Joining Thomas Miller in 1997, Fenton, currently deputy chief executive of the TT Club, is a former chief operating officer of Thomas Miller P&I, which manages the UK P&I Club. He has led the recent restructuring of the TT management operation and will be responsible for implementing its future business strategy.
“The recent turmoil in financial markets has underlined the need for stability, continuity and quality of service which the Club has successfully achieved over the past 40 years,” commented Fenton.
Mr. Neagle has been involved with the TT Club’s management in various roles since joining Thomas Miller in 1981 and after 10 years as director of underwriting, was appointed the Club’s first chief executive in 1999. He has served on the Board of the Club’s UK subsidiary company since June 2004.
He takes on his new role at “an exciting time in the development of Thomas Miller Investment” following its recent acquisition of a significant portfolio of business from Singer & Friedlander in the Isle of Man. He explained that his first priority would be to ensure the 300 plus new clients are happy in their new environment, after which the company will actively seek further strategic growth opportunities.
Thomas Miller Investment was originally founded to manage the funds of Thomas Miller managed mutual insurance clubs. Today, more than half its funds totalling US$3.7 billion, are managed for clients unconnected with the clubs.