BMS Hires Andrew Godden as CEO of Australia

BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the appointment of Andrew Godden as CEO of Australia. He will report directly to Nick Cook, CEO of BMS and be based in Sydney.

Andrew has established an outstanding reputation during his 30+ years in the insurance industry, based on his strong entrepreneurial approach to building insurance businesses. Most notably in 2003 he co-founded Specialist Broking Associates. Since its 2010 purchase by Arthur J. Gallagher, Mr Godden has been CEO of Australia for the combined business.

Andrew’s appointment will further enhance the significant reach BMS has been developing in Australia and across the Asia Pacific region, which is based on its commitment to offering its clients an individually focused level of service.

Nick Cook, CEO of BMS, commented: “BMS has been building its reputation in Australia and the wider Asia Pacific and I’m delighted that the entrepreneurial culture we have created has allowed us to attract an individual of Andrew Godden’s calibre. Andrew shares our belief in an employee-owned business with an absolute focus on high quality customer service, which will be invaluable as we expand our reach right across the region.”
Andrew’s appointment will take effect upon the expiration of his contractual obligations to Arthur J. Gallagher.

BMS Group Limited appoints John Hoare as Managing Director, BMS Harris & Dixon Marine

BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the appointment of John Hoare as Managing Director of BMS Harris & Dixon Marine, BMS’s specialty marine division with immediate effect. John succeeds current Managing Director Tony Pryce, who will remain Chairman of the business. John and Tony will work closely together on developing the expanding portfolio of BMS Harris & Dixon Marine.

John brings 32 years of experience in the marine insurance industry. He most recently served as International Marine Director at H. W. Wood Limited, having joined H. W. Wood from Heath Lambert. He began his career in the insurance industry at Sedgwick in 1985.

Tony said: “John’s appointment comes at a vital moment for BMS Harris & Dixon Marine. We have been steadily growing our book of business, and John will play a crucial role in the continued build-out of our capabilities. It has been a privilege to lead the BMS Harris & Dixon Marine division for almost thirty years, and it is now time for an orderly and managed transition to a new generation of leadership. John embodies the values of client service we hold so dear at BMS, and I therefore look forward to working with him to ensure the continued success of the business.”
John said: “BMS Harris & Dixon Marine has an unparalleled reputation in the marine market and has gone from strength to strength in recent years since its integration into the BMS Group. With ambitious plans and an expanding portfolio, BMS Harris & Dixon Marine will be an absolute pleasure to lead. I am delighted to be joining BMS Harris & Dixon Marine and working with as experienced a figure as Tony.”

BMS Group appoints James Gordon to lead Cyber & Technology Division as Managing Director

BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the appointment of James Gordon as Managing Director of its Cyber and Technology Division. He will take up his position after serving his current notice period, reporting to Ian Gormley, managing director, BMS Risk Solutions.

Gordon has 13 years’ experience in the (re)insurance industry and joins BMS from Lockton Companies LLP, where he served as vice president, Global Technology & Privacy Practice (GTTP). Under Gordon’s leadership, the GTTP grew to become the largest such team in the London market, handling all kinds of technology, media and network security related business, predominantly for financial institutions, the healthcare and retail industries. Previous employers include Jardine Lloyd Thomson Ltd. and HSBC Insurance Brokers.

Ian Gormley, Managing Director, BMS Risk Solutions said: “I’m delighted that James will be joining BMS. Following the hire of Ryan Jones earlier this year, James’ appointment represents the next step in our ambition to provide a market leading cyber offering to clients. His track record in business development and market reputation for supplying cyber and technology expertise will be instrumental as we grow our presence in this sector.”

James Gordon said: “I’m very pleased to be joining BMS to lead the Cyber and Technology Division. This is an exciting time in the market as demand for cyber and technology expertise continues to exceed supply. BMS’ global presence and existing reputation for providing an unmatched level of client service provides the perfect platform from which to build a leading cyber and technology team.”

BMS Group appoints Ryan Jones as Director of Cyber Risk Intelligence

BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the appointment of Ryan Jones as Director of Cyber Risk Intelligence. He takes up his position with immediate effect, reporting to Ian Gormley, Managing Director, BMS Risk Solutions.

Ryan has extensive experience as a cyber risk specialist and has advised a number of (re)insurance brokers, Lloyd’s syndicates and (re)insurance businesses on cyber protection, risk management and building and managing enterprise risk management programmes. Ryan previously had a successful career as a Sergeant of Marines with the United States Marine Corps.

Ian Gormley, Managing Director, BMS Risk Solutions said:

“I’m delighted to welcome Ryan to BMS, whose hire represents another significant step in our plan to build a market leading Cyber Intelligence Division. His specialist technical expertise and broad knowledge of cyber security will play a key role in our continual drive to be a one stop shop for our clients, as we develop a broking team that’s devoted to providing cyber risk solutions to our diverse client portfolio.”

