Reinsurance News

BMS Re hires new executive director to oversee Bermuda operations

2nd August 2021 - Author: Katie Baker

Independent reinsurance broker BMS Re has appointed Adam Mullan as executive director to oversee its launch in Bermuda.

bms-logoHe will be responsible for building out BMS Re’s Bermuda operations and will be the driving force behind the initiative.

Prior to this position, Muller worked as a re/insurance consultant at Attestor Capital, where he oversaw non-executive consulting assignments for acquisitions, business planning and strategy.

He has held numerous senior roles, including as CEO of Alterra Global Reinsurance and Alterra at Lloyd’s Limited where he led a team of approximately 180 staff in the management and operations of Alterra’s Lloyd’s and global reinsurance business.

BMS Re’s launch in Bermuda is the latest step in expanding its global footprint.

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Having established a major hub in the US under Pete Chandler, BMS Re also has operations in London and Europe headed by Hannah Watkins and Andrew Wheeler and more recently has expanded into the Latin American market led by Aidan Pope.

Nick Cook, CEO of BMS, said: “BMS Re’s launch in Bermuda builds on the already strong presence we have on the island as a specialty broker and BMS Re’s expanding global footprint demonstrates our commitment to the reinsurance broking business.

“We only expect this growth to accelerate as we continue to invest significantly into the business and into our actuarial and analytics capabilities through BMS Re’s Pathlight Analytics platform.”

“We are extremely pleased to have Adam leading our Bermuda operations, he has a distinguished career and is completely aligned with BMS Re’s strategy and vision. I’d like to welcome him to the team and look forward to working with him on this exciting new venture.”

Mullan added: “It’s a great honour to lead BMS Re’s operations in Bermuda. BMS has built a strong and talented global team with a terrific corporate culture.

“The group has the experience and capability required to effectively service the needs of their growing client base. I am delighted to join such a passionate and professional team and to aid in BMS Re’s continued and considered evolution.”

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