Miller has appointed Kim Plant as head of North American property, as the specialty broker expands its presence in that market. Plant joins from Amwins, a wholesale insurance distributor, where he was a director in the North American property division from 2020.
Plant began his insurance career on the property team at Lockton in 2015, after 13 years of military service in the British Army's Grenadier Guards. He has built relationships across the North American property market in both the US and Canada.
At Miller, Plant will lead the firm's North American property business from London and Bermuda. He will work with Matthew Keeping, Miller's managing director and head of property and casualty, on client relationships across the US and Canada.
Miller's most recent financial results give some indication of the growth behind this expansion. The company said revenue for 2025 rose 15% from 2024. Gross written premium placed reached about £3.7 billion, its fifth consecutive year of profitable growth.
Paul Jenkins joined Miller's North American property business as a senior director in January 2026, part of the same buildout.
The expansion comes as capital in the US property market has reached record levels. US property and casualty policyholders' surplus rose to US$1.2 trillion in 2025, up from US$1.1 trillion the year before. That gives carriers and wholesale brokers more capacity to deploy.
That capital has begun to show up in pricing. E&S commercial property premiums declined 2.8% in 2025, the first annual drop in the segment since 2017. Reinsurance capital reached a record US$785 billion at the end of the year.
Keeping said Plant's market experience and relationships positioned him to lead the property business in the region. He said Miller sees opportunities to gain further market share in North American property.
Plant said current market conditions include downward pressure on rates and increased retail competition for domestic players. That assessment lines up with broker data showing catastrophe-exposed property rates fell 15% to 20% in 2025. Further, if slower, declines are expected in 2026.
He said he plans to work with Keeping's team to continue building the firm's property pipeline in the region.
