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18 September 2019Insurance

BMS rings changes in US reinsurance actuarial and analytics team

BMS has announced the retirement of chief actuary Dave Spiegler, as it makes changes to its US reinsurance actuarial and analytics team.

The broker said Spiegler was “retiring after a long and distinguished career” at the end of the year. He will remain with BMS in a consultative role after his retirement.

BMS added that it had promoted Kirk Conrad to the newly created role of chief analytics officer at the company to oversee its US reinsurance catastrophe analytics and actuarial divisions. He joined the group as chief strategy officer in 2016 through the firm's acquisition of Advocate Re.

The actuarial team will now report to executive vice president Kurt Johnson, who is currently based in the group’s Minneapolis office.

Steve Korducki, BMS US CEO, said: “I would also like to thank Dave Spiegler for his dedicated service. Our actuarial team has grown to what it is today under his leadership and I am pleased he will be working with us in a consulting capacity for some time to come.”

He added: “At BMS, analytical and actuarial capabilities are core to our strategy. We invest in the tools, talent and technology necessary to provide bespoke analysis and solutions that provide real value to clients, as our catastrophe analytics division did during the recent cat events. I am looking forward to continuing building out BMS’s analytics platform. "

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