Twyford to exit JLT Re for BMS

JLT Re partner and North America (re)insurance broker Tom Twyford is to leave his role to take a position with rival intermediary BMS, The Insurance Insider can reveal.

Twyford worked at JLT for five and a half years. Sources told this publication that he resigned last week.

At JLT Re, Twyford placed specialist US property and casualty business into the London market.

In casualty, he focused on commercial auto, general liability, workers compensation, errors and omissions and directors’ and officers’, according to his LinkedIn profile.

His specialism in property was regional mutual companies and nationwide programme.

Twyford entered the industry in 1991 with a role at Denis Clayton.

He remained with the company throughout its acquisition by Towers Perrin in 2002, the merger with Watson Wyatt to form Towers Watson in January 2010 and the purchase of the Towers Watson reinsurance broking arm by JLT Re in 2013.

Twyford was among the high-achieving brokers identified by the market as potential targets for talent acquisition after news of Marsh & McLennan Companies’ £4.9bn ($6.4bn) purchase of JLT in September.

BMS and JLT declined to comment.