BMS
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Broker makes several key hires after Canadian pension fund and private equity deal.
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The appointment of Jeff Irvan reflects a reinsurance expansion push at the broker following investment from BCI and PCP.
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MGA Pioneer asserts its independence as its former sister company closes its buy-in transaction.
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The company set up its innovation lab last year in a bid to bring new technology to the broking landscape.
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Priority Underwriting ceased writing new business in 2019 after a capacity retraction.
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The Insurance Insider lays bare the dynamics in the $4.5bn market in the wake of the MMC-JLT deal. -
Executive is latest in string of senior ex-JLT brokers to join BMS.
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The MGA's chairman Dane Douetil is likely to retire if the Canaccord Genuity-led auction results in a sale.
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Pension fund and PE buy-in demonstrates insatiable appetite of private money for broking assets.
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The broker plans to “invest heavily” in its reinsurance operations following its buy-in from a Canadian pension fund and private equity house Preservation Capital.
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