Insurance services provider, Thomas Miller is to purchase the managing general agency and insurance services operations of specialist insurance group, Zeller Associates.
Zeller Associates is a provider of risk related and insurance services mainly for shipping, trade and transport, but also in other specialist areas, such as the cruise and tourism industry.
It is made up of six separate operational businesses covering a range of services from insurance underwriting and insurance management to claims handling, loss adjusting and expert investigations. Headquartered in Hamburg, the operations employ 37 people.
Hugo Wynn Williams (pictured), Chairman, Thomas Miller, said: “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.”
Dr Harald Zeller, Zeller Associates, added: “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.”