Broker Miller Insurance Services Limited (Miller) has launched a facultative reinsurance operation in Singapore as it announced the recruitment of four senior members to add to their existing reinsurance practices in Asia and London all recruited from rival Benfield.

Nigel Cross and Adam Fuller have been recruited by the broker to head up the fac offering in Asia and Mr Cross will become the firm’s Head of Asia Facultative Reinsurance. He started his career in 1991 and has been permanently based in Asia since 1996. Mr Cross led the Benfield facultative operations in the Asia Pacific region prior to joining Miler specialising in non marine classes focusing on property, energy and construction.

He brings with him from Benfield Mr Fuller who has been based in Singapore for the past 12 years.

The firm said both will be predominantly based in Singapore and are the latest additions to the Facultative Reinsurance business unit at Miller - launched in June this year.

Mike Papworth, Head of Facultative Reinsurance commented “The high level of knowledge and expertise that Nigel and Adam possess will enable us to offer a high standard of service to our current and prospective clients in Asia.”

Miller has also announced that it has boosted its London based facultative team with two further recruits form Benfield, in the shape of Nick Early and Tony Dryden. 

Mr Early has over 30 years experience in the reinsurance market. He specialises in the production and placement of facultative reinsurance on behalf of UK domiciled cedants for both large UK and global risks. Mr Dryden has spent the last 15 years focusing on facultative reinsurance and wholesale Asian business, primarily hi-tec from Taiwan and heavy industrial sectors. He has also previously been seconded to Singapore.

Miller said the quartet “will contribute toward an expanding book of business”. 

Mr Papworth added: “Tony and Nick bring with them a vast amount of skills and experience that will enable Miller to provide a high standard of service to our prospective clients in their respective classes of business.”