20 December 2022Insurance

Former Canopius CUO and Guy Carpenter MD resurfaces at BMS Group

Specialist re/insurance broker  BMS has brought in a 40-year industry veteran and former Canopius Group chief underwriter as a strategic adviser to its UK specialty business.

Mike Duffy will assume his new role at the beginning of January. He is appointed by Ian Gormley, UK CEO of BMS.

Duffy has held numerous leadership positions across a range of broking and insurance companies. Most recently, he was group chief underwriting officer of Canopius, having joined the company in 2006 as group head of property underwriting. He has also worked as an underwriter for Ace Global Markets in London and as managing director at Guy Carpenter in New York.

Gormley said: “Mike has had an incredible career as a broker, underwriter and leader. To have someone of his calibre and experience guide us in these challenging market conditions will be extremely valuable for our clients. On a personal basis, Mike is someone I have traded with for 20 years and to have the opportunity to work in the same business as him is extremely exciting. He will be an excellent cultural fit for BMS.”

Duffy added: “BMS is a fast growing, independent broker with an exciting growth trajectory. I have worked closely with the team for many years and have always been impressed by their expertise, technological capabilities and the strong cohesive culture they have built. I look forward to assisting BMS in realising its strategic vision.”

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