Thomas Miller to provide due diligence services for UK & European investments

Juridica, a leading provider of capital to the law market, announced today that Thomas Miller will be providing due diligence services on investment opportunities in the UK and European claims market as part of the Company’s increased focus on investments in those markets.

Earlier in the year Juridica announced that it would be increasing its focus on UK and European investment opportunities following an increase in referrals from top 20 UK based firms. The relationship with Thomas Miller will enable Juridica to examine a wider range of opportunities and should also reduce the Company’s assessment costs for those investments that are lower than its average size. Thomas Miller also plans to co-invest in certain opportunities alongside Juridica.

Commenting on the announcement Juridica’s Chairman, Lord Brennan, said: "This is an important element of our UK and European activities which will help us to secure additional high quality investments for the portfolio."

Thomas Miller is a 125 year-old provider of business services to mutuals, specialist insurance sectors, asset managers and wealth creation vehicles, with an exceptionally strong service ethos. For many years its talented team of in-house lawyers have been managing claims for insurers across a variety of subject matters; more recently it has also delivered due diligence services to UK insurers that offer ATE insurance for UK litigation.

Richard W. Fields, Chairman and Chief Executive Officer of Juridica’s Investment Manager, said: "It’s vital to ensure we have access to the very best intellectual capital and specialist knowledge. Juridica is always looking for leading subject matter experts to assist us in due diligence on our investment opportunities. The Thomas Miller team have established a multi-year, winning track record in their work for ATE insurers and their success has been built upon decades of experience in managing and settling claims for a variety of insurers."

Bruce Kesterton, Chief Executive of Thomas Miller said: "We are excited about working with Juridica to offer a professional litigation funding service and capacity to UK and European litigants.”

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