BMS Intermediaries

Broker Replacement Services

Since 1995 BMS has been offering broker replacement services to clients who find that the original broker is not performing and as a consequence they face financial penalties associated with late collected reinsurance. The job of the professional claims broker is one that BMS takes very seriously. Since its foundation in 1980 the BMS group has emphasised the importance of the claims process both in terms of the service to clients and the career path for talented individuals in the BMS group who specialise in claims. BMS has been able to take over the claims handling of existing accounts from London brokers who have failed to perform.

BMS can:
1. Take over existing ledgers of unpaid claims.
2. Conduct detailed file audits to see what needs to be done.
3. Work to agreed standards to ensure key performance targets are met.
4. Ensure that claims against schemes of arrangement are lodged in a timely fashion.
5. Speed up the payment of claims.
6. Bring considerable claims expertise to the table.

Using BMS will:
1. Demonstrate to reinsurers/ insurers that you are serious about having your claims presented in a professional way.
2. Pay all money collected as soon as we get it.
3. Communicate market intelligence to you.
4. Be a powerful advocate for you.

Why use BMS?
1. We pride ourselves on being the best run claims team in London.
2. We work on both prestigious large accounts and small accounts.
3. You are buying in to a company that has a proven track record in broker run off.
4. Run off is not all we do! We understand the commercial realities and pressures of life.