Jamieson is pleased to announce that it has advised Miller, the leading specialist insurance and (re)insurance broker on the sale of the business to Cinven, the international private equity firm, and GIC, Singapore’s sovereign wealth fund, from Willis Towers Watson.
“The Jamieson team were highly professional and responded quickly throughout the process. Their expertise and guidance around key decision making was integral to moving this transaction through to a successful conclusion.”
Greg Collins, CEO
Founded in 1902, Miller is a leading specialist insurance and (re)insurance broker operating in the UK, Lloyd’s and internationally. It employs more than 640 people through its offices in London, Ipswich, Brussels, Paris, Singapore and Geneva, covering the world’s major insurance hubs. Miller operates across a number of specialist areas, including marine, energy, credit and political risks, delegated authorities, professional risks, property, casualty, sports and entertainment and (re)insurance. Headquartered in London, it places c. £2 billion worth of premiums annually.
The Miller transaction represents the first investment from Cinven’s new financial services sector-focused strategy, which will be looking at similar long-term opportunities across Europe.