BMS Re, the independent reinsurance broker, has announced the launch of its Bermuda operations, which represents the latest step in its global expansion.
Adam Mullen will be appointed executive director and will be the “driving force” responsible for building out BMS Re’s Bermuda operations.
Most recently a reinsurance consultant at Attestor Capital, Mullen has held a number of senior roles including CEO at Alterra Global Reinsurance.
Having established a major hub in the US under Pete Chandler, BMS Re also has operations in London and Europe, and also recently expanded into the Latin American market.
Nick Cook, CEO of BMS, said: “BMS Re’s launch in Bermuda builds on the already strong presence we have on the island as a specialty broker and BMS Re’s expanding global footprint demonstrates our commitment to the reinsurance broking business.
“We are extremely pleased to have Adam leading our Bermuda operations, he has had a distinguished career and is completely aligned with BMS Re’s strategy and vision.”
Mullen added: “It’s a great honour to lead BMS Re’s operations in Bermuda. I am delighted to join such a passionate and professional team and to aid in BMS Re’s continued and considered evolution.”