“Aligned in numerous ways” was how Miller described itself and the imminent addition to the firm, which is set to strengthen the London wholesale and specialist broking platform’s position.
Miller said it has entered into a definitive agreement to snap up Alston Gayler and Co (AG) for an undisclosed amount. The independent London market (re)insurance broker, which is majority owned by Nelson Holdings Limited, specialises in multiple lines of business and will boost its new owner’s offering.
“We have been looking for a partner that shares the same culture and the right platform from which we could continue to offer a high-quality service to our clients,” commented AG managing director Robert Alexander. “We were thrilled to find such an opportunity with Miller and look forward to joining Miller’s highly talented team and continuing to grow together.”
Miller, for its part, called the acquisition a demonstration of its ongoing commitment to providing the highest level of client service and broadening its skillset.
“AG and Miller are aligned in numerous ways, including our client-focussed approach, values, high level of expertise, and strategic vision,” noted Miller chief executive Greg Collins. “We are extremely excited to announce this development and look forward to delivering increased value to our clients through the alliance of our experienced teams.”
Founded in 1902, London-headquartered Miller operates internationally and at Lloyd’s with a network of more than 600 colleagues.
