BMS appoints new Non-Executive Director

Independent specialist broker BMS Group announced that it has hired a new non-executive director.

James Morley was appointed in January 2011, subject to FSA approval, as non-executive director of BMS Associates Ltd and BMS Group Ltd.

He is a Chartered Accountant with an executive background spanning 30 years as Group Finance Director within a number of listed public companies, including various insurance companies. Over the last few years his business experience has been focused on Non Executive Director & Chairman of the Audit Committee positions within a number of PLCs.

CEO BMS Group, Carl Beardmore said: “I am delighted to welcome James to BMS. We have been searching for an additional non-executive director with specific financial experience to guide and challenge us. James fits the bill perfectly and I look forward to working with him.”

James said: “BMS is experiencing an exciting period of development and expansion, which I felt would be interesting to be a part of and to help guide the future success of the Group.”

iPad makes history in Lloyd’s

iPad takes its place in the London insurance market via BMS.

Visit the Insurance Times website for the full article

BMS champions first-ever fully electronic placement via iPad at Lloyd’s market

Steve Knight, BMS Direct & Facultative Director and Adrian Hicks, Broker, walked into Lloyd’s, met with Catlin Syndicate’s Michael Davern at their box and within minutes had created, refined and placed a contract using the RI3K platform on his iPad – face to face broking in the simplest and most efficient form possible.

BMS has been working with Lloyd’s on its iPad initiative, alongside RI3K – the paperless trading service for the insurance and reinsurance industry – to integrate the implementation of the new technology within the London market.  BMS are leading the way with their use of RI3K, the iPad and the London Exchange to establish the ideal electronic trading platform for the London market.

Steve Knight said: “At BMS, we realised that the introduction of the iPad would allow us to maintain the hugely important tradition of face to face contact in the London market. There was a concern that this would be lost with increased use of electronic placing. Now we have the initiative and tools which mean we can retain the contact whilst making the whole process exponentially more efficient.

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First-ever fully electronic placement via iPad at Lloyd’s market

The placement of the first electronic, fully-placed contract via iPad as well as the Message Exchange took place today marking another step forward in the fast-paced technological advancements in the London Market.

Steve Knight, BMS Direct & Facultative Director walked into Lloyd’s today, 17th January, met with Catlin Syndicate’s Michael Davern at their box and within minutes had refined and placed a contract using the RI3K platform on his iPad – face to face broking in the simplest and most efficient form possible.

Leading independent broker BMS has been working with Lloyd’s on its iPad initiative, alongside the Qatarlyst owned RI3K, to integrate the implementation of the new technology within the London market. BMS are using RI3K, the iPad and the Exchange to establish the ideal electronic trading platform for the London market.

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BMS & Catlin Secure first iPad deal

The placement of the first fully-electronic, contract via iPad took place today between Reinsurance broker BMS and Catlin underwriting.

Visit the Insurance Day website for the full article

BMS hires US reinsurance operations officer

Insurance broker BMS has appointed Kristine Westall as senior vice-president, reinsurance operations officer of its US platform.

Visit the Reactions website for the full article

BMS moves US hub to Minneapolis and appoints new head

BMS has decided to move its US back-office hub from Dallas to Minneapolis and appointed a new reinsurance operations officer (Kristine Westall) at its US platform.

Visit the Insurance Day website for the full article

BMS appoints new Reinsurance Operations Officer and relocation of its US hub

BMS announced today that it has appointed Kristine Westall as Senior Vice President, Reinsurance Operations Officer of its US platform. Formerly, Kristine spent over 20 years working for Benfield in their Minneapolis office as SVP, Reinsurance Accounting and Claims. Recently she has worked for John B. Collins Associates, Inc as SVP of Brokerage Operations responsible for providing accounting, claims, IT, contracts, compliance and office services..

The specialist insurance broker confirmed that after a lengthy review of its US office locations it has decided to transfer its US back-office hub, currently based in Dallas, to Minneapolis to be closer to client base and a larger potential talent pool. The Dallas office will in turn become a sales and production hub. Kristine’s role will incorporate the development and implementation of the BMS strategy in the US, while building a team in the new Minneapolis hub to take the platform to the next level.

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