BMS expanding operations in New Zealand
16 May 2022
UK-based mostly insurance coverage and reinsurance dealer BMS Group says it has began operations in New Zealand with the institution of BMS Risk Solutions (BMSRS).
The enterprise has began with workplaces in Christchurch and Dunedin, expects to open in Auckland subsequent 12 months and says its workforce is ready to “expand significantly” by the tip of this 12 months.
BMSRS is described as an impartial New Zealand owned and operated extension of BMS Group. It has been established by skilled trade leaders Storm McVay, Paul Meehan and David Gibbons.
The UK firm says the connection between BMSRS executives and BMS Group dates again to 2008, and BMS Group gives wholesale broking providers to quite a few New Zealand company and institutional purchasers with necessities for tailor-made threat financing options, together with London market placements.
“BMS has had a close working relationship with them and their clients for many years so this is a natural progression as we look to broaden our global footprint,” BMS Group CEO Nick Cook stated.
People to have joined the workforce additionally embrace Wayne Henderson from Aon, Brett Gerrard (Gallagher), Sue Hale (Black Peak Risk), Josh Thomson (Willis Towers Watson) and Dominic Sheehan (Marsh).
“The collaboration from our Australian and UK colleagues has been exceptional and lays a solid platform for future success,” Ms McVay stated. “Since commencing operations we have been humbled by the support of clients, and insurers who have backed our vision and desire to establish a viable alternative to the traditional market players.”
BMS expanding operations in New Zealand – Corporate – Insurance News & More Latest News Update
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