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9 June 2009

Wynn-Williams to chair Thomas Miller

Thomas Miller, managers of the UK P&I Club and the TT Club, elected Hugo Wynn-Williams Chairman of Thomas Miller Holdings Ltd at its Annual General Meeting on 4th June.

Previously Deputy Chairman of Thomas Miller, Mr. Wynn-Williams succeeds Peter Donnellan who had been Chairman since 2006. Mr Donnellan remains on the board continuing as the leader of Thomas Miller's risk management and captive business based in Bermuda.

Mr Wynn-Williams has worked in the management of the UK P&I Club throughout his career at Thomas Miller, becoming CEO of Thomas Miller P&I in 2004. He will continue in this position for the UK Club. He was elected to the former partnership of Thomas Miller in 1989 and has been on the holdings board of Thomas Miller since incorporation in 1999. He has been its Deputy Chairman since 2006. He is the current chairman of the Reinsurance Sub-Committee of the International Group of P&I Clubs.

Mr Wynn-Williams is looking forward to the challenge of supporting the teams running Thomas Miller's world class businesses. "Our role is to provide a professional first class service in as cost effective a way as possible.

"Last year our transport clubs had a premium income of US$730 million and provided insurance to almost every type of business in the international transport chain. We also have an outstanding group of professional indemnity firms."

He explained that the past year had been very difficult for clients and the members of the Thomas Miller managed mutuals. However, during last year's turmoil, Thomas Miller's investment management services successfully managed the US$1.8 billion funds of its mutuals so that major investment losses were avoided.

At the same time, it substantially increased the total funds under management to US$4 billion, mainly through acquiring a portfolio of business from Singer & Friedlander Investment Management (Isle of Man). This has widened its range of clients to private individuals, trusts and other institutions.

THOMAS MILLER HOLDINGS LTD

Thomas Miller Holdings Ltd is based in Bermuda. The appointment of a Chairman is, under the bye-laws of the company, made by shareholders at the AGM. It is predominantly an employee-owned company.

Thomas Miller's transport clubs are UK P&I, UK Defence, TT, Hellenic War Risks, UK War Risks and ITIC. Its professional indemnity division includes Bar Mutual (all of England & Wales' barristers), HAMIA (housing associations), OPDU (occupational pensions), PAMIA (98% of the UK's patent agents) and SIMIA (many of the England's leading solicitors). Specialist services include BLP (Property), CODAL (Charities), Thomas Miller Advisory Services (Risk management and Captives), Thomas Miller Claims Management and Thomas Miller Investment. More details at http://www.thomasmiller.com

THOMAS MILLER INVESTMENT LTD

With the portfolio acquisition from Singer & Friedlander Investment Management (Isle of Man), Thomas Miller Investment now has over US$3.5 billion client funds under management and employs more than 50 staff. It is the largest fund management office in the Isle of Man, and has offices in London and Edinburgh, opening the latter last week.

A photograph to accompany this release is available to download from the Dunelm Public Relations website at http://www.dunelmpr.co.uk/ThomasMiller-Photogallery-NEW.htm

The caption reads: "Hugo Wynn-Williams, Chairman, Thomas Miller Holdings Ltd".

-ends-

For further information:
Mark Holford or Nick Whitear
Thomas Miller P&I Ltd
Tel: +44 (0) 20 7283 4646
Email: mark.holford@thomasmiller.com
nick.whitear@thomasmiller.com

Issued by:
Martin Rowland
Dunelm Public Relations
Tel: + 44 (0) 20 7345 5232
Fax: + 44 (0) 20 7345 5234
Email: info@dunelmpr.co.uk

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