Leading insurer announces positive annual results

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Thomas Miller, the international provider of market leading insurance and professional services, announced good results and continued robust financial position at its Annual General Meeting (AGM) at the end of June.

Attended by over 100 current and past employees, the AGM was Hugo Wynn-Williams’ last as Chairman as he handed over the baton to Charles Fenton (pictured). Charles will continue as CEO of the Thomas Miller-managed TT club, the world’s largest intermodal liability insurer.

Hugo will retain a consultancy role as President of Thomas Miller, supporting a number of the shipping mutuals and the Specialty and Professional services divisions. He also continues as CEO of the UK Club’s Netherlands subsidiary which provides Brexit solutions for the Club and a number of other Thomas Miller-managed businesses.

Thomas Miller manages over $1.3 billion of gross written premium for the Transport, Specialty and Professional Services industries in the mutual, MGA and captive markets. The Group reported a strong year with good results despite the continued restrictions due to the pandemic and retains a strong overall balance sheet with enviable financial flexibility.

Bruce Kesterton, Thomas Miller’s CEO said: “Thomas Miller has achieved another encouraging year of results, which have put us in an enviable position of financial strength. We remain soundly financed and have maintained our ethos and culture, even with the constraints of remote working.”