Bruzon was established in 1990 and is one of Spain’s leading insurance and reinsurance brokers, specialising in the structuring and placement of direct and reinsurance risks. Bruzon’s clients include large banks, insurers, and members of the IBEX 35. The company offers a broad range of solutions. Bruzon Services, an arm of the company, specialising in financial advisory and structuring.
Bruzon’s existing 32 staff will continue to be led by existing founder and CEO John Bruzon and will collaborate with Miller’s global roster. The company will trade under “Bruzon Miller”; Miller was already an existing minority shareholder.
James Hands, CEO at MILLER, commented: “This is an exciting time for Miller as we continue to expand our presence across the UK, Europe and Asia. Bruzon has an outstanding reputation in Spain and shares our vision to create the broker of choice for clients with complex risk-transfer needs and for talented brokers to pursue their passion. Together we can broaden the spectrum of solutions and services available to our global clients.”
John Bruzon, CEO of Bruzon also added: “We are delighted to join Miller as the next step of Bruzon’s journey. This transaction will advance our own presence in the Spanish market, continuing to provide our clients excellent advice, solutions and service. With Miller’s ownership and increased resources, we preserve the legacy and strengthen the special character of our company.”
