Thomas Miller announces the launch of Navata
LONDON, UK – Thomas Miller has announced the launch of its standalone MGA business, Navata.
Originating from Thomas Miller Specialty Offshore, a business established by Thomas Miller in 2016, Navata underwrites a wide range of Renewable Energy, Power, Upstream Oil & Gas and Offshore Marine risks. All of our insurance products are backed by S&P A+ and AA- rated capacity.
Navata has 31 employees, including 13 highly experienced underwriters and is led by CEO Bernt Hellman, who was instrumental in establishing the TMS Offshore business. It is majority owned by the Thomas Miller Group and will operate on a standalone basis alongside the Group’s other activities.
Hugh Titcomb, Thomas Miller Group CEO, commented:
“We’re delighted to announce the launch of Navata and anticipate its structure, experienced team and existing business relationships will enable it to develop and grow significantly in a dynamic marketplace.”
Bernt Hellman, CEO of Navata, commented:
“This is a really exciting opportunity to develop our business for the future. The once in a generation Energy Transition has brought about significant changes to both the Energy and Insurance markets; we have to evolve with our clients and brokers in order to respond to their needs. Our new identity will support us in this mission.”
“At the same time this gives us the opportunity to develop a state-of-the-art MGA, embracing new technology and AI in order to provide the best possible service to our underwriting partners.”
The new Navata brand and website (www.navata-global.com) was launched today.
The renaming to Navata is subject to regulatory approval in Germany, Canada and Singapore.
For more information, contact:
Jordan Maddern-Bell
Full Circle Communications
jmaddern-bell@fullcirclecomms.co.uk
+44 7771208986
Notes to editors:
The launch of the Navata brand is set for September 2024, accompanied by the unveiling of a new website, www.navata-global.com.
About Thomas Miller
Thomas Miller is an international provider of market leading insurance services.
Founded in 1885, Thomas Miller’s origins are in the provision of management services to mutual organisations, particularly in the international transport and professional indemnity sectors; where today they manage a large percentage of the foremost insurance mutuals. Increasingly Thomas Miller applies its knowledge and expertise to the development of specialist businesses.
Principal activities include:
- Management services for transport and professional indemnity insurance mutuals
- Managing general agency
- Professional services including legal services, claims and captive management
- Investment Management services for institutional clients