Milford Haven Port Authority has moved the management of all of its insurance placing and associated servicing over to Thomas, Carroll Group plc.

The Caerphilly-based insurance to financial services provider with Swansea Offices serving West Wales, will be providing a full range of insurance broking services encompassing all areas of the Port Authority work.

Responsible for operating the largest port in Wales and the third largest in the UK, the Milford Haven Port Authority has a diverse range of business activities under its control and responsibility within the Haven.

The construction of the insurance programme required a detailed knowledge and appreciation of the risks associated with all marine and land based activities. 

Richard Pugh, Finance Director of Milford Haven Port Authority said: “As one of the UK’s busiest ports, with capacity to process 30% of the UK gas requirements and Handling 25% of the UK’s petrol and diesel provisions, our risk management needs are extremely high level and exacting. 

This contract was awarded on the basis of best value, service level indicators and their detailed knowledge of our business. The fact that Thomas, Carroll are locally-based and have been named the UK Insurance Broker of the Year gives us added benefit and comfort in our decision to move to a Welsh operator.”  

Brynmor Williams, Director of Thomas, Carroll Group plc said: “It is a sign of our growth in size and scope that Thomas, Carroll in Wales has the capacity and homegrown expertise to provide risk management solutions to Wales’ largest institutions.

Milford Haven Port Authority is a tremendous new contract for us, requiring a sizeable client service team and follows other iconic Welsh businesses ranging from the Wales Millennium Centre to Brecon Beacons National Park Authority showing confidence in Thomas, Carroll.”