Miller appoints Satoshi Watanabe as business development manager in Japan

Miller appoints Satoshi Watanabe as business development manager in Japan | Insurance Business Asia

Reinsurance

Miller appoints Satoshi Watanabe as business development manager in Japan

He will focus on broadening the firm’s non-marine insurance offerings under its subsidiary

Reinsurance

By
Kenneth Araullo

Independent specialist in re/insurance broker Miller has appointed Satoshi Watanabe (pictured right) as a business development manager for its Japanese operation, Lead Insurance Services Limited.

Watanabe will focus on expanding the non-marine segment of the business, reporting to Tokinori Kono, head of non-marine broking at Lead.

Watanabe joins Miller from Marsh Soken, part of Marsh Japan, where he had worked since 2019, concentrating on business development in non-life insurance. His prior experience includes roles at NiKKO Cordial Securities and AIG General Insurance, where he also focused on business development.

The broking specialist highlighted that this move is part of its broader effort to diversify and strengthen its presence in the Japanese market. The company acquired Lead in 2022 after a 25-year business relationship. Lead, established in 1994, is a marine-focused broker specializing in hull, war risks, and protection & indemnity insurance.

Ron Whyte, head of Asia at Miller, said that Watanabe’s experience and market knowledge will enhance Miller’s efforts to expand beyond its established marine insurance offerings in Japan.

“Following closely in the wake of Kono-san’s arrival in the summer, key strategic hires such as these will ensure that Japan remains at the forefront of Miller’s ambitious international objectives in Asia and beyond,” Whyte said.

Earlier this month, Miller also appointed Tim Nagle to lead its European operations, expanding his role within the company.

Nagle, who currently serves as head of sports and entertainment, will now oversee Miller’s business across its five European locations as part of the firm’s strategic push in the region.

Since joining Miller in 2020, Nagle has been instrumental in building relationships with European partners, contributing to the company’s growth. His promotion comes after the departure of Oscar Holloway, who stepped down to explore other career opportunities.

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