Thomas Miller Specialty concludes purchase of Lodestar Marine’s book of business

Commercial MGA Thomas Miller Specialty has concluded the purchase of Lodestar Marine’s book of business.

Vicky Clarke, underwriter at Lodestar Marine is joining the Thomas Miller Specialty team. She has over 13 years’ experience in the marine insurance market as an underwriter and will ensure continuity for renewing business.

Danielle Champion, chief executive officer, Thomas Miller Specialty, said: “The purchase of Lodestar’s book is a logical, strategic fit for us and creates further scale in an increasingly competitive market. It will further enhance our service offering to our fixed premium P&I customers.”

Hugo Wynn-Williams, chairman Thomas Miller Specialty, added: “We are committed to consolidating our fixed premium protection and indemnity offering and building up our MGA business.”