partner login

BMS News

Analytics Feature – Asset classes & the MPL insurer

Mike Larson, BMS EVP and Head of Actuarial Services featured the Physician Insurer Magazine discussing the role of various asset classes in the portfolio of an MPL insurer.

Click here to read the full article

Reprinted from the first Quarter 2012 issue of Physician Insurer Magazine, Physician Insurers Association of America. Copyright, 2012.

ILW buyers becoming sellers

Stefano Nicolini, SVP,  featured in a news piece in Intelligent Insurer Magazine commenting on how reinsurers who previously bought Industry Loss Warranties (ILWs) appear to now be turning into sellers as a response to the current market.

To read the Full article please click here

Press Coverage – New York Office

News of the BMS Manhattan office opening was widely covered in the press – acknowledging its significance in the continued growth of the BMS offering in the US.

Here is a selection of stories covering the opening:

Business InsuranceBroker BMS Group opens New York office

Global ReinsuranceBMS opens New York office

Reactions: BMS New York Office plans

Insurance insiderBMS targets US growth with New York office and CEO relocation

Insurance day BMS CEO’s New York move signals strategic focus on US growth

Post OnlineBMS opens in New York

Insurance JournalU.K.-based Broker BMS Group Opens New York Office

 

 

Chris Ritchie, Risk Solutions, Profiled in Insurance Day

Chris Ritchie, Director BMS Wholesale – Risk Solutions, featured in a profile piece in Insurance Day on 20th January. The profile covered his career in insurance, his love of rugby, future plans at BMS, industry heroes and on a lighter note, his favourite food and holiday destination.

To read the full article please click here

For more about the BMS Risk Solutions team – please click here

 

This article is copyright Informa and is reproduced with permission. Reproduction, retrieval, copying or transmission of this article is not permitted without the publisher’s prior consent. Informa does not guarantee the accuracy of the information contained in this article nor does it accept responsibility for errors or omissions or their consequences.

This article appeared in Insurance Day on January 20, 2012. For more information visit: www.insuranceday.com

Analytical Feature: Physician Insurer

Dave Spiegler, EVP & Chief Actuary and Mike Larson, EVP, featured in the Foresight feature in the Physician Insurer –  debating the interplay between the financial markets, medical professional liability (MPL) insurance companies’ rates and reserves and how MLP companies should be preparing for the next stage of the insurance cycle.

Click here to view the PDF of the full article

Reprinted from the fourth Quarter 2011 issue of Physician Insurer Magazine, Physician Insurers Association of America. Copyright, 2011.

A new hire for BMS highlights it commitment to achieving its vision

Insider Fac Magazine reviewed BMS’ expansion plans, prompted by the appointment of Steve Galleger as EVP. Formerly of Aon Benfield, Galleger’s responsibilities will include building BMS’ US reinsurance platform and developing customised reinsurance and risk management solutions for property, casualty and specialty insurers. Steve will start at BMS in December and will be based in the BMS US hub office in Minneapolis.

CEO Carl Beardmore is quoted saying: “This marks another important step in the development and extension of our US operations and is further evidence of our ability to attract key producers to join BMS.”

The article reviews how BMS continues to demonstrate its commitment to building its US platform and service offering to clients, with a number of new hires over the last few months, including two new senior hires joining the Analytics Team; Julie Serakos and Mike Larson.

For the full article please click here to go to the Insider Fac website

BMS continues to bolster Minneapolis office

BMS’ newest hire featured in Insurance Insider today.

Steve Galleger, EVP, joins BMS to help drive the build out of its US reinsurance platform and to develop and deliver customised reinsurance and risk management solutions for Property, Casualty and Speciality insurers. He will be based in the Minneapolis office.

The article also highlights the expansion of the BMS Analytics team with recent recruited Julie Serakos as executive vice president of catastrophe modelling and Mike Larson as executive vice president and actuary for BMS Intermediaries.

For the full article go The Insurance Insider website

PCI – RMS model debate

John Faustman, EVP BMS Reinsurance Property & Casualty Team, contributed to the Business Insurance Magazine debate regarding, one of the hottest topics of the PCI conference, the potential impact of the revised RMS model.

John highlighted the need for clients to be offered a variety of analytical options and models. He said: “they need to look at exposure aggregations, not just modeled possibilities.”

To read the full article please go to the Business Insurance Website

Negotiating the re/insurance minefields

EVP BMS Property & Casualty Team, Phil Campbell, featured in Day 1 of The Review PCI Show Daily discussing how the future for the market is one potentially filled with ‘multiple minefields’. He reflected on how re/insurers will have to focus on being increasingly efficient if they are to weather the challenges of the current economic crisis.

Please click here for the full article on page 2.

PCI – Boom time in the ILW market

Stefano Nicolini, SVP BMS Retro, featured in the Reactions PCI Reporter discussing the industry loss warranty (ILW) business and the 1/1 renewals.

Stefano reported that the need for extra retrocessional cover has had a huge impact on the demand for ILW and overall will push up retro prices at January 2012. This alongside fears of the potential impact on pricing of the new RMS 11 catastrophe model and the Japanese earthquake has seen the popularity for buying ILW increase exponentially.

Click here for the full article on Page 5.