About Us - The BMS Group is a specialist insurance group built around teams of experts in the fields of Wholesale, Reinsurance, Direct Insurance and two MGA subsidiary businesses.
BMS is uniquely positioned as a private, employee-owned company with the freedom to deliver exceptional service in all areas of our business.
“Our vision is to double in size in the next four years and become the alternative broker to the big three. Our people are what make us a great company to do business with. We want to give you the best tailored solution, at the best price, using the most progressive technology available.”
Founded in 1980 as an independent specialist US treaty reinsurance broker, BMS services clients from locations in London, Bermuda and North America.
Our MGA subsidiaries are a core component of the BMS growth strategy. They comprise: Pioneer Underwriting, which was launched in April 2011 in partnership with Liberty Syndicates to underwrite a diverse portfolio of business, and JH Intermediaries Ltd (JHI) in the UK and JH Insurance Services (JHIS) in the US – both of which provide market-leading MGA and broking solutions.
In the last 30 years the Group has grown both organically and by acquisition. BMS now comprises a balanced portfolio of business with combined revenues of US$83m, placing over US$1 billion premium annually into world reinsurance markets.
BMS is a strong supporter of the Lloyd’s market. In 2009, US$636m of business was written in Lloyd’s and US$424m in the company market.
BMS is at the forefront of e-Commerce developments in the London Market. The Group has been working with Lloyd’s on its iPad initiative and in January 2011 BMS made history by placing the first-ever fully electronic insurance contract via an iPad.
All the analytical capabilities that our clients require are delivered by our expert analytics team. And with claims and accounting staff integrated into the businesses BMS offers the complete package for our clients, delivered by people they can trust.
Learn more about the benefits of our integrated people-approach to claims.
Financials
2010 saw BMS break through the £50m ($83m) revenue mark. Income was up 7% on 2009, with underlying EBITA up 28%.
Analytical Services
Integral to all our businesses are our analytical capabilities. We offer the full range of actuarial and modeling services that a client would expect.
Lloyd's Community Program
Having been established for over 30 years, BMS is very much part of the London Market community. We get a great deal from that community and are always looking for ways to give something back.