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17 February 2023Insurance

BMS mines Price Forbes twice to attract top marine-cargo talent

Specialist re/insurance broker  BMS has mined Price Forbes for two senior hires as it looks to build out its capabilities in the cargo market.

Andrew Hutchings and Louise Rothschild will join BMS’ cargo team in London after fulfilling their current contractual obligations. They will be responsible for building out dedicated cargo and stock throughput activities for BMS’ US intermediary client base.

An industry veteran, Hutchings has more than 30 years of experience in the cargo insurance market. His most recent role was as a divisional director in the cargo division at Price Forbes & Partners, where he worked for seven years, specialising on North American stock throughput business.

Rothschild has been in the industry for nearly two decades and has specialised in marine for more than 15 years. She joins BMS from Price Forbes & Partners, where she was most recently divisional director of cargo and stock throughput. In her previous role, she focused on sourcing and maintaining client relationships in addition to negotiating deals in Lloyd’s and the London market.

Hutchings and Rothschild will report to Mark Lawson, managing director of BMS North American direct and facultative.

Lawson said: “Andrew and Louise are highly respected and experienced industry professionals. Their combined knowledge of the cargo market will be an invaluable asset to BMS and aligns perfectly with our existing US wholesale P&C and specialty insurance teams. I look forward to welcoming them to the team.”

Ian Gormley, UK CEO of BMS, added: “With these appointments we are demonstrating our dedication to building out our London specialty capabilities, while simultaneously supporting our US retailer client base. Our reputation as being the destination for top industry talent enables us to attract exceptional individuals such as Louise and Andrew.”

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