Miller Launches Quote and Bind Platform for Yacht Insurance

Miller Insurance Services LLP has launched a quote and bind platform called “Atlantic,” which aims to provide “a more sophisticated approach to the submission, placement and management of yacht policies.”

Designed for intermediaries across the globe, Atlantic handles full binder, limited authority and facultative open market yacht business, said Miller. The platform streamlines the submission process and overcomes inherent delays from re-keying data through to operating across multiple time zones.

“We have been working with clients and underwriters for some time to address the cost and time inefficiencies of yacht business. With 24/7 access from anywhere in the world and an innovative, simple and quick declaration, quote and bind process, Atlantic provides a solution to these issues” said Aaron Jago, who leads Miller’s yacht practice.

“Developing bespoke solutions to address the needs of our clients is a key strategic initiative at Miller. Built and managed in-house, Atlantic is the latest addition to our award-winning online services offering,” commented Christian Kitchen, Miller’s head of Innovation and Technology.

Source: Miller