BMS launches new energy operation with trio hire

Specialist re/insurance broker BMS Group has formed a new energy division hiring three senior energy brokers from Price Forbes and Miller.

James Chicken and Charlie Bowring join as managing director and chairman of the new division respectively, with Sebastian Graham as director.

Chicken joins from Price Forbes where, as a director, he has spent the last 15 years specialising in power & utilities. As leader of Price Forbes’ downstream energy, power and renewables practice, he developed and managed a global wholesale account heavily focussed on the US. In recent years, Chicken expanded the geographic footprint of the account beyond the US to EMEA and Asia Pacific markets.

Bowring has been in the insurance markets for over 40 years and has specialised in the downstream energy and power markets. He began his career as a broker with CT Bowring Reinsurance Brokers, worked in London and New York with Marsh McLennan, was a founder member of Agnew, Higgins & Pickering and has, since 2010, been a director of Price Forbes.

Graham joins from Miller Insurance Services where he specialised in power & utilities, renewable energy, midstream and downstream energy.

The new division will report to Ian Gormley, board director of BMS Group.

“BMS has an established presence in the energy reinsurance market and we have had ambitions to make the logical step towards the direct energy markets for some time, but were determined to do so only with the right people," said Gormley.

"BMS’s reputation for independence has been a key factor in our ability to attract three of the market’s most respected professionals to our team. I look forward to welcoming them and working together as we build this new division, which will be heavily focussed on US and international growth.”

Nick Cook, chief executive officer of BMS Group, added: “The development of a new energy division led by some of the market’s leading practitioners is a strategic investment for BMS as we continue to achieve significant growth in our core markets in the US and internationally. We fully expect the division to expand in the relatively near term as we invest further to bring additional expertise on board for the benefit of our growing client base.”

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