BMS
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The deal is the expansive broker’s first MGA acquisition in the country. -
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GC’s Steve Housse and AJG’s James Elliott have resigned to join the challenger reinsurance broker.
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Leather, who is set to join in summer, will report to group finance officer Nick Moss.
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The broker said competitive conditions made it an “optimal time” for insurance buyers.
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High tornado activity at the end of the quarter is expected to add to the claims toll.
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Monica Tigleanu will be succeeded by Simone Hardy, who has been appointed senior underwriter, joining from The Channel Syndicate.
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Mario Binetti will be responsible for leading Conduit’s global casualty underwriting team.
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Ex-Miller broker Andrew Vertigan will also join BMS’ energy team as it looks to strengthen its service offering.
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The appointment comes soon after the broker hired Louise Rothschild from Price Forbes.
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In her new position, the executive will oversee the South American region, excluding Brazil.
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