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BMS Group bolsters marine operations

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BMS Group bolsters marine operations

Unbiased specialist reinsurance dealer BMS Group has introduced the appointments of Nick Hocking, Tony Cuthbertson and Josh Robertson as administrators of its marine subsidiary, BMS Harris & Dixon Marine (BMS H&D Marine), efficient from February 2021. The brand new hires will report back to John Hoare, managing director of BMS H&D Marine, and shall be primarily based in London.

The appointments will bolster BMS’s build-out of its US marine wholesale functionality. The workforce will concentrate on growing merchandise for various marine specialty areas together with hull and equipment, P&I, charterers’ legal responsibility and different specialist covers.

Hocking rejoins the corporate after spending greater than 11 years at Value Forbes & Companions. He most just lately served as an government director in Value Forbes’ marine division. Previous to Value Forbes, he served as a marine hull dealer at BMS. Hocking has additionally served as an underwriting assistant at Brit Insurance coverage.

Learn extra: BMS appoints two for US reinsurance arm

Cuthbertson has greater than 29 years of business expertise. Since 2013, he has been an government director at Value Forbes & Companions. He has additionally served as a director at Newman Martin and Buchanan and a dealer at SBJ Regis Low Insurance coverage.

Robertson has greater than 10 years of broking expertise, with a specialty in US marine legal responsibility, P&I and hull and equipment dangers. He has held a number of roles at Value Forbes & Companions since 2011, most just lately as an government director.

“Our workforce of excellent marine danger retail specialists has been growing tailor-made options for shoppers for many years, benefiting from BMS’s entry to each Lloyd’s and the worldwide markets,” mentioned Ian Gormley, managing director of the BMS World Dangers division. “The marine wholesale insurance coverage state of affairs is evolving quickly. We’ve recognized thrilling alternatives because of the hardening market situations, the place we imagine our reinsurance experience will come into play. The enlargement of the longstanding BMS H&D Marine model dovetails completely with a core group strategic concentrate on our US intermediaries shopper base.”

“Nick, Tony and Josh have helpful experience in wholesale marine insurance coverage that may complement our rising workforce,” Hoare mentioned. “Their expertise within the US market particularly will assist ship efficient and complete recommendation to our rising shopper checklist. I’m subsequently wanting ahead to working with them in increasing our US portfolio and the H&D Marine workforce as a complete and want to welcome them to the enterprise.”

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