Thomas Miller Specialty concludes purchase of Lodestar Marine's book of business

Thomas Miller Specialty announced today it has concluded the purchase of Lodestar Marine's book of business.

Vicky Clarke, underwriter at Lodestar Marine is joining the Thomas Miller Specialty team. Vicky has over 13 years' experience in the marine insurance market as an underwriter and she will bring not only sector expertise, but will ensure continuity for renewing business.

Danielle Champion, Chief Executive Officer, Thomas Miller Specialty, says: "The purchase of Lodestar's book is a logical, strategic fit for us and creates further scale in an increasingly competitive market. It will further enhance our service offering to our fixed premium P&I customers."

Hugo Wynn-Williams, Chairman Thomas Miller Specialty, says: "We are committed to consolidating our fixed premium protection and indemnity offering and building up our MGA business."

Staff Author

Thomas Miller Group

Date12/12/2019

Tags

You may also be interested in:

Thomas Miller, the international provider of market leading insurance services, intends to appoint Hugh Titcomb as its new Chief Executive, subject to shareholder approval, replacing Bruce Kesterton.

Thomas Miller Specialty has announced a new partnership with Send Technology Solutions Ltd to automate and streamline its operating model

The UK P&I Club, one of the leading providers of P&I insurance and other services to the international shipping community, has appointed William Beveridge as its new Chief Underwriting Officer. He joins the UK Club on completion of his current employment obligations.

Thomas Miller has been appointed as the Manager of three established discretionary mutuals, Fire & Rescue Indemnity Company (FRIC), Livery Companies’ Mutual (LCM) and Activities Industry Mutual (AIM).