BMS Group launches Specialty Reinsurance Division with appointment of Andrew Hitchings as Managing Director
By: Newsroom - December 5th, 2014
BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the launch of its Specialty reinsurance division with the appointment of Andrew Hitchings as Managing Director.
Andrew Hitchings joins as Managing Director of BMS’ Specialty reinsurance division with immediate effect, reporting to Nick Cook, CEO.
The new division will initially focus on the addition of new product lines to BMS’ existing Property and Casualty offering, in both reinsurance and retrocession.
Andrew, who joins BMS from Cooper Gay & Co Ltd (“Cooper Gay”), is an accomplished broker with extensive Specialty reinsurance experience. Joining Cooper Gay in 2003 he became Managing Director of the company’s Reinsurance Division in 2007, later assuming responsibility for all classes of reinsurance worldwide as CEO. In this role, Andrew assisted in the creation and development of a global treaty portfolio.
Nick Cook, BMS Group CEO, said: “We see enormous potential in our Specialty reinsurance business. The continued consolidation in the reinsurance market presents BMS with a unique opportunity of offering our clients an independent choice. Andrew will bring with him expertise and leadership in the Specialty reinsurance space. London is still the centre of excellence for Specialty reinsurance and Andrew’s appointment confirms our commitment to this growing sector.”
Andrew Hitchings added: “I am delighted to be joining BMS, whose prominence as an independent and innovative broker provides the perfect platform to create and grow a market leading Specialty reinsurance division.”
Andrew is a member of the London & International Insurance Brokers’ Association Reinsurance Committee.