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Marine property
Miller’s exclusive property and business interruption facility for commercial marine assets and operations with wet or coastal property.
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Mobile Plant & Equipment
Miller’s mobile plant and equipment facility provides A+ Lloyd’s security-rated capacity for physical loss or damage to owned or leased mobile equipment.
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Contingency
Miller’s exclusive in-house facility for small to medium sized contingency business grants us delegated underwriting authority.
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Social Engineering
Miller’s exclusive social engineering policy addresses the gap in heavily sub-limited cyber policies on an excess or ground-up basis.
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Marine property
Miller’s exclusive property and business interruption facility for commercial marine assets and operations with wet or coastal property.
Read more
Mobile Plant & Equipment
Miller’s mobile plant and equipment facility provides A+ Lloyd’s security-rated capacity for physical loss or damage to owned or leased mobile equipment.
Read more
Contingency
Miller’s exclusive in-house facility for small to medium sized contingency business grants us delegated underwriting authority.
Read more
Social Engineering
Miller’s exclusive social engineering policy addresses the gap in heavily sub-limited cyber policies on an excess or ground-up basis.
Read moreMarine property
Miller’s exclusive property and business interruption facility for commercial marine assets and operations with wet or coastal property.
Targeting: port authorities, terminal operators, and other commercial marine operations, but with appetite to also cover marine carve-outs of non-marine commercial and residential programmes.
Facility highlights:
- USD25m limit
- A-rated security (Lloyd’s and London insurance market)
- Single insurer lead, defining terms and conditions on behalf of security panel
- Committed CAT aggregate on a per state basis
- USD10m liability limit for associated liabilities
- Minimum premium USD50,000
- High levels of commission
- Appetite for primary and excess
- Cover available on multiple forms
- Higher limits available through Miller outside of facility
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We’ve seen great success in year one of this facility, with competitive quotes and fast turnaround times being key benefits.
Get in touch via [email protected]. |
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Mobile Plant & Equipment
Miller’s mobile plant and equipment facility provides A+ Lloyd’s security-rated capacity for physical loss or damage to owned or leased mobile equipment.
This cross-industry facility offers broad policy wording, flexibility around types of asset covered and quick turnaround on quotes.
Miller's facility goes from strength to strength generating USD millions of premium while solving problems for clients and an entry point on new accounts.
Coverage includes:
- All risks of physical loss or damage to equipment, including CAT perils
- Including mechanical & machinery breakdown
- Including whilst in use, storage and/or on road
- Loss of hire and/or earnings coverage available on a case-by-case basis
- Including real and personal property schedules if incidental
Facility highlights:
- Loss limit of up to USD50m
- Blanket limit basis available depending on values at risk
- Minimum deductible - 10% of loss, minimum USD10,000
- Minimum premium USD65,000
- Valuation: replacement cost, or ACV if required
- Automatic reinstatement of limit
- 8% no claims bonus included for each policy subject to renewal
- Policy can act as reinsurance where required, with claims control and cut through clause pre-agreed
- Pre-agreed panel of loss adjusters
- Policy period can be up to three years with a Long Term Agreement Clause
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Contingency
Miller’s exclusive in-house facility for small to medium sized contingency business grants us delegated underwriting authority.
This allows us to cover financial loss should an event be cancelled, abandoned or otherwise affected by unforeseen events.
We are a market of choice for you that none of our competitors can access.
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Facility highlights:
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Get in touch with our specialists
Social Engineering
Miller’s exclusive social engineering policy addresses the gap in heavily sub-limited cyber policies on an excess or ground-up basis.
Many cyber policies typically have a sub-limit up to a maximum of USD250k; for many policyholders this is inadequate.
Through Miller’s social engineering facility, the insured can buy-back the benefit of cybercrime cover for loss of money, securities or property caused by a bad actor (a person or organisation responsible for actions that are harmful, illegal, or morally wrong) who has done the following:
- Fraudulent instruction
- Computer fraud
- Funds transfer fraud
- Telephone fraud
- Invoice manipulation
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Facility highlights:
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Get in touch with our specialists
