BMS appoints Pete Chandler as President of US reinsurance
BMS Group (“BMS”), the independent specialist (re)insurance broker, today announces the appointment of Pete Chandler as President of BMS’s US reinsurance operations, reporting to Steve Korducki, US reinsurance CEO. The appointment is effective 27th May and Chandler will join the BMS US Board subject to regulatory approval.
This is the latest in a series of recent high-profile hires by BMS, following the achievement of the £100mn annual revenue landmark and substantial global growth.
Chandler joins from JLT Re, where he was Deputy CEO of the US reinsurance broking arm of the Group. He joined JLT Re in 2016 prior to which he was Marsh’s Managing Director for the Western Region. Previously North American COO for Guy Carpenter and an Executive Vice President at Benfield, Chandler has been at the highest levels of US reinsurance broking for two decades.
Nick Cook, CEO of BMS Group, said: “BMS’s independence and resolute commitment to the US reinsurance market continues to attract some of the industry’s leading talent. There is great opportunity for growth in our US operations as clients increasingly look for independence married to technical and analytical scale and expertise.
“Pete is one of the most experienced reinsurance brokers in the market and will be a huge asset to the BMS US team. I am pleased to announce his appointment today and look forward to working with him and Steve Korducki to grow our US reinsurance arm.”
Chandler added: “There is a huge opportunity in the US for an independent broker of BMS’s ambition, analytical and actuarial capability and entrepreneurial culture. The investment BMS has made in talent, innovation and analytics has made it the most significant independent broker in the market and I’m delighted to join such a formidable team.”
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For further information please contact:
Haggie Partners
Peter Rigby
Tel: + 44 20 7562 4444
Jakub Stawiski
Tel: + 44 20 7562 4444
Becky Young
Tel: + 44 20 7562 4444
About BMS Group
BMS Group, the UK headquartered broking arm of Minova Insurance, is a leading independent specialist insurance broker with teams of experts in the fields of reinsurance, wholesale and direct insurance. For 38 years, BMS has provided comprehensive, customised solutions in the fields of wholesale, reinsurance and direct insurance, and capital advisory. Today, this experience and expertise, served with a spirit of creativity, allows BMS to offer a full range of integrated services. Designing individual, tailored solutions makes BMS the risk and capital management advisor clients want to work with time and again.
For more information about BMS please visit www.bmsgroup.com