Mortgage & credit risk solutions

Our Mortgage and Credit Risk Solutions team provides tailored risk transfer solutions that safeguard lenders, investors, and financial institutions.

Our reinsurance solutions are designed to manage risk, enhance resilience, and support sustainable growth through new product development and customer acquisition.

By leveraging advanced analytics and innovative structures, we help manage credit risk, ensure portfolio resilience, release regulatory capital, and support sustainable growth in an evolving financial landscape. Whether it’s mortgage indemnity, credit default coverage, or structured reinsurance, our expertise drives confidence and stability in your operations.

Led by Steven Rance, this team specialises in Mortgage, Credit Risk, and Significant Risk Transfers (SRTs), helping clients manage credit risk efficiently and unlock capital.

From tailored program design to seamless market placement, we deliver solutions that balance risk and reward.

Over four decades of international experience our clients have included:

The UK and Scottish governments
Over 100 UK house builders
Almost all major UK banks, building societies, and specialised lenders
The world’s leading mortgage insurance specialists

Our key industry relationships extend across the finance spectrum and include:

Over 50 highly rated insurance and reinsurance markets
Regulatory bodies and specialist agencies
Captive managers across all major captive jurisdictions
Think tanks and policy influencing groups

Our expertise

The Miller team has over 40 years’ combined experience dealing with lenders, reinsurers, regulators, and governments around the globe.

Responsible for the development, implementation, and management of the UK’s first ever government-backed mortgage insurance programme.

One of only three broking teams internationally to work with US government-sponsored entities - Fannie Mae and Freddie Mac, in the generation of some USD12bn of mortgage origination protection.