A focus on Canada
Canada is an increasingly important territory for Miller and in a further show of commitment to serving our clients in this territory, we have formed a dedicated Canadian Delegated Authority team.
Steve Maslen, Matt Dear, Mike Biddle, Saif Sulaiman and Nick Wilson each join from Tysers and bring with them significant experience in the Canadian property & casualty market. Read more here.
This builds on our existing open market capabilities for retail brokers in Canada. From our independent platform, we work with like-minded intermediaries and Coverholder clients to build successful long-term relationships.
Capabilities for Canadian Coverholders
Our team have significant binder capabilities as well as access to numerous lineslips and open market – we particularly specialise in the hard to place business that our lineslips can consider.
Course of Construction (COC)
- We can place up to CAD 8m wood-frame in the open market
- We have access to an excess market - they can offer up to CAD 20m capacity in excess of 50% of the total project value. Up to CAD 100m non-combustible.
- CPE – can consider schedules with a bit of spread.
- We have line-slips that can consider the above classes across Canada
- Jewellers block with more than 4 years’ experience, personal jewellery, sports memorabilia etc, general specie, galleries & storage units are considered
General Liability (GL) lineslips
We have four main GL Lineslips, each with their own distinct offerings and capabilities:
- Maximum limit CAD 20m
- Minimum premium CAD 5,000 (Excess Only), CAD 10,000 for Primary Business
- Target business – wide range of industries considered for both Primary and Excess General Liability, including but not limited to, General Contractors, Light manufacturing, Product Manufacturers, Industrial, High Excess Transportation, Low hazard Liquor/Hospitality i.e. Restaurants, Hotels (Excluding Ontario).
- Key Exclusions to note would be - Water Damage related i.e., Plumbers, HVAC Contractors, Hot Work Roofing, Snow Removal (outside of Sidewalks and Small Residential Driveways).
- Max limit CAD 5m
- Minimum premium CAD 3,000
- Target business – Mid to Higher Hazard Classes including but not limited to, Hospitality/Host Liquor Liability (including Ontario), Excess Transportation, Utilities, Wrap-up Construction, Manufacturing, Distribution, Retail and Leisure.
- Max limit CAD 20m
- Minimum premium CAD 10,000
- Target business – mid to Higher Hazard Classes including but not limited to, Wrap-Up Liability, Plumber and Sprinkler Contractors (Primary and Excess), Tyre Wholesalers/Manufacturers, Host Liquor Liability (including Ontario), Excess Transportation, Transportation, Utilities, Construction, Manufacturing, Distribution, Retail, Leisure
- Max limit CAD 10m
- Minimum premium CAD 3,000
- Target business – wide range of industries considered for both Primary and Excess General Liability, including but not limited to, General Contractors, Light manufacturing, Product Manufacturers, Trucking CGL, Cold Work Roofers, Plumber and HVAC Contractors (Limited to a max 3 sotie clause) Utilities and Retail
- (Risk depending) PI Extensions are also available
Outside of our lineslip capabilities, we offer various solutions for some higher hazard classes in the Open Market, including, Plumbing/HVAC and Sprinkler Contractors, Snow Removal Contractors, Hot Work Roofers, High Hazard Liquor/Hospitality including Nightclubs and Bars.
- We have a sawmill facility that will consider protected and unprotected risks with a minimum premium of CAD 50,000
- Placements can be 100% or as a co-insurance
- Typically, we work to a PML of approximately CAD 8m for our participation but can be flexible depending on spread of risk and additional capacity can be sought on larger risks
Takeaways from CRIMS and other recent travel
- Service levels are more important than ever – feedback is that we are delivering on what we say we will do. We have large teams of international brokers that are instant reinforcements for your team.
- The perception in some cases is that turnaround time in London has increased and it has become harder to communicate – our successful approach involves our ability to place business through facilities – we have designed and built many of them, enabling fast turnaround.
- There was a sizeable local and London underwriter attendance at CRIMS – we have strong relationships with all of our markets, and this builds credibility for all involved.
- On open market Professional Lines business, the London and Canadian markets seem to be converging more than in recent years – leading to greater opportunity.