Press Release: UK P&I Club appoints new senior loss prevention executive in Piraeus

The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, has appointed Captain Kostas Karavasilis as a senior loss prevention executive in its Greek office.

Kostas is a Master Mariner and joins the UK Club from a local hull insurer, where he spent ten years, serving as a Claims Manager. He is certified by Lloyds Register as ISM and ISPS Internal Auditor and is registered as an insurance intermediary by the Bank of Greece.

Kostas will report to Loss Prevention Director Stuart Edmonston and will be based in the UK Club's Piraeus office. He has significant experience within the hull and machinery insurance industry and has an extensive and enviable network of international broking houses, consultancy and surveying firms, salvors, reinsurers, solicitors and shipbuilding brokers.

Stuart Edmonston, Loss Prevention Director, UK P&I Club, says: "We warmly welcome Kostas to the Club and his wealth of expertise and experience will undoubtedly benefit the business. He has an in-depth understanding of the international marine industry and loss prevention issues in particular. We are confident his skills will strengthen the business and continue to deliver the expert services our Members expect from the Club."

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For further details, please contact:

Jonathan Atkins/ Narmina Yusifova

Four Communications

UKP&I@fourcommunications.com / +44 (0) 20 3697 4200

Notes to Editors

The UK P&I Club is a leading provider of P&I insurance and other services to the international shipping community. Established in 1869 the UK P&I Club insures over 244 million tonnes of owned and chartered shipping through its international offices and claims network. 'A (Stable)' rated by Standard & Poor's with free reserves of $505m, the UK P&I Club is renowned for its specialist skills and expertise which ensure 'best in class' underwriting, claims handling and loss prevention services.

The UK P&I Club is managed by Thomas Miller, an independent and international insurance, professional and investment services provider.

www.ukpandi.com

About Thomas Miller

Thomas Miller is an international provider of market leading insurance services.

Founded in 1885, Thomas Miller's origins are in the provision of management services to mutual organisations, particularly in the international transport and professional indemnity sectors; where today they manage a large percentage of the foremost insurance mutuals. Increasingly Thomas Miller applies its knowledge and expertise to the development of specialist businesses.

Principal activities include: