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United Transport Mutual to merge UK P&I Club and TT Club

PRIVATEOct 09, 2026

Acquiring Company

United Transport Mutual Limited

Acquired Company

UK P&I Club and TT Club

Greater LondonSoftwareInsurance

Description

The UK P&I Club and TT Club have voted to merge into a combined mutual insurer, effective February 20, 2027. The merger will enhance their coverage across the cargo supply chain, combining their annual premiums of approximately $750 million. United Transport Mutual Limited will oversee the merged entity while both clubs retain their distinct identities.

Company Information

Company

United Transport Mutual Limited

About

United Transport Mutual Limited (UTM) will provide governance, capital, and shared platforms for the merged entity of UK P&I and TT Club. It is not explicitly defined but acts as the parent company overseeing the merger and the acquisition of Thomas Miller Holdings. UTM enables the combined mutual insurance operations to function under a unified structure.

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Frequently asked

Who acquired UK P&I Club and TT Club?

UK P&I Club and TT Club was acquired by United Transport Mutual Limited. The deal was reported on October 9, 2026. United Transport Mutual Limited (UTM) will provide governance, capital, and shared platforms for the merged entity of UK P&I and TT Club. United Transport Mutual Limited is privately held and operates in Software.

When did United Transport Mutual Limited acquire UK P&I Club and TT Club?

United Transport Mutual Limited's acquisition of UK P&I Club and TT Club was reported on October 9, 2026. The UK P&I Club and TT Club have voted to merge into a combined mutual insurer, effective February 20, 2027. The merger will enhance their coverage across the cargo supply chain, combining their annual premiums of approximately $750 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does UK P&I Club and TT Club do?

The UK P&I Club insures over 250 million tonnes of owned and chartered shipping, while the TT Club covers 80% of the world’s shipping containers. They are merging to create a combined mutual insurer that spans the full cargo supply chain. It is privately held, operating in Insurance, and is based in Greater London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.