Independent specialist re/insurance brokerage Miller has announced a new addition for its energy proposition, welcoming Nick Rnjak as the new client advocate for its energy teams.
Stationed in London, Rnjak will operate under the guidance of Martin Henderson, head of energy & construction at Miller.
With an expansive career that spans over four decades in the insurance and reinsurance sector, Rnjak has in-depth expertise in power generation and renewable energy, covering both the construction and operational phases.
Rnjak’s global experience spans many firms, having insured generating and distribution assets across all continents, in both regulated and deregulated markets.
His career includes significant roles such as chief executive officer at ADNIC International Ltd., where he served from January 2022 to October 2023, and prior positions at Travelers Syndicate 5000 as an active underwriter and chief underwriting officer, where his tenure lasted from December 2017 to April 2021 and September 2010 to April 2021, respectively.
Before joining Miller, Rnjak also held the position of business unit head at Travelers Syndicate 5000 from July 2007 to August 2010.
Rnjak’s appointment is aimed at bolstering the brokerage’s global power specialty, leveraging his experience and leadership in underwriting power generation property programs.
The firm explained that he is also expected to enhance the design and implementation of policies for its clients, further solidifying the firm’s position in the energy insurance market.
Rnjak’s addition is just the latest in a string of recent developments for the re/insurance broker. On the first of April, Miller announced that GIC had completed its acquisition of shares from Cinven in the firm, with the former now the majority shareholder.
In March, Miller also announced that it broke revenue records in its financial results for 2023, reporting a revenue of £240 million which was a 26% increase from the previous year.
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