BMS hires CFO from JLT Re to drive next phase of strategic expansion

Specialist re/insurance broker BMS Group has appointed Nick Moss as its new chief financial officer (CFO), reporting to CEO Nick Cook.

Moss joins from JLT Re, where he served as global and UK finance director. He has previously held senior finance roles at Novae, RFIB, where he was CFO from 2013-16, and Benfield (now Aon Benfield) between 2003 and 2009, where he was group head of finance.

BMS said the appointment follows the company's expansion in the London, US and international divisions. BMS reported that in 2018 its annual revenues for the first time exceeded £100 million.

“BMS is at an exciting stage in its growth, as the leading independent (re)insurance broker in the market, with revenue and profits increasing, our headcount growing and our operations expanding into new territories," said Cook.

“Nick’s experience will be invaluable as we begin the next phase of our strategic expansion. As an entrepreneurial, independent and employee-owned business, BMS continues to attract the finest talent in the market and I am pleased to welcome him to the leadership team.”

Moss added: “BMS is a dynamic, independent and entrepreneurial business that has a robust strategic expansion plan, a clear vision and culture that is attracting many of the best brokers in the market. I am very much looking forward to working with Nick and the BMS team.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

Convex launch in anticipation of a 2020 hardening: Catlin

Reinsurance buoyant in face of unprecedented nat cat losses, finds Aon 

Munich Re unveils supervisory board changes; Wenning highlights strong 2018 performance

Willis shuffles UK & Ireland insurance consulting and technology leadership

THB nabs new binding authority director from Pen Underwriting

Join us at Intelligent Automation & AI in Insurance - 21st May: London