Miller has solid a partnership with Thailand-based firm Central Insurance coverage Providers (CIS) to bolster its proposition within the vitality sector and footprint in Asia.
As per the brand new long-term settlement, the events will give attention to delivering companies for vitality shoppers in Thailand.
The alliance will even provide regional servicing experience and in-depth data of the Thai market to their vitality shoppers.
Consulting companies on technical points, threat engineering, reinsurance placement and claims companies will likely be provided by the specialist (re)insurance coverage dealer.
The brand new settlement is a part of Miller’s technique to increase focus to the vitality line and progress prospects in Asia.
Miller Asia head Ron Whyte mentioned: “I’m excited to deepen our already robust relationship with Central and improve our vitality, energy and building providing in Thailand.
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“Thailand is a vital marketplace for vitality and one of many largest markets in South East Asia with over $11bn (Bt406.7bn) of non-life premiums positioned yearly.”
The most recent deal is predicated on an present partnership between the businesses within the property and casualty sector.
Central Insurance coverage Providers Insurance coverage head Narin Setabandhu mentioned: “CIS has been exploring alternatives in different area of interest strains of enterprise exterior of Central Group property with strategic companions.
“Energy and vitality was recognized as a distinct segment line of enterprise and with Miller’s experience on this area and our present valued partnership, I’m excited to convey collectively our two extremely complementary talent units.”
In August 2023, Miller appointed Oscar Holloway as its new head of European enterprise to steer the strategic progress plan of the corporate.