Ryan Jones commented:

“I’m very pleased to be joining BMS. Cyber risks and exposures are complex, varied and continually evolving in the way they are assessed by both insurers and insureds. BMS’ internationally recognised brand offers the perfect platform from which to build and develop a team of devoted cyber experts who will facilitate cyber risk solutions for both existing and new clients.”

BMS Group appoints David Battman as Head of International

BMS Group Ltd. (“BMS”), the independent specialist insurance and reinsurance broker, today announces that David Battman will join the Company as Head of International in the New Year, reporting to Nick Cook, CEO of BMS.

David joins BMS from Arthur J. Gallagher International (“Gallagher”) where he was Managing Director, International Business Development and a Partner at Alesco RMS. He joined Gallagher in 2006 to develop and help implement the strategy to expand Gallagher’s global footprint and grow its international income. During his tenure, he developed the group’s strategies for regions including Latin America and Asia-Pacific, both of which have since been implemented successfully. David also ran Gallagher’s international broker network, the GGA, matching partner firms’ placement needs with the group’s wholesale capabilities. He recently joined the executive team of Alesco, with responsibility for M&A strategy, distribution and production.

David’s previous employers include Lloyd’s of London, with whom he spent 8 years in roles that included establishing the Lloyd’s Asia underwriting platform in Singapore, and Managing Director, Lloyd’s Spain. Before that, he ran the political risks consulting team at Control Risks Group.

Nick Cook, CEO of BMS Group, said:

“I’m delighted to welcome David to BMS. His depth of experience and impressive track record of designing and implementing sales, marketing, project and risk management strategies in the Lloyd’s and international (re)insurance markets will play a key part in BMS’ ongoing development as a leading independent broker.”

David Battman said:

“It’s a great pleasure to be joining BMS, whose brand is already internationally renowned for the quality of its client service and technical expertise. I look forward to playing my part in the continued growth of its international operations and expansion into new and existing territories.”

Max Taylor – Appointed Chairman, Pioneer Underwriting

BMS Group has strengthened its underwriting growth plans by hiring former Lloyd’s chairman Max Taylor to its MGA business. Insurance Day magazine covered the appointment of Mr Taylor as Chairman of Pioneer Underwriting.

Click here to read more at Pioneer Underwriting

Or alternatively, click here to read the full article at www.insuranceday.com (registration may be required)

Kurt Johnson Joins BMS Intermediaries as Executive Vice President

BMS Intermediaries has hired Kurt Johnson as Executive Vice President. Johnson will be responsible for providing actuarial support and related services for BMS’ client base. Johnson brings more than 25 years of industry expertise, primarily in the area of reinsurance, to BMS. He has extensive experience in ratemaking, loss reserves, commutations, capital modeling and management reports.

Johnson joins BMS on the heels of a two-year stint at Christopher Gross Consulting, where he provided clients with a broad scope of actuarial consulting services. Prior to that, he spent 11 years at Guy Carpenter, as Managing Director and Regional Manager of the Minneapolis office. He was responsible for all analytical functions for the mid-American region, including actuarial, cat modeling, financial modeling and capital modeling. He was a member of Guy Carpenter’s Actuarial Best Practice committee, which was responsible for setting worldwide actuarial standards.

Before joining Guy Carpenter, Johnson served as a Senior Vice President at E.W. Blanch, where he provided analysis for reinsurance pricing, reinsurance structure analysis, and commutations. He spent the first 10 years of his career at General Reinsurance, attaining the title of Second Vice President. In this role he was responsible for a variety of functions, including loss reserving, IBNR reporting, financial reporting, commutations and reinsurance pricing.

Kurt brings tremendous experience and a well-deserved reputation for his expertise within both the reinsurance and the actuarial communities to BMS. With his background, we expect him to be able to hit the ground running in support of our existing clients and production efforts,”

said David Spiegler, Executive Vice President and Chief Actuary at BMS.

Johnson has a B.S. in Mathematics with a concentration in Statistics from St. Olaf College, and has completed the coursework for a Master’s in Statistics from the University of Minnesota. He is a Fellow of the Casualty Actuarial Society (FCAS) and a Member of the American Academy of Actuaries (MAAA).

BMS appoints Dane Douetil as new Group Chief Executive Officer

BMS Associates, the specialist independent broking and underwriting group, has appointed Dane Douetil as its new Group Chief Executive Officer.

BMS Associates is the parent company of BMS Group Limited, its UK broking entity; of BMS Intermediaries Inc., its US broking arm; and of Pioneer Underwriting Limited, its underwriting platform.

Mr Douetil, who is expected to commence his role in early September, will lead the company in the second phase of its development strategy, which has seen BMS revenues grow by 27% since 2010 as it has taken advantage of global opportunities and established its fast-growing Pioneer Underwriting platform.

