BMS Group News

Texas Lawmakers Told Insurers Want ‘Seat at Table’ As Power Blackout Probe Begins

Texas state legislators on Thursday begin digging into the causes of deadly power blackouts that left millions shivering in the dark as frigid temperatures caught its grid operator and utilities ill-prepared for skyrocketing power demand. Hearings are expected to highlight …

UK-Based BMS Group Launches Asia Broking Operations with M&A Insurance Focus

BMS Group Ltd., the London-based independent specialist insurance and reinsurance broker, announced the launch of its Asia broking operations, headquartered in Singapore and with proposed operations in Hong Kong, pending regulatory approval. BMS Asia will initially focus on M&A insurance …

BMS Purchases Spanish Specialist Insurance Broker Montymarq

BMS Group, the independent specialist re/insurance broker, announced its Spanish subsidiary, BMS Mediación Iberia Correduría de Seguros y Reaseguros, S.L.U. (BMS Iberia), has acquired Montymarq Asociados Consultores y Corredores de Seguros, S.L., the Spanish specialist insurance broker. The consideration for …

Broker BMS Names Pope from Guy Carpenter as Executive Chairman in Latin America

BMS Group, the independent specialist re/insurance broker, announced the appointment of Aidan Pope as executive chairman of its Latin American and Caribbean business, effective on Jan. 1, 2021. Pope will focus on growing BMS’ operations in Latin America and the …

BMS Names Madell as Director in New Financial Lines Division

BMS Group, the independent specialist re/insurance broker, announced the appointment of Chris Madell as director in BMS’ new Financial Lines division, effective immediately. Madell will be based in London, reporting to Ian Gormley, managing director of the BMS Global Risks …

BMS Appoints Massis as Chairman of Australian Affinity Business

BMS Group, the London-based independent specialist re/insurance broker, announced the appointment of Cris Massis as chairman of BMS’s Australian affinity business, effective Nov. 1 and based in Melbourne. Massis adds significant association leadership and member value expertise to BMS Australia’s …

BMS Names Former Everest CEO Addesso as Non-Exec Chair of U.S. Reinsurance Arm

BMS Group, the London-based specialist re/insurance broker, announced the appointments of Dominic Addesso as non-executive chairman and LoriAnn Lowery-Biggers as an independent non-executive director of BMS Intermediaries Inc., the group’s U.S. reinsurance intermediary arm. Addesso and Lowery-Biggers also join as …

BMS Signs Long-Term Partnership Agreement with Chilean Broker Insurex Re

BMS Group, the London-based specialist re/insurance broker, announce it has signed a preferred partner agreement with the independent Chilean reinsurance broker and existing trading partner Insurex Re, a company owned by Insurex Group. A long-term business plan has been agreed …

Specialist MGA Lions Gate Expands Canada Offering with Environmental Insurance Cover

Lions Gate Underwriting, the Vancouver-based specialist managing general agent, has launched a new Environmental Insurance product as part of its coverage offering. The program is being underwritten by Great American Insurance Group, which backs a number of Lions Gate products, …

BMS Appoints Broadnax to U.S. Property Facultative Team in Atlanta

BMS Group (BMS), the independent specialist (re)insurance broker, has appointed Larry Broadnax as senior vice president, Property Facultative Leader, effective April 15. He will be based in Atlanta and report to Pete Chandler, president & CEO of BMS’s U.S. reinsurance …