BMS Group, the leading independent global broker, today announced the opening of its Sydney office. This marks another significant strategic goal for the group, with its first office in the Asia-Pacific region.
The office will be led by respected Australia-based facultative broker, Glenn Kerr. Kerr, formerly of Aon Benfield, joins the BMS Wholesale team led by Chief Executive Nick Cook. He is tasked with leading the continued growth of BMS’ wholesale and facultative business in the Asia-Pacific region.
Chief Executive Nick Cook said:
The opening of our Sydney office demonstrates BMS’ commitment to expanding the global wholesale division and further enhances our product offering to our clients. Strategically Asia Pacific is fundamental to our growth plan and under Glenn’s leadership we look forward to building our platform in the region.”
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 Insurance – Broker BMS Group opens New York office
Global Reinsurance – BMS opens New York office
Reactions: BMS New York Office plans
Insurance insider – BMS 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 Online – BMS opens in New York
Insurance Journal – U.K.-based Broker BMS Group Opens New York Office
Video: Carl Beardmore discusses the opening of the New York office – which is key for BMS and its continued expansion of the US platform.
Independent global broker BMS Group today announces that it is continuing to invest in its analytics business with the appointment of two industry experts:
Julie will join BMS this week to lead the Catastrophe Modelling department. She joins from Willis Re where she built up the company’s catastrophe risk modelling and advisory services business becoming the Executive Vice President in their Property Resource Division.
Independent global broker BMS today announced that Steve Ferns has agreed to join its Wholesale division as Head of Claims. His responsibilities will include helping BMS to build its client offering with a best-in-class back office platform. His property and construction claims handling experience encompasses North America, Latin America/Caribbean, Africa and Asia Pacific.
Steve Ferns commented: “BMS’ appeal was its independence – which offers an opportunity for innovation without red tape. Joining an organisation that has a clear vision of what it wants to achieve and a commitment to making claims servicing the best in the business is a platform that I look forward to contributing to.”
Nick Cook, CEO Wholesale, added: “We want to offer our clients seamless service and I am delighted that someone of Steve’s calibre, breadth of knowledge and reputation has agreed to become part of our expanding team of experts.”
Prior to joining BMS, Ferns was Property Claims Director at Lockton LLP for over ten years and before that was a Wholesale Claims Manager with PWS Holdings. He will join BMS in September once his contractual obligations have been met and will be based in the London office.
Independent global broker BMS today announced that Philip Campbell has agreed to join its US based operations as Executive Vice President and member of its US Strategy Board. His responsibilities will include helping BMS to drive the build out of its US reinsurance platform and to develop and deliver customized reinsurance and risk management solutions for Property, Casualty and Speciality insurers.
Philip Campbell commented:
“BMS is uniquely positioned to attract exceptionally talented broking, cat modelling, actuarial and other analytic staff who yearn for an entrepreneurial work environment. I’m excited to be joining my fellow US and UK colleagues.
Together we will build a world-class operating model, develop best in class systems and capabilities and create a culture that will attract the best talent in the industry. We will listen to our clients and prospects, create custom solutions to their needs and challenges and deliver and execute on these solutions with an intense commitment to excellence”.
Carl Beardmore, CEO, added:
“I am delighted that Phil is joining us. His more than 25 years experience designing, placing and executing reinsurance and risk management strategies for some of the most prestigious and successful insurance companies in the US, is exactly the kind of executive talent we are looking to recruit. This marks another important step in the development and extension of our US operations. We are very encouraged about the future of our US initiatives.”
Prior to joining BMS, Campbell was a Managing Director of Guy Carpenter and before that was an Executive Vice President with Aon Benfield and its predecessors for over 25 years, holding a number of key broking and leadership positions. He will be based in the BMS Minneapolis office.
Expansive broker BMS has lured Philip Campbell from Guy Carpenter to build out its US reinsurance platform.
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