Director of Underwriting at Millstream Underwriting Limited Ltd

Paul Miller

Currently Director of Underwriting at Millstream Underwriting Limited Ltd one of the largest Yacht and Marine Leisure Underwriting Agencies in the London & European Markets who market their products under the brand names of: Yachtsure24, Yachtsure, Marinasure & Racecover. 

Millstream 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 €5,000,000 to the €500,000,000 Mega yachts seen in Monaco.

We developed a specialist product “Racecover” for the high tech state of the art racing yachts and have insured the Volvo 65 fleet, Open 60’s, GC32’S and TP52’s among many  .

I currently manage a team of 6 people underwriting a portfolio of Yacht & associated products,, Marinas, Yacht yards and Builders Risks with a GWP of just under £20,000,000

I 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 35 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 London Joint Hull Committee for 8 years and also Chaired the International Union of Marine Insurers Inland, Fishing vessel and Yachts (IFY) Committee for a number of years.

I have spoken at many International Conferences including IUMI, Project 2002, Seas 2004, the Global Superyacht Forum, the Asia Pacific Superyacht Conference, The World Marina Conference and Chaired the Future of Superyachts Conference for over 5 years.