a member of the World Nuclear Association and participating in the World Nuclear Exhibition in November. These are opportunities to engage with and contribute to the nuclear energy sector and its advancement. As the demand for nuclear power rises, we are positioning Miller as a trusted and expert partner for businesses and organisations across the Nuclear supply chain, to build resilience and confidence.

Get in touch

Alexandre Milochevitch
Jean-Gabriel Gautraud

*
SFEN (2023) Amazon, Google, Meta: Les géants industriels tripleront leur capacité nucléaire d'ici 2050. Available at: https://www.sfen.org/rgn/amazon-google-meta-geants-industriels-triplement-capacite-nucleaire-2050/ (Accessed: 28 April 2025).
World Nuclear News (2023) Amazon, Google, Meta, and Dow back tripling nuclear goal. Available at: https://www.world-nuclear-news.org/articles/amazon-google-meta-and-dow-back-tripling-nuclear-goal (Accessed: 28 April 2025).
NucNet, 2024. Oracle says it has building permits for three nuclear reactors. NucNet. [online] 9 April. Available at: https://www.nucnet.org/news/oracle-says-it-has-building-permits-for-three-nuclear-reactors-9-4-2024 [Accessed 28 April 2025].

Enhanced European Delegated Authorities team

Earlier this month, we announced the expansion of our Delegated Authorities offering, with the launch of a new team dedicated to the European market. Laurie Gaitskell, Head of European Delegated Authorities, introduces himself and how the team are here to help, below.

Please introduce yourself and your team?

I am Laurie Gaitskell, Head of European Delegated Authorities at Miller. I’ve been collaborating with the London and International insurance markets for over 30 years, placing insurance and reinsurance binding authorities, as well as open market business.

After spending time at several smaller brokers in my early career, I spent 18 years at Tysers, and eight years at Gallaghers. I have also been lucky enough to live in several European countries, and most of my career has been spent handling French, European and Canadian business. It has been helpful to be able to speak fluent French, a decent level of Spanish, and a basic understanding of some other European languages. Over time, I have handled many classes of business, specialising in both property and casualty. I’ve worked with some of the leading practicians in placing binding authorities and know that in joining Miller , we are going to be market leaders in the field.

I am also joined by Anne-Sophie Petit and Ilenia Pizzolitto. Both previously worked at Alesco DA (Gallagher), and before that, were at Tysers for many years, handling French and Swiss business. Anne-Sophie has lived in the UK and now works from Paris, whilst Ilenia lives in London but has lived in Ireland and is Italian. Both Ilenia and Ann-Sophie have worked with some of the best brokers in class regarding the European open market and binding authority business, and they bring a great amount of knowledge of the European markets they deal in.

What are the team’s main areas of expertise and who and what do you cover?

Binding Authorities.We assist coverholders in identifying opportunities, developing plans, managing data, and accessing the right markets. In today’s compliance-driven world, our experience helps clients navigate challenges. We prioritise trust and strong relationships, and we take pride in our industry connections.

Open Market business. Anne-Sophie specialises in French SME property insurance, while Ilenia adds expertise in French property, casualty, Fine Art, and binding authorities. Both bring decades of experience and are fluent in French, with Ilenia also speaking Italian, Spanish, and German. Our team, with over 30 years of experience, is well-regarded in French-speaking regions for placing challenging SME.

How can you add value to our European partners?

We offer partners the opportunity to grow European partners’ business with a motivated, expert team focused on Europe. While France has been a key growth area, we are expanding our reach. For potential coverholders, we provide a top-tier European offering with multilingual experts and decades of experience. We aim to collaborate with Managing General Agents, brokers, and entities seeking underwriting authority, offering support with business plans and data-driven tools. Our team works across various classes, leveraging Miller’s expertise where needed. For Open Market property and casualty business in France, Monaco, and Switzerland, we are committed to seamless transitions, expanding into new markets and business classes to meet clients' needs and foster growth. 

Interested in our services? Let’s connect.

Laurie Gaitskell

New dedicated Real Estate team

Landing at Miller at the end of last year, our new dedicated Real Estate team specialise in managing and arranging insurance programmes for clients with property investment assets across the UK, Europe, and globally.

The team work with a diverse client base, encompassing anyone who invests in Real Estate, no matter the size of their portfolio. From large multinational investors to individual buy-to-let landlords in the UK, they bring exceptional expertise to every partnership.

The team‘s core focus is serving UK and European funds and investors and are committed to addressing the full spectrum of insurance needs for property investors, offering comprehensive solutions tailored to their unique requirements.

Download our flyer for full details of the team’s offering.

Meet the team:

Stephen Andrews – Head of Real Estate

Steve has over 30 years of experience in insurance, primarily in the Real Estate sector. He has held key roles at Aon, Willis Towers Watson, and Marsh, and spent 13 successful years at Gallagher, where he led the Real Estate team. As Head of Real Estate, Steve played a key role in shaping strategy, driving growth, and delivering exceptional client outcomes.

Contact Stephen Andrews

Christopher Dines – Head of Client Service

Chris has over 30 years of insurance experience, including 13 years at Gallagher, where he made significant contributions to the Real Estate sector. He has also held roles at HSBC, Willis Towers Watson, Aon, and RSA. At Miller, Chris is leading the development of a global Real Estate service for wholesale and direct clients, collaborating with the Construction team to launch complementary business lines and create valuable solutions for clients worldwide.

Contact Christopher Dines

Jay Parker – Account Executive

Jay has 10 years of industry experience, starting at Allianz in underwriting roles before gaining further expertise at Marsh and Gallagher in Real Estate. He is responsible for servicing and placing Real Estate risks in the London market while driving new business opportunities.

Contact Jay Parker

George Wilson –  Account Executive

George has eight years of experience in the Real Estate insurance sector, beginning his career at Gallagher in 2017. He has serviced some of the largest Real Estate accounts in the market, building strong relationships with clients and insurers. George excels in client service, showcasing an ability to tailor insurance solutions that meet his clients’ needs.

Contact George Wilson