Director of Underwriting, Hiscox MGA

Paul Miller

Currently Director of Underwriting at Hiscox MGA Ltd one of the largest Yacht and Marine Leisure Underwriting Agencies in the London & European Markets.Hiscox MGA have Underwriting authority from both Lloyd’s and the Company market  and represent some of the largest and highest quality Insurers in the World. They insure a wide spectrum of yachts ranging from £1,000,000 to the £500,000,000 Mega yachts seen in Monaco.
We have established a specialist product “Racecover” for the high tech state of the art racing yachts and currently insure the Volvo 65 fleet, Extreme 40’s, among many others.I currently manage a team of 8 people underwriting a portfolio of Yacht & associated products,, Marinas, Builders Risks and Cargo Business with a GWP of just under £20,000,000I have worked in the Lloyd’s market since 1977 and have been a leading underwriter within the yacht market since 1985.
I have specialised in the Yacht and Marine Trade/Leisure Industry over the last 25 years and have been both Chairman and Deputy Chairman of the Yacht Advisory Committee and Vice Commodore of Lloyd’s Yacht Club.I previously sat on The Joint Hull Committee for 8 years and also Chaired the International Union of Marine Insurers Inland, Fishing vessel and Yachts (IFY) Committee of which I am still a member.
I have spoken at a number of International Conferences including IUMI, Project 2002, Seas 2004, the Global Superyacht Forum, The World Marina Conference and have Chaired the Future of Superyachts Conference for the a number of years.