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BMS Tropical Update July 11th

By: - July 11th, 2019

As mentioned in the last BMS Tropical Update, a storm is brewing in the Gulf of Mexico.  The National Hurricane Center has now named this system Tropical Storm Barry and expects it to potentially become a hurricane by Saturday and make landfall shortly thereafter, with possible impacts along the coasts […]

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BMS Tropical Update: July 9th

By: - July 8th, 2019

There is an old proverb used to describe the Atlantic hurricane season: “June – too soon; July – stand by; August – come they must; September – remember; October – all over.” In fact, we suggested in our May BMS Tropical Insight that the next best opportunity for tropical storms […]

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Insurance industry impacts to upgrading Michael to a Category 5

By: - June 24th, 2019

When Hurricane Michael made landfall on October 11th 2018, it had a central pressure of 919mb, which is the third lowest pressure of any U.S. landfalling hurricane. Yet, at the time, the storm was classified on the Saffir Simpson Hurricane Scale as a Category 4 hurricane with winds of 155 […]

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BMS partners with BitSight to provide cyber risk analysis services

By: - June 11th, 2019

BMS Group (“BMS”), the independent specialist (re)insurance broker, today announces a partnership with BitSight, the Standard in Security Ratings, to provide cyber risk analysis services to BMS clients across all lines of business as part of BMS’s consultancy offering. BitSight’s market-leading security ratings platform provides the most comprehensive and trustworthy […]

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BMS secures long-term investment from BCI and PCP

By: - June 5th, 2019

BMS today announces an agreement for a significant investment by affiliates of British Columbia Investment Management Corporation (“BCI”) and Preservation Capital Partners (“PCP”). The investment, which values BMS at £500m, is subject to regulatory approvals and is expected to close in the third quarter. The BMS management team, led by […]

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