Thomas Miller Specialty has now combined its three fixed premium P&I businesses to create one integrated team across two strong hubs, Hamburg and London.
In 2018, TMS expanded its fixed premium P&I business through the acquisition of Hanseatic Underwriters. The deal built on the previous acquisitions of Navigator’s P&I business and the Osprey Underwriting Agency. Hanseatic’s expertise and service led culture represents a strong addition to TMS’s P&I offering.
The acquisition furthers TMS’s ambition to become the premier global provider of fixed premium P&I. The timing of the investment sits well within the changing environment of the international marine insurance world and positions TMS for significant growth in the future.
The businesses are being integrated and will operate under the name of Thomas Miller Speciality P&I (TMS P&I). Service is at the heart of all of Thomas Miller’s businesses and the integration of these teams enables us to offer a seamless service for both underwriting and claims across all of TMS’s offices.
Please see key contacts fact sheet attached.
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