BMS Re broadcasts key appointments in US, UK

BMS Re, the specialty reinsurance division of world broking group BMS, has introduced appointments within the US and the UK to strengthen its facultative follow and drive enlargement in key markets.

Steve Housse has been appointed as managing director and facultative follow lead, whereas Dan Shea has been named senior vice chairman of property facultative. Each can be primarily based in Atlanta.

Housse has intensive expertise within the property facultative house, having beforehand led the US property follow at Man Carpenter. His function at BMS Re will concentrate on increasing the corporate’s US property and vitality providing.

Shea, previously of Lockton Re, joins BMS Re with experience within the hybrid, facultative compulsory, and industrial sectors.

Along with these appointments, James Elliott, presently a managing director at Gallagher Re, will be part of BMS Re as managing director and facultative follow lead within the UK as soon as his present contractual obligations are accomplished in March 2024. Elliott and Housse will work collectively as international leads, collaborating with the group’s enterprise leaders to develop a complete international facultative community.

“We’re thrilled to welcome Steve, Dan and James to BMS Re,” stated Ian Gormley, UK CEO of BMS Group. “Their experience and expertise are invaluable and can be instrumental in offering inventive options, higher serving our shoppers. The worldwide facultative follow initiative will revolutionize the way in which that we work with insurance coverage and reinsurance shoppers alike throughout BMS and the worldwide market. Our tradition and lack of silos proceed to draw expertise to BMS and permits us to ship modern options throughout territories and specialisms at a time when our shoppers want it most.”

“We’re delighted to be coming into this new section of development for facultative reinsurance at BMS Re,” stated Pete Chandler, CEO of BMS Re. “It’s a testomony to the nice work Wealthy Macrane, Larry Broadnax and our total facultative group have completed, and the enterprise that they’ve constructed, which permits us to draw gifted people resembling Steve, Dan and James to assist us take our providing to a different stage.

“BMS Re is an thrilling place to be proper now. We are going to proceed to construct out our facultative experience throughout the US, UK, Bermuda and LatAm, and increase into different geographies,” Chandler stated. “Our P&C facultative follow is evolving to work throughout territories delivering precisely what shoppers must navigate the present market.”

In Could, BMS Re introduced the appointment of Andrew Wheeler as president.

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