Ross Dennett has taken over at the helm of international insurance, professional and investment services firm Thomas Miller in the island.

Mr Dennett formally took over the role on April 1 from Rod Lingard, who is retiring after more than 30 years with the group.

Mr Dennett is a member of the Thomas Miller (Isle of Man) management team and was managing director of Thomas Miller Captive Management, responsible for the management of 30 captive insurance companies.

He has more than three decades of practical experience in the international corporate insurance and risk management sector.

Mr Dennett, said: ’It is an honour to succeed Rod as chairman and I look forward to working with the Isle of Man team in achieving our goals and delivering on our growth strategy.’

Stephen Morris will take on the responsibility for the captive insurance companies from Mr Dennett.

Mr Morris has worked closely with Mr Dennett as his deputy since joining Thomas Miller more than 10 years ago.

To date he has been looking after part of the client portfolio, both multinationals as well as privately owned captives and mutuals.

Mr 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 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.

’Ross will surely take Thomas Miller Isle of Man to its next stage of development.’