Britannia and UKP&I Clubs in merger discussions
The boards of the Britannia Club and the UKP&I Club, two of the oldest P&I clubs in the world, respective leaders in their field and strong supporters of mutuality, announce they are in merger discussions. The boards of the Clubs will now begin a process to determine whether the merger is possible and delivers appropriate benefit to their respective Memberships. Ultimately, the decision on whether to proceed with a merger will be decided by the Members at Special General Meetings to be convened later in the year.
The talks are concurrent with discussions between their managers, Thomas Miller and Tindall Riley, both leading international providers of insurance and professional services, which would also lead to a merger of the respective businesses should the Clubs decide to merge.
- End -
For further information, please contact:
Roland Cross / Gareth David – Four Broadgate
+44 (0) 20 3697 4200
- Press Release: UK P&I Club announces winners of ‘Investing in a Safer Tomorrow’ competition at 150th anniversary Ga… https://t.co/xciGJPA7Lo
- "Just-In-Time" (JIT) operations have the potential to cut the time ships spend idling outside ports and help reduce… https://t.co/2jlvHl5Wi2
- We're pleased to announce the regional winners of the Young International Freight Forwarder of the Year Award 2019.… https://t.co/emnUqFOSJF
- Freight Crime - An Investigative Experience Focused on the United Kingdom. Read this case study from Signum Service… https://t.co/FhbGOHCodt