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BMS News

Hurricane Irma – BMS webinars discussing developments

Tropical Update Webinar one – 7 September 2017
Due to the special forecast situation and potential impact on the insurance industry, BMS Catastrophe Analytics held a webinar on September 7th which provided the latest on Irma, its forecasted track and impacts for the insurance industry.

Tropical Update Webinar two – 9 September 2017
In this webinar BMS President Steve Korducki and Executive Vice President Julie Serakos cover the CEO check list of things companies should be doing at this stage and the current state of the market with summary of insured losses.

What makes BMS stand out in the crowded reinsurance arena?

It’s the passion, creativity and care we bring to every aspect of our client relationships. And when you experience it, you’ll know.

Want to feel it? Watch the video


New BMS creative brings brand to life at NAMIC Annual Convention 2013

What makes BMS the reinsurance advisor clients want to work with time and again? Creative, custom solutions and a caring, entrepreneurial spirit. We think fast, but never wing it.

Want to feel it? Play the Video:


VIDEO: BMS Analytical Services – Innovative Solutions

Julie Serakos, Head of Cat Modeling, discusses the importance of the innovative solutions that the BMS Cat Analytics offering provides to clients and the proactive attitude that ensures this department of experts gives the client exactly what they need and more.


Video – Over 100 years experience, BMS’s P&C offering

BMS’ Larry Cantwell talks about the Property & Casualty offering and why, with over a 100 years of experience in the team and the UK/US platform, BMS offers something just a little bit different.


BMS Intangible Asset Protection Solutions – Video

At BMS, we recognise that intangible assets have become one of the key areas of risk that are of paramount importance to businesses now and in the future. They cover a very wide spectrum of assets broadly defined by the fact that they are not physical. Wipo figures suggest that over 80% of a company’s value is now contained within these non-physical assets.

Intangible assets can be split into legal intangibles such as patents, copyrights, trade secrets and trade marks or competitive intangibles such as data and know-how.

Watch BMS’ Rupert Alabaster discuss the importance of Intangible Asset Protection and how it is so much more than cyber risk:


AM Best Video MPL Market – Mike Hollenbach & Sean McDermott

BMS’ EVP Specialty Casualty, Mike Hollenbach and SVP, Sean McDermott featured in an AM Best Video discussing topics around the state of the medical professional liability market, including what consumers are talking about and the implications of the Affordable Care Act on physicians’ practices.

Click here to view the full ‘Regulatory Preview’ video  on the AM Best Video Center.

Click here to view the Specialty Casualty Team Offering

BMS’s role in the Movies

BMS has been involved in film insurance for many years and is another example of the diversity and breadth of expertise that the Group encompasses.

During the early 1990s, BMS became involved in film completion bonds, which are a bond issued to a film producer which guarantees that a film will be made on time and on budget. Adam Leegood, Director BMS Property & Casualty, is joined by independent film producer Richard Holmes, to discuss film bonds and the full story behind BMS’s role in the movies:


BMS opens New York office

Video: Carl Beardmore discusses the opening of the New York office – which is key for BMS and its continued expansion of the US platform.


What is an Industry Loss Warranty (ILW)?

Stefano Nicolini, SVP BMS Retro explains what an Industry Loss Warranty is and the key role they play in the catastrophe market.  Watch the video to learn more about ILW and the vital role they play in the insurance market and how the current market conditions mean the need for them is ever more present.

Basically a ILW is a contract that can be done in a reinsurance format, on a derivative format, where the contract is triggered by an event instead of on an actual loss to the company. A trigger which is an ILW or an Industry Loss Warranty, which is based on the loss to the industry overall from a catastrophic event….watch to learn more.