Thomas Miller Specialty has today announced that it’s completed the takeover of Navigators’ London domiciled, fixed-premium protection and indemnity operation.
In mid-January 2018 it was announced that Thomas Miller Specialty, a commercial Managing General Agency (MGA), entered into exclusive discussions over the acquisition of Navigators’ fixed-premium protection and indemnity business.
At the time, it was expected that the deal would be completed prior to the 20th of February, 2018, and Thomas Miller Specialty has revealed that the deal has now been finalised.
Thomas Miller Specialty’s Chief Executive Officer (CEO), Guy Pierpoint, commented; “We have successfully completed this transaction creating an enlarged business which will continue to deliver a market leading proposition for clients.
“The majority of the Navigators’ P&I team will continue their employment with Thomas Miller, thereby ensuring continuity of service and relationships.”
