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Miller continues Asia expansion, enters Korean market

by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance | 0 comments

Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement further demonstrates Miller’s commitment to the Asian market, which remains a cornerstone of our ambitious international growth objectives

London: Miller, an independent specialist (re)insurance broker, announced its further expansion into Asia with the launch of Miller Korea, led by David Kim as Head of Korea.

Miller Korea will focus on delivering global specialty expertise in the Korean market via a dedicated team of specialist insurance and reinsurance brokers.

David brings both a wealth of industry experience and local-market knowledge of Korea.

Over the past twenty-five years, he has served in a range of leadership positions across the insurance sector, including as CEO of Marsh Korea, having also established Johnson and Higgins Korea which was subsequently acquired by Marsh.

Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement further demonstrates Miller’s commitment to the Asian market, which remains a cornerstone of our ambitious international growth objectives.

David will be joined by a number of hires, including key leaders Andrew Kim, Youngkum Yoon and Tae Hoon Kim.

The launch of Miller Korea marks another significant step in Miller’s expansion across Asia, including its acquisition of Japanese broker Lead Insurance Services in 2022, and the recent hire of Tokinori Kono and Satoshi Watanabe to build out an expanded set of product capabilities for Miller in Japan.

The launch also underscores Miller’s broader international growth ambitions, having announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon and Swiss reinsurance capital advisory firm 4809 Brokers in 2024.

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