Thomas Miller Specialty is an underwriting agency that provides marine covers including P&I, Hull & Machinery and Kidnap & Ransom from its London headquarters.

Thomas Miller Group, managers of the UK P&I Club, established Thomas Miller Specialty in 2015 following the acquisition of ‘Osprey’. In 2018, Thomas Miller Speciality announced the additional acquisition of Navigators P&I and Zeller Associates, the latter of which manage Hanseatic P&I, with estimated portfolios of USD 21 million respectively (please see previous section regarding Hanseatic). In doing so it also added selected members of Navigators P&I to its team.

It offers P&I cover for dry cargo vessels of up to 25,000 gross tons and all other vessel types to a maximum of 10,000 gross tons with limits of up to USD 500 million (sub-limited to USD 1 million for US domiciled insureds).

Premium income increased from USD 20 million in 2017 to USD 32 million 2018 following the acquisition of Navigators P&I and forecast to total USD 53 million upon the closing of the Zeller Associates acquisition.

Of the tonnage insured by Thomas Miller Specialty, 61% is made up by Tugs & Barges and Fishing vessels tonnage.