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BMS News

BMS revenues grow 25% to exceed £100mn in 2018

By: - March 13th, 2019

BMS, the independent specialist insurance and reinsurance broker, today announces that in 2018 annual revenues for the first time exceeded £100mn, one of a number of financial landmarks achieved by the business over the course of the year. Overall revenue grew by 25%. BMS’s London wholesale business posted particularly impressive […]

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March 3, 2019 – Severe Weather Outbreak

By: - March 4th, 2019

The familiar saying is that March can start in one of two ways: like a lion or a lamb. Unfortunately, this year it has come in roaring like a lion, with the occurrence of a very active outbreak of severe weather that has moved across the southeastern U.S., spawning numerous […]

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BMS meteorologist Andrew Siffert speaks at RAA Cat Risk Management Conference

By: - February 25th, 2019

BMS RE US resident senior meteorologist, Andrew Siffert, presented at the RAA Cat Risk Management Conference in Orlando Florida on February 28th where he discussed “The Art of Insurance Loss Communication in the Digital Age”.  He touched on how he uses social media and other digital information during times of […]

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Winter Weather and Hidden Issues for the Insurance Industry

By: - January 29th, 2019

It was not long ago that the insurance industry suffered a $2.4B industry loss from the harsh winter of 2013/2014, when “Polar Vortex” became a household word after the major cold snap of January 5-8, 2014 gripped the nation. Subsequent winters have totaled over $7B of loss, but there still […]

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Summary of Loss Trends

By: - January 15th, 2019

It’s nearly that time of year again when report after report will be issued summarizing the insured losses and economic impact that we saw in 2018. In fact, just last week Munich Re released its annual Natural Catastrophe Review showing that 2018 saw substantial disasters with large costs. However, global […]

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