Reinsurance News

BMS adds three directors to marine subsidiary

9th December 2020 - Author: Staff Writer

Independent specialist re/insurance broker BMS Group has added Nick Hocking, Tony Cuthbertson and Josh Robertson as directors within its marine subsidiary BMS Harris & Dixon Marine (BMS H&D Marine).

bms-logoEffective February 2021, all three will be based in London and report to John Hoare, managing director of BMS H&D Marine.

The appointments have been made to help build out BMS’ US marine wholesale capability and will focus on developing solutions for different marine specialty areas across the region.

Hocking re-joins BMS after 11 years at Price Forbes & Partners, where he most recently served as an executive director in its marine division. Prior to that, Hocking was a marine hull broker at BMS.

Cuthbertson has over 29 years’ experience in the insurance market and he has been an executive director at Price Forbes & Partners since 2013. He also served as director at Newman Martin and Buchan between 2002 and 2013.

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Robertson joins BMS with 10 years’ broking experience, specialising in US marine liability / P&I and hull & machinery risks.

He first joined Price Forbes & Partners as an insurance broker in 2011 and later progressed through a series of senior roles, most recently serving as an executive director.

“Our team of outstanding marine retail specialists has been developing tailored solutions for clients for decades, taking advantage of BMS’s access to both Lloyd’s and the international markets,” said Ian Gormley, managing director of the BMS Global Risks division.

“The marine wholesale insurance situation is evolving rapidly. We have identified exciting opportunities due to the hardening market conditions, where we believe our reinsurance expertise will come into play.

“The expansion of the longstanding BMS H&D Marine brand dovetails perfectly with a core group strategic focus on our US intermediaries client base.”

Hoare added, “Nick, Tony and Josh have valuable expertise in wholesale marine insurance that will complement our growing team.

“Their experience in the US market in particular will help deliver effective and comprehensive advice to our growing client list.

“I am therefore looking forward to working with them in expanding our US portfolio and the H&D Marine team as a whole and would like to welcome them to the business.”

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