BMS Re picks new president to take business to greater heights

BMS Re, the specialty reinsurance arm of the global broking group BMS, has tapped a “spectacular broker” with expertise in P&C/treaty to help grow the business to new heights as its new president.

Andrew Wheeler (pictured) has been promoted to president. He will report to Pete Chandler, CEO of BMS Re.

A veteran of BMS, Wheeler assumes the role with more than 20 years of experience within the organisation. Wheeler’s expertise covers casualty, P&C, treaty, and refinance across both the London and US markets.

BMS said the appointment is a part of its ambitious strategy to further grow and scale its reinsurance division. BMS Re operates through offices across the US, London, Bermuda, Latin America and Asia, with more than 300 employees across the globe.

BMS secured an additional investment at the beginning of the year to ensure that it has the financial firepower to expand at an accelerated pace and continue to attract talent. BMS Re specialises in bespoke solutions covering XOL, primary, catastrophe, programmes, and capital advisory services.

Chandler said: “Andrew has had an incredible career within BMS. From the day I walked through the doors, he has distinguished himself as an absolute class act, a spectacular broker, a magnificent leader, and an even better friend. To have someone who knows BMS’ strengths inside and out is exactly what BMS Re needs to continue growing/evolving our business. I am delighted to stand shoulder to shoulder with him.”

Wheeler added: “BMS has been my home for most of my career, which is a testament to the excellent culture we have built. This not only benefits its employees, but also extends to the service we provide to our clients. I’m delighted by the opportunity to keep building on BMS Re’s strong foundations and help it grow to new heights.”

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