Miller launches new property smart follow facility

Miller has unveiled a new property smart follow facility as it looks to deliver faster quotes for clients.

Called MillerBoost, the proposition offers global coverage through the London market.

Miller said it allows risks to be triaged and quoted quickly, in turn enabling the broker “to significantly enhance its speed of placement and service for both retail and wholesale customers”.

Matt Keeping, head of property and casualty at Miller, said: “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.

”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.”

Technology use

The facility, which is powered by InsurX’s trading infrastructure, currently supports placements across Miller property portfolios, with capacity deployed under a rule-based algorithmic model.

Keeping said: ”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.”

Gilbert Harrap, chief executive at InsurX, added: “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.

”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”.