New York, NY – BMS Capital Advisory, Inc., has appointed Steve Korducki, Executive Vice President of BMS Intermediaries, as General Securities Representative, effective immediately. Mr. Korducki currently serves on the BMS Intermediaries U.S. Executive Committee. as the leader of BMS’ Florida Strategy. In his new role he leverage his managerial and operational experience to assist the firm in the expansion of non-traditional catastrophe coverage solutions for BMS clients and new business prospects.
Together, BMS Capital Advisory and BMS Intermediaries offer clients access to the resources needed to achieve their strategic goals through reinsurance transactions or access to the capital markets.
Rom Braga, BMS Capital Advisory’s CEO said:
“We are guided by a group-wide partnership approach as we strive to deliver capital management solutions to our clients. With Steve on board, our clients now have access to another insurance executive with extensive industry experience, especially in peak catastrophe zones, such as Florida.”
Mr. Korducki commented:
“Risk management in catastrophe exposed regions, like Florida, requires front-end aggregate management strategies and controls, as well as cost-effective and efficient risk transfer capabilities, across traditional and non traditional reinsurance and capital markets. BMS is committed to the development of customized front-end risk management technology and the seamless integration of capital markets into the risk transfer process for our clients.”
Mr. Korducki is a Certified Public Accountant and a licensed Property and Casualty Agent. He is a graduate of Marquette University and holds securities licenses including the Series 7, and Series 63. He was an early pioneer in the development of catastrophe bonds and insurance linked securities.