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BMS launches new Lloyd’s Market Global Miscellaneous Professional Liability Lineslip

BMS Group, the independent global broker, today announces it is launching a Lloyd’s Market Global Miscellaneous Professional Liability Lineslip, the largest the London Market has seen to date. The lineslip will assist Lloyd’s brokers marketing initiatives in providing a framework to access London-based and subscription market-focused insurer capacity. The security behind the facility is 100% Lloyd’s capacity.

The lineslip targets mid and large-sized professional firms with a predominantly US-based exposure profile and offers brokers fixed pre-determined markets for specific classes of business. It offers limits up to the following:

• USA: Up to US$25mn any one claim including costs and expenses / up to US$50mn in the aggregate including costs and expenses

• UK: Up to £15mn any one claim including costs and expenses / up to £30mn in the aggregate including costs and expenses

• Rest of the World: Up to £15mn any one claim and including costs and expenses (or currency equivalent) / up to £30mn in the aggregate including costs and expenses (or currency equivalent)

The jurisdiction is worldwide and can accept up to 100% exposure in the United States.

Alasdair Ritchie, Managing Director at BMS, commented:

BMS Wholesale is dedicated to providing the best access to the Lloyd’s market for our partners globally. This new lineslip is another tool to make that access easier reiterating our position as broker of choice for our clients.”

Intelligent Insurer – Nick Cook, Opportunities in Asia Pacific

BMS Wholesale CEO, Nick Cook featured in Intelligent Insurer discussing the opportunities in the Asia Pacific market and why BMS has opened a Sydney office to offer something different to that market.

Click here to read the full article.

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:

Mike Hollenbach – Physicians Insurer – MPL Feature

BMS Specialty Casualty Team EVP, Mike Hollenbach’s feature article on the MPL market and the repercussions of the Affordable Care Act on that market appeared in the 4th Quarter of the Physicians Insurer Magazine.

Click here to read the full article.

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

Click here to read more about the BMS Specialty Casualty Offering

BMS iVision honoured at London Market Awards

Our proprietary BMS iVision™ portfolio management system was honoured at the London Market Awards on 29th November 2012. The management system was highly commended in the Technology Initiative of the Year award. The awards were coordinated by Insurance Day.

BMS iVision™ is 100% owned by BMS, built on leading edge technology and built to our clients’ specifications to manage their individual risk. It is like no other system available today.

Click here to read more.

To read more about iVision and the BMS unique Analytical Services Offering please click here.

MPL Industry Insights – PIAA

BMS’ Chief Actuary Dave Spielger featured in The Physician Insurer E-Magazine – Online Extra – 4th Quarter edition, discussing the MPL Industry.

Click here to read the article.

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

Click here to access the article online

Click here to read all about the BMS Analytical Services offering.

BMS Office Feature – A great place to work, a great place to do business!

BMS featured in the current issue of the Centennial Lakes Office Park bulletin. The article praised BMS for its excellence in business practice, brand stewardship and employee engagement, breaking the traditional insurance industry mould.

Click to read the full article.

M&A discussion – Phil Campbell – Reactions

Phil Campbell, EVP of BMS’ Property & Casualty Team featured in Reactions Magazine discussing the Pros & Cons of M&A. He said: “Acquisitions are like Oreo cookies…One or two can taste good, but having 30 is not good for you.”

Click here to access the full article (Registration may be required)

To read about our P&C team click here

Top 25 EC3 Broker

BMS ranked 8th in the Post Magazine’s Top 25 EC3 Brokers for 2012.

Click here to access the full list

Please note registration may be required.

ILWs on standby after Sandy – Stefano Nicolini – Insurance Insider

Stefano Nicolini, SVP of BMS’ Retro/ILW team featured in Insurance Insider discussing the use of ILWs in light of Hurricane Sandy.

Click here to read the full article. (Registration needed)