Thomas Miller Specialty (TMS Marine), a leading fixed premium P&I writer, has appointed Helge Volger, Managing Director and CEO of TMS GmbH, to the role of Chief Underwriting Officer.
According to the announcement, the move follows a thorough review of the business following the decision by TMS Marine to move its P&I capacity to the UK P&I Club.
The strategy to align the management of TMS Marine to the UK P&I Club reflects the similarity of the two businesses’ product offering and common distribution channels.
In his new role Volger will lead the TMS Marine underwriting teams in both London and Hamburg, which ultimately will bring increased alignment and strategic clarity to the business, with TMS Marine reporting directly into William Beveridge, CUO for the UK P&I Club.
Beveridge, commented: “This change in management reporting and structure will benefit both the UK P&I Club and TMS, providing improved communication between our underwriting and claims teams, and a more consistent offering to our brokers and key business partners. In addition, the new structure provides improved risk appetite alignment and a simplified overall structure facilitating closer collaboration between the UK P&I Club and TMS Marine.”
Volger joined TMS Marine in 2019, however prior to joining the firm, he spent over seven years Hanseatic Underwriters where he served as a Senior Underwriter for over four years, before going on to be promoted to Underwriting Director.
In 2021, TMS Marine launched its construction business, Thomas Miller Specialty Construction (TMSC).
