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23 May 2022Insurance

BMS draws ‘outstanding talent’ from WTW to help expand in ‘crucial’ market

Specialist re/insurance broker  BMS has hired a top executive from Willis Towers Watson Asia to help expand into additional specialisms, potentially extending expertise to reinsurance, renewable energy, marine, financial lines and capital markets.

Ted Hodgkinson (pictured) is set to join  BMS in late November as the new executive chairman for Asia, where he will play a leading part in strengthening  BMS’ geographic reach within Asia through a “collaborative and client-centred approach” across products and specialisms.

Hodgkinson will join  BMS from WTW where he spent more than four years, most recently as head of Hong Kong and Macau, as well as head of Corporate Risk and Broking. In his position, he built upon 30 years of Asia Pacific experience in a diverse range of roles and functions including client management, business restructuring and M&A.

Hodgkinson began his career in 1992 at Hogg Robinson, based in London, before moving to Bain Hogg in Sydney, and subsequently to Aon. Throughout his tenure at Aon, he held a range of senior roles, including executive vice-president and chief broking officer. In 2012, he moved to Swiss Re, where he was head of Corporate Solutions, Asia Pacific.

Sandra Lee,  BMS Asia chief executive officer said: “With a first class understanding of markets across the region, Ted’s appointment is highly important to  BMS as we continue to expand our products and geographic reach. Ted will help  BMS in Asia expand into additional specialisms, potentially extending our expertise to reinsurance, renewable energy, marine, financial lines and capital markets. Ted will bring with him a wealth of knowledge which will be essential for  BMS to grow at pace, and I’m delighted he will be joining us.”

Nick Cook,  BMS Group chief executive officer added: “Asia is a crucial market and we continue to look to invest in the region through organic growth and acquisitions. Our expansion plans are always driven by outstanding talent and so we are very pleased to have Ted on board to work with Sandra and help her lead the continued build out of  BMS in Asia.”

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