Reinsurance News
BMS Group
BMS adds senior trio to US reinsurance analytics team
19th December 2019
BMS Group, the independent specialist re/insurance broker, has announced the addition of three senior hires to its US reinsurance analytics team in Philadelphia. Firstly, Nick Dranchak has joined as Executive Vice President, Capital Management of BMS Re US. Reporting to Chief Analytics Officer Kirk Conrad, Dranchak will lead the team’s rating agency ... Read the full article
Alex Orloff named Director of Capital Markets Analytics, BMS Capital Advisory
16th December 2019
Insurance and reinsurance brokerage BMS Group has named Alex Orloff as Director of Capital Markets Analytics at BMS Capital Advisory, the firm's investment banking unit. In this role, Orloff will report to Romulo Braga, Chief Executive Officer (CEO) of BMS Capital Advisory, effective immediately. He will be tasked with leading the development ... Read the full article
BMS names Chandler CEO of US reinsurance, restructures management
9th December 2019
Specialist insurance and reinsurance broker BMS Group has announced the appointment of Pete Chandler as President and Chief Executive Officer of BMS Re US, effective December 9th. Chandler joined BMS in May 2019 from JLT Re, taking up a role as President of US reinsurance operations. Now, in his expanded role, ... Read the full article
BMS launches Private Equity, M&A and Tax Insurance unit
4th December 2019
Specialist insurance and reinsurance broker BMS Group has launched a Private Equity, Mergers & Acquisitions (M&A) and Tax Insurance unit, and has named Tan Pawar as Managing Director of the new team. Pawar is set to join the firm once he has completed contractual obligations, and, will report to Ian Gormley, ... Read the full article
Jeff Irvan joins BMS as Chief Property Officer, US Reinsurance
4th November 2019
BMS Group (“BMS”), the independent specialist re/insurance broker, has announced the appointment of Jeff Irvan as Chief Property Officer, US Reinsurance. He joins BMS from Wills Re, where he most recently led the brokerage’s office in Atlanta, Georgia. Irvan has more than 20 years’ experience in property reinsurance broking, having first started ... Read the full article
BMS appoints Rod Spurrell MD of Lions Gate Underwriting
23rd October 2019
Independent specialist insurance and reinsurance broker BMS Group has announced the appointment of Rod Spurrell as managing director at Lions Gate Underwriting, a specialist MGA launched in 2015 BMS’s Canadian subsidiary. Spurrell joins with over 24 years’ experience from Markel Canada, where he most recently served as vice president of underwriting. Effective ... Read the full article
BMS secures investment from major financial institutions
8th October 2019
UK headquartered brokerage BMS Group has announced the completion of its equity investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). First announced back in June 2019, the investment valued BMS at £500 million (US $636 million). Following the investment, management and staff of BMS will maintain ... Read the full article
BMS reorganises US reinsurance actuarial, analytics team
17th September 2019
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 ... Read the full article
BMS adds Neil Prior as Director of Global Risks division
11th September 2019
Independent specialist re/insurance brokerage BMS Group has announced the appointment of Neil Prior as Director in its Global Risks division. Prior, who brings over 30 years’ experience to the role, joins from Priority Underwriting, a company he Co-founded and served as Chief Executive Officer. Reporting to BMS Managing Director Ian Gormley, he ... Read the full article
BMS takes investments from major institutions at $636mn valuation
5th June 2019
UK headquartered brokerage BMS Group has announced that it's secured a significant investment from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP). The investment values BMS at £500 million (USD 636 million) and is expected to close in the third-quarter of 2019, subject to regulatory approvals. The BMS management ... Read the full article
JLT Re’s Pete Chandler joins BMS as President, US reinsurance
3rd May 2019
Specialist insurance and reinsurance broker BMS Group has announced the appointment of Pete Chandler from JLT Re as President of its US reinsurance operations, effective May 27th, 2019. In his new role, which subject to regulatory approval sees him join the BMS US Board, Chandler will report to Steve Korducki, US ... Read the full article
Chris DeMuth joins BMS Capital Advisory from JLT
2nd May 2019
BMS Group, the independent specialist re/insurance broker, has announced the appointment of Chris DeMuth as Senior Vice President (SVP) at BMS Capital Advisory, its investment banking division. DeMuth joins BMS from JLT Capital Markets, where he most recently served as SVP, providing M&A, capital raise and advisory services to the re/insurance ... Read the full article
BMS hires Nick Moss as CFO from JLT Re
1st May 2019
BMS Group, the independent specialist re/insurance broker, has announced the appointment of Nick Moss as Chief Financial Officer (CFO). Moss joins BMS from JLT Re, where he served as Global and UK Finance Director. He has more than 30 years’ experience in finance and previously held senior finance roles at Novae and ... Read the full article
BMS annual revenues exceed £100m
13th March 2019
Independent specialist re/insurance broker BMS has revealed that its annual revenues for the first time exceeded £100 million in 2018. Overall revenue grew by 25% while BMS’s London wholesale business posted 32% growth. BMS’s reinsurance division achieved an 18% revenue increase. “This remarkable result belongs to BMS staff, who have driven our ... Read the full article
BMS adds George Bowring and Kian Wookey to Bermuda team
17th December 2018
Independent specialist re/insurance broker BMS Group has expanded its Bermuda market operations with the appointments of George Bowring from Price Forbes and Kian Wookey from JLT. The new hires come as part of a build out of BMS’s Bermuda operations and will focus on North American liability and property, respectively. Bowring most ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
