20. The Miller Insurance Group

Fee and commission income (2000): £41.1m
Pre-tax profit (2000): £2.3m

Address:
Dawson House
5 Jewry Street
London
EC3N 2PJ
Tel: 020 7488 2345
Fax: 020 7265 1423
Email: info@millerins.co.uk
Website: www.millerinsurance.co.uk

History: The company was established in 1902 as a marine insurance broker, by Thomas Miller, as part of an existing partnership of P&I managers.

In 1945, the company legally separated from its parent company and, in 1974, started to diversify into new areas of non-marine business through separate specialist trading companies. In 1991, the company changed its name from Thos. R Miller (Insurance) to The Miller Insurance Group.

During the 1990s, the group continued to expand its business through worldwide trading partnerships and ventures and, in 1999, it restructured in to one unified trading entity.

In 2001, the group continues to thrive as a leading privately owned specialist broker, operating both in London and internationally. Today, it offers a wide range of specialised insurance and reinsurance services to its client base around the globe.

Chief officer: Graham Clarke
Biography: Graham Clarke, 45, joined The Miller Insurance Group in 1982 and became managing director of its energy division in 1990. In May 2000, he assumed the role of chief executive.
His insurance broker career started in 1974, specialising in all forms of professional insurance and reinsurance services for the global energy industry.

Major shareholders: An employee trust has an interest in the shares of the group.
Main lines of business: Provider of specialist insurance and reinsurance solutions and services for the following sectors: accident and health, alternative risk transfer, on- and off-shore energy, financial and pensions, marine, north American binding authorities, professional risks, property and liability, political and credit risks, science and technology, special risks, specie and UK retail.

Number of UK branches: 3
Number of employees (average for 2000): 463

Greatest technological advance: The creation of a number of bespoke client services delivered via browser-based technology.