5 November 2019Insurance

BMS appoints Jeff Irvan as chief property officer for US reinsurance

Independent specialist re/insurance broker BMS Group has appointed Jeff Irvan as chief property officer, US reinsurance, reporting to BMS US reinsurance president Pete Chandler. The appointment is effective immediately.

Irvan is the latest in a series of senior hires in BMS’s US reinsurance division, which include US reinsurance president Pete Chandler and chief strategy officer Gregg Holtmeier, as the company continues its expansion drive.

Irvan joins BMS with more than 20 years’ experience in property reinsurance broking, having first started his career in 1997 at Sedgwick Re. In 1998, he moved to Willis Re, where he has held a number of leadership roles over the course of the past twenty years and has focussed on property E&S. Most recently, he led Willis Re’s Atlanta office.

Korducki said: “With the recent completion of a significant long-term investment in BMS by BCI and PCP, we are well placed to take advantage of the current market to significantly expand our reinsurance practice. Combined with our market-leading analytics capabilities, the growing talent within our team means we our poised to become the leading independent reinsurance broker in North America. I would therefore like to welcome Jeff to BMS.”

Irvan added: “BMS’s culture of client service and analytical excellence distinguishes it from the rest of the market and I am excited to be part of the next phase of the company’s expansion.”

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9 October 2019   BMS Group has secured a long-term equity investment, which values the specialist re/insurance broker at £500 million, from British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP).
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