Miller, the London-based specialist re/insurance broker, has unveiled MillerBoost, a new property smart-follow facility designed to help brokers and their clients move faster and with more conviction in a rapidly evolving market.
Powered by InsurX’s frictionless trading infrastructure and offering global coverage through the London market, MillerBoost combines both tracking and algorithmic capacity to deliver speed, precision, and access to exclusive A+ rated Lloyd’s capacity for Miller’s clients.
Bringing together a bespoke panel of capacity drawn from Miller’s strategic carrier relationships, the facility currently supports placements across Miller property portfolios with capacity deployed under a sophisticated rule-based algorithmic model.
MillerBoost allows risks to be triaged and quoted rapidly, in turn enabling Miller to significantly enhance its speed of placement and service for both retail and wholesale customers.
The data-led facility has been specifically engineered to equip clients with supplementary capacity for their open-market shared and layered placements, giving carriers the confidence to write more of the risks they want, while leveraging data to secure the best outcomes for Miller’s clients.
“In a rapidly evolving risk environment where speed and precision are essential enablers, MillerBoost will allow us to deliver faster quotes, smarter placements, and exclusive capacity for our customers around the world,” commented Matt Keeping, head of Property & Casualty at Miller.
“As we continue to grow our specialist capabilities across a diverse property portfolio, we chose to power the facility with InsurX’s market leading smart follow technology to equip our brokers with a data-led competitive edge, which has already proven invaluable,” Keeping added. “MillerBoost reflects the strength of our relationships with our strategic insurer partners, while affirming our commitment to delivering world-class products and services for our customers.”
“We’re delighted that Miller chose InsurX’s technology to power MillerBoost. MillerBoost is a perfect example of how leading brokers are using our smart follow technology to grow their business,” said Gilbert Harrap, CEO of InsurX. “Miller brokers can now get quotes from their strategic partners in minutes with a single email, allowing them to focus on winning new business and serving their clients.”
Source: Miller
Topics New Markets Property
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