Independent London market (re)insurance broker BMS announced today that it has appointed Nick Cook, former Chief Executive of Glencairn, to the new position of CEO of its London market wholesale business. Cook will also become an executive director and – subject to FSA approval – will join the board of BMS Group Ltd.
Carl Beardmore, CEO of BMS Associates Ltd, the group holding company, commented: “Our strategy is to achieve some ambitious targets in the next few years, both through organic growth and acquisitions that will increase the breadth and depth of our production capabilities.
“We are delighted that someone of Nick’s calibre will be joining us to help us realise these goals. Nick’s appointment will further strengthen the group’s London based operations and broaden our offering to our clients. His track record in business development and experience of the London, US and International markets make him a tremendous fit with BMS.”
Nick Cook said: “This is a very exciting time to be joining BMS and become part of a growing and independent group. In a world of increasing consolidation, we share our primary goal of restoring choice and delivering a consistently high level of service to our clients and our markets.”