Independent reinsurance broker BMS Group has appointed Pete Chandler as its president of US reinsurance operations, effective 27 May.
Chandler joins from JLT Re, where he served as deputy CEO of the group’s US reinsurance broking arm.
He has more than 20 years of experience in US reinsurance, having also held roles at Marsh, Guy Carpenter, and Benfield.
Chandler will report to Steve Korducki, US reinsurance CEO, and will join the BMS US board subject to regulatory approval.
The appointment is part of a series of hires by BMS following substantial global growth.
Nick Cook, CEO of BMS Group, described Chandler as “one of the most experienced reinsurance brokers in the market” and said he would be a “huge asset to the US team”.
Cook added: “I am pleased to announce his appointment today and look forward to working with him and Steve Korducki to grow our US reinsurance arm.”
“BMS’s independence and resolute commitment to the US reinsurance market continues to attract some of the industry’s leading talent.”
Chandler commented: “There is a huge opportunity in the US for an independent broker of BMS’s ambition, analytical and actuarial capability and entrepreneurial culture.”
“The investment BMS has made in talent, innovation and analytics has made it the most significant independent broker in the market and I’m delighted to join such a formidable team.”