BMS appoints chief strategy officer for US reinsurance

Specialist reinsurance broker BMS Group has announced the appointment of Gregg Holtmeier as chief strategy officer of its US reinsurance operations. Holtmeier will join the BMS US Management Committee and will be based in San Francisco. He will report to Steve Korducki, US reinsurance CEO.

The appointment is the latest in a series of high-profile hires at the company. BMS also recently announced an investment in the company by British Columbia Investment Management Corporation (BCI) and Preservation Capital Partners (PCP).

Holtmeier has more than 20 years of experience in the reinsurance industry. Prior to joining BMS, he served at Guy Carpenter, most recently as managing director of North American casualty. He also served as head of casualty for North America at JLT Re prior to JLT’s acquisition by Marsh & McLennan Companies and was a senior vice president at Aon Benfield, among other senior industry roles.

“BMS’s resolute independence and relentlessly client-centric approach has driven its success over the past years,” Korducki said. “With the long-term investment from BCI and PCP, we are well-placed to continue as the leading independent broker with global reach in the market and to attract the very finest talent. Entrepreneurial, experienced individuals like Gregg will contribute to our strategic expansion in North America, and I am excited to welcome him to BMS.”

“BMS is uniquely positioned to differentiate itself through its culture and robust analytic platforms,” Holtmeier said. “I am very pleased to be joining BMS as they are clearly positioned as the independent reinsurance broker of choice.”