BMS Group, the London-based specialist insurance coverage and reinsurance dealer, introduced the appointment of Jean-Jacques Henchoz to the function of chairman of the board, efficient Could 1, 2025.
Henchoz was most not too long ago the CEO and chairman of the Government Board of Hannover Re, a job he had held since 2019. Previous to Hannover Re, Jean-Jacques spent over 20 years at Swiss Re in numerous management positions, together with as CEO of Reinsurance and the Regional President for Europe, the Center East and Africa.
Throughout his tenure as CEO of Hannover Re, the corporate delivered double-digit earnings development and industry-leading ROE efficiency, resulting in the doubling of its market capitalization and an improve to the DAX-Index in Germany.
“Jean-Jacques’ in depth {industry} credentials will likely be invaluable to us, and we anticipate to see sustained development for BMS below his chairmanship. As well as, we’re keen to profit from his worthwhile strategic insights as we transfer ahead as a scaled-up, thriving, world enterprise,” commented Nick Prepare dinner, CEO of BMS Group.
“He’s a confirmed {industry} chief with the power to navigate advanced challenges and establish dynamic alternatives, and I’m assured that his imaginative and prescient will foster high quality development and innovation in our operations,” Prepare dinner mentioned.
“Nick has constructed a really profitable world enterprise, supported by a gifted group of leaders and colleagues. I stay up for contributing to the subsequent chapter of BMS Group, constructing thrilling new partnerships and strengthening current ones,” in accordance with Henchoz.
“Becoming a member of the board of a number one brokerage agency presents a gorgeous alternative for me to leverage my world reinsurance {industry} expertise, whereas supporting an agile, client-focused organisation that helps corporations navigate the challenges of at this time and the longer term,” Henchoz added.
BMS mentioned Henchoz is becoming a member of the corporate at a time of great development. Within the earlier 12 months, BMS has made a number of high-profile acquisitions. In December, BMS completed the acquisition of the Spanish dealer, Rasher and its Latin American subsidiaries. As well as, BMS additionally acquired UK-based broker David Roberts & Partners. Earlier within the 12 months, BMS completed the acquisition of specialist UAE dealer, Berns Brett Masaood.
Supply: BMS Group
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