Miller, the London-based unbiased specialist re/insurance coverage dealer, introduced the acquisition of Henner Sports activities from the Henner Group. Miller expects the acquisition to be extremely complementary to its present market management in sports activities insurance coverage.
Monetary particulars of the deal weren’t disclosed.
Based in 2000, Henner Sports activities is a number one French re/insurance coverage dealer specializing within the sports activities sector. As we speak, it has a multilingual crew of 14 staff based mostly in Paris. Henner Sports activities’ shopper base is concentrated on high-profile skilled athletes and sports activities organizations, with shoppers together with the French nationwide basketball crew and nearly all of the French worldwide soccer gamers. Along with its extremely regarded soccer providing, Henner Sports activities acts for shoppers throughout a spread of different sports activities reminiscent of biking and rugby. Merchandise embody insurance coverage for people, golf equipment, and federations.
Alongside providing insurance coverage and reinsurance broking providers, Henner Sports activities additionally operates as a delegated underwriting agent for quite a few its accomplice carriers.
“Now we have clear aspirations to broaden Miller’s footprint in Europe by means of focused enlargement and are happy to announce the acquisition of Henner Sports activities as a part of this technique,” commented Greg Collins, CEO, Miller. “In Henner Sports activities we recognised a robust match for Miller’s strategy and tradition, with its fast progress underpinned by distinctive service from a practitioner-led crew, quite a few whom are former skilled footballers. We sit up for welcoming the Henner Sports activities crew to Miller and supporting their progress ambitions.”
“Miller is already a market chief in sports activities insurance coverage, and Henner Sports activities is a pure match to additional strengthen this providing. They’ve established an impressive shopper base and status in France, specifically inside soccer, and have developed a proprietary on-line underwriting instrument that signficiantly enhances distribution,” mentioned James Fingers, joint head of Particular Dangers at Miller.
“We’re delighted to affix Miller, their dedication to a client-led strategy and the energy of their current Sports activities crew makes them a pure match for us. Now we have important ambitions for our subsequent section of progress, together with establishing a higher worldwide presence and a broader product providing. In Miller, we’re happy to have discovered a accomplice that may assist us obtain these ambitions whereas sharing our perception within the significance of specialism and repair excellence,” mentioned Didier Loiseau, directeur Général, Henner Sport.
Supply: Miller
Subjects
Mergers
Excited about Mergers?
Get computerized alerts for this subject.
