Thomas Miller has appointed Ross Dennett as chairman, succeeding Rod Lingard, who is set to retire after more than 30 years at the firm.
Dennett, who will take on the role from 1 April, worked as managing director of Thomas Miller Captive Management, based in the Isle of Man.
He was responsible for the management of 30 captive insurance companies and has more than three decades of experience in the international corporate insurance and risk management sector.
Commenting on his departure, Lingard said: “It’s been a privilege to have spent the majority of my career at Thomas Miller but, as I prepare to depart, I know that in Ross [Dennett] I am leaving our Isle of Man business in capable hands.”
“His knowledge and experience of the insurance and risk management sector will bring further strength and capability to the business and Dennett will surely take Thomas Miller Isle of Man to its next stage of development,” he continued.
Stephen Morris will take on the responsibility for captive insurance companies from Dennett.
Morris has worked closely with Dennett as his deputy since joining Thomas Miller over ten years ago, looking after part of the client portfolio, both multinationals as well as privately owned captives and mutuals.
Commenting on his promotion, Dennett added: “It is an honour to succeed Rod [Lingard] as chairman and I look forward to working with the Isle of Man team in achieving our goals and delivering on our growth strategy.”
