BMS Group (“BMS”), the independent specialist (re)insurance broker, today announced the appointment of Gregg Holtmeier as chief strategy officer of BMS’s US reinsurance operations, reporting to Steve Korducki, US reinsurance CEO. The appointment is effective immediately. Holtmeier will join the BMS US Management Committee and will be based in San Francisco.
The appointment is the latest in a series of high-profile hires at BMS and follows the announcement of a substantial investment in the business by British Columbia Investment Management Corporation (“BCI”) and Preservation Capital Partners (“PCP”) in June.
With over 20 years’ experience in the reinsurance markets, Holtmeier joins from Guy Carpenter, where he was most recently managing director for North American casualty. He served as head of casualty for North America at JLT Re prior to the acquisition of JLT by Marsh & McLennan Companies. In the course of his distinguished career, he has held a number of senior roles, including SVP at Aon Benfield.
Korducki said: “BMS’s resolute independence and relentlessly client-centric approach has driven its success over the past years. 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.”
Holtmeier said: “BMS is uniquely positioned to differentiate itself through its culture and robust analytic platforms. I am very pleased to be joining BMS as they are clearly positioned as the independent reinsurance broker of choice.”