BMS
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The executive will work out a long notice period at his current employer before joining the independent broker next year. -
The executive will sit on the executive committee and work on cultivating new client relationships.
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Insurance Insider has gathered data on geographical areas prone to cat events, which are outside of southeastern US states, that keep weather experts awake at night.
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The acquisition is led by former Capsicum and Guy Carpenter fac broker Márcio Ribeiro.
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The state of Texas in particular has experienced an unusual amount of severe weather.
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This will be the sixth Australian acquisition by BMS in the past year.
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The broker will also work to support traditional reinsurance and retro activities.
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The Big Three reinsurance brokers face a number of factors that could challenge their supremacy.
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The broker’s UK CEO said the current rating environment is ‘eminently supportable’ for London carriers.
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Juan Carlos Gomez will report to CEO of BMS International Nick Gillett.
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The deal is the expansive broker’s first MGA acquisition in the country.
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