Specialist insurance and reinsurance broker, BMS Group, has revealed some management changes within its US reinsurance actuarial and analytics team.
The independent specialist re/insurance brokerage has announced that as part of the reorganisation, Chief Actuary, Dave Spiegler is to retire at the end of 2019 after a long career. Following his retirement, he will remain with BMS as a consultant.
Kirk Conrad, who joined the firm as Chief Strategy Officer in 2016 via BMS’ takeover of Advocate Re, has been promoted to Chief Analytics Officer, a newly created position. In his new role, Conrad will be tasked with oversight of BMS’ US reinsurance catastrophe analytics and actuarial divisions.
It’s also been announced that the insurance and reinsurance broker’s actuarial team will now report to Kurt Johnson, Executive Vice President (EVP), who is currently based in the firm’s Minneapolis office.
BMS US Chief Executive Officer (CEO), Steve Korducki, said: “At BMS, analytical and actuarial capabilities are core to our strategy. We invest in the tools, talent and technology necessary to provide bespoke analysis and solutions that provide real value to clients, as our Catastrophe Analytics division did during the recent cat events. I am looking forward to continuing building out BMS’s analytics platform with Kirk, Kurt and Julie Serakos, who leads our Catastrophe Analytics team.
“I would also like to thank Dave Spiegler for his dedicated service. Our actuarial team has grown to what it is today under his leadership and I am pleased he will be working with us in a consulting capacity for some time to come.”