The BMS Group is a specialist insurance
group built around teams of experts in
the fields of Wholesale, Reinsurance,
Direct Insurance and Underwriting
BMS is uniquely positioned as a private, employee-owned company with the freedom to deliver exceptional service in all areas of our business.
“Our vision is to double in size in the next four years and become the acknowledged broker of choice in the market. Our people are what make us a great company to do business with. We want to give you the best tailored solution, at the best price, using the most progressive technology available.”
Founded in 1980 as an independent specialist US treaty reinsurance broker, BMS services clients from locations in London, Bermuda, Sydney and North America.
Our underwriting business is a core component of the BMS growth strategy. Our business plan includes building a variety of risk taking entities to offer clients a wide range of underwriting vehicles. All Pioneer businesses are backed by A & A+ rated security, including Lloyd’s.
In the last 30 years the Group has grown both organically and by acquisition. BMS now comprises a balanced portfolio of business with combined revenues of US$102m, placing over US$1bn premium annually into world reinsurance markets.
BMS is a strong supporter of the Lloyd’s market. In 2009, US$636m of business was written in Lloyd’s and US$424m in the company market.
BMS is at the forefront of e-Commerce developments in the London Market. The Group worked with Lloyd’s on its iPad initiative and in January 2011 BMS made history by placing the first-ever fully electronic insurance contract via an iPad.
All the analytical capabilities that our clients require are delivered by our expert analytics team. And with claims and accounting staff integrated into the businesses BMS offers the complete package for our clients, delivered by people they can trust.
Our Reinsurance Manifesto
In the reinsurance brokerage world, standing out is no easy task.
So what is it about the BMS experience that sets us apart? More
It’s not just that we completely immerse ourselves in our clients’ businesses.
It’s not just that our seasoned brokers, analytics and operations staff come together as a single team to tailor customized reinsurance solutions.
It’s not just that we’re skilled at telling our clients’ stories in the marketplace.
These things are all essential. But what truly makes BMS different is the creativity and care we bring to every aspect of our relationship with clients.
Our size and independence keep us nimble, which keeps us efficient.
We invest in state-of-the-art risk analysis technology and practices, taking chance out of the equation.
We go beyond merely understanding our clients’ businesses, to provide deep strategic insights.
And we do it all with a genuine passion to see our clients flourish.
It’s this kind of care and entrepreneurial spirit that makes BMS the reinsurance advisor clients want to work with time and time again.
This is what it means to work with BMS. And when you experience it, you’ll know.