Mr Douetil, previously Chief Executive Officer of Brit Insurance Holdings NV, has more than 30 years of industry experience, covering broking and underwriting in insurance and reinsurance as well as in retail and wholesale environments. Prior to restructuring Benfield Re, which became Brit Insurance, Mr Douetil was a founding shareholder and director of specialist insurance broker Special Risk Services Limited, a business which was successfully transformed from a start-up to a highly profitable enterprise and sold to Minets (now AON).

Mr Douetil, who began his career at Willis, has deep roots in Lloyd’s and the London markets, having previously been Chairman of the Lloyd’s Market Association and of the London Market Reform Group. In 2007, Mr Douetil was made a Commander of the British Empire (CBE) in recognition of the reform work undertaken in the UK insurance market.

Christopher Hopton, Chairman of BMS Associates, said:

We are delighted to welcome Dane into his leadership role with us. He will build on the strong foundations already in place at BMS, leading the growth of our broking platform and the further development of Pioneer Underwriting. Dane’s experience as a leader in both broking and underwriting will be great assets for BMS. With his entrepreneurial track record of building successful businesses and his reputation, particularly in Lloyd’s and internationally, Dane’s appointment shows that we are determined to carry through our growth plans to success, and continue to deliver outstanding service to our clients.”

Mr Douetil said:

Leading a company of the calibre and scope of BMS is a very exciting prospect. BMS is an intriguing and compelling proposition with significant growth potential. It will be refreshing to return to my roots as a broker and combine this with my underwriting experience in a leadership role here at BMS. This is a rare opportunity in the market and one that is a great marriage of my experience and BMS’s strategy of developing both its broking and underwriting platforms.”

Mr Hopton added:

BMS is building an exciting market proposition and Dane’s track record of innovation in transforming businesses will be of enormous value.”

BMS also announced that Nick Cook has been confirmed as Chief Executive Officer of BMS Group Limited, its regulated UK broking entity, having successfully fulfilled the role on an interim basis since April this year. Mr Cook has been with BMS since 2010, and was previously Chief Executive Officer of Glencairn Group Limited. He is an executive director on the board of BMS Group Limited and BMS Associates Limited.

Commenting on the appointment of Nick Cook, Christopher Hopton said:

Nick has built-out the wholesale platform at BMS, posting encouraging growth and winning new business. He has increasingly taken on additional responsibilities, including our UK reinsurance strategy. With his experience in building successful businesses and his strong network in the markets, he is very well positioned to lead our UK broking activities.”

Mr Cook said:

I am proud to lead our broking business in the second phase of our strategic plan. I look forward to working closely with Dane in continuing to build our business and drive our international development. These are very exciting times for BMS and our clients.”

Nick Cook and Darren Doherty, Chief Executive Officer of Pioneer Underwriting, along with other members of the company’s Executive Committee, will report to Mr Douetil. The search for a CEO of BMS Intermediaries, its US broking arm, continues, and the successful candidate will also report to Mr Douetil.

Mr Douetil’s and Mr Cook’s appointments are subject to approval by the UK regulator, the Financial Conduct Authority.

Press Coverage of Sydney Office Opening

BMS was pleased to open its Sydney Office on 3rd January 2013.

Click the links below for some of the media coverage:

BMS appoints Chuck Hewitt to further propel its US platform

Independent global broker BMS today announced that Chuck Hewitt has joined its US based reinsurance operations as a senior producer, Executive Vice President and member of its US Leadership Team. He will divide his time between Boston and BMS’s New York office.

Chuck Hewitt commented:

I am delighted that BMS has invited me to join their team. They have demonstrated a willingness to invest in the analytical, modelling and technology platform needed to support the creativity and work they perform for their clients. I am excited to be joining my fellow US and UK colleagues and to help build a world class operating model. BMS offers a strong, independent option in the reinsurance business; it listens to its clients and prospects and delivers custom solutions to their needs and challenges.”

Carl Beardmore, CEO, added:

I am thrilled that Chuck is joining us. He is an experienced and proven producer of business and has an excellent reputation in the sector – often being referred to as one of the best brokers clients have ever dealt with. His extensive know-how will be a great addition to our already considerable pool of talent. This marks yet another important step in the development and extension of our US operations.”

Hewitt has had a long and distinguished reinsurance career. He spent over 28 years at E. W. Blanch / Benfield, initially in the Chicago office and then opening up the EWB Boston office in 1992, building it into a highly respected and strong revenue generating operation. In 2007 he left to join Guy Carpenter as co-head of their Eastern Region, where he recreated the Boston dynamic, produced a sizeable book of brokerage, and became a founding member of the Executive Strategy Team focused on working with clients and prospects on their strategic issues and challenges.