Michael Miller, the longtime president and chief operating officer of Scottsdale Insurance Co., has stepped into a new executive role with corporate parent Nationwide where he’ll manage and spearhead strategic investments for the insurance giant.

Miller, now the new president of Nationwide Ventures, first joined Nationwide in 1985. He signed on with Scottsdale Insurance in 1995 as chief financial officer and became president and COO in 2004. Miller helped grow the excess and surplus lines insurer to a $3 billion company by 2014.