Reinsurance News

Thomas Miller to acquire Zeller Associates insurance operations

17th September 2018 - Author: Matt Sheehan -

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Thomas Miller, an international insurance services provider, has announced that it has agreed to purchase the Managing General Agency and Insurance Services operations of specialist insurance services group Zeller Associates.

mergers and acquisitionsZeller Associates mainly provides risk related and insurance services for shipping, trade and transport, but also focuses on other specialist areas such as the cruise and tourism industry.

The group is headquartered in Hamburg and consists of six distinct operational business, covering insurance underwriting and insurance management, as well as claims handling, loss adjusting and expert investigations.

Hugo Wynn Williams, Chairman of Thomas Miller, commented on the deal: “The acquisition of these businesses’ specialist expertise across a broad range of marine transport related insurance services is an excellent and complementary addition to the Thomas Miller Group.”

Harald Zeller, Managing Partner at Zeller Associates, also stated: “We are delighted to be joining Thomas Miller at this exciting time in its development. We have common values and vision for the future with our businesses playing an important role in Thomas Millers future growth strategy.