Miller, the independent specialist insurance and reinsurance broker, has launched its Korean marine unit with four senior hires to further build out its operations in the region, and has hired KyungSeop (KS) Shim to lead the team as Head of Specialty.
In the new role, Shim will initially focus on building out Miller’s marine offering in the Korean market.
Most recently, Shim served at rival broker Marsh Korea, where he held senior roles including Head of Specialty and Head of Marine. He brings vast industry experience, having run his own shipping business for five years.
Miller has also hired three other professionals from Marsh for its new team.
Justin Roh spent five years at Marsh Korea gaining broking experience; he also has over 15 years’ experience in P&I claims and legal affairs at Hyundai Merchant Marine (HMM). At Marsh, he specialised in property and marine insurance across P&I, hull and machinery, terminal, transport and logistics risks.
Hana Jung was Marsh Korea’s Vice President, managing a broad portfolio of direct P&I and FD&D business, alongside retail and reinsurance programmes for H&M, War Risks and K&R. Jung also has client-side experience from legal and insurance roles in shipping and logistics and has previously worked and trained in London.
Lastly, Jayce Park brings experience in retail broking and facultative reinsurance placements across P&I, hull and machinery and container risks. She previously handled retail insurance and reinsurance claims and collections across marine, aviation and liability lines.
Shim commented, “We’re proud to be launching a new Marine offering in Korea. We believe that bringing Miller’s reputation for outstanding client service to this market will create real opportunity, and we’re excited to be building a dedicated team with expertise across both broking and claims. This is a great opportunity to join an independent business with a well-established international presence, and we look forward to getting started.”
David Kim, Head of Korea at Miller, added, “We’re pleased to be strengthening our Korea team and marine capabilities through these senior appointments. Bringing KS and the team on board allows us to focus on growing our marine proposition in the region and further establish Korea as a meaningful location for Miller. Over time, we expect to expand into other lines as we capitalise on the potential for close collaboration with our strong foundations in the London marine market.”
Phil Wheeler, Head of Marine at Miller, said, “Marine has always been a cornerstone of Miller’s expertise, both in London and internationally and we’re pleased to build on that success in Korea. This expansion reflects our commitment to delivering specialist expertise and outstanding service to clients in the region.”
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