Insurance services provider Thomas Miller has launched a managing general agent called Navata. It has been formed out of Thomas Miller Specialty Offshore and will provide cover for renewable energy, power, onshore and offshore oil and gas risks, as well as providing marine insurance products. It is backed by S&P A+ and AA- rated capacity.

Bernt Hellman, CEO of Navata, said: “This is a really exciting opportunity to develop our business for the future. The once in a generation energy transition has brought about significant changes to both the energy and insurance markets; we have to evolve with our clients and brokers in order to respond to their needs. Our new identity will support us in this mission.”

“At the same time this gives us the opportunity to develop a state-of-the-art MGA, embracing new technology and AI in order to provide the best possible service to our underwriting partners.”