Brook will tackle the function of COO at BMS in 2024 following the completion of all contractual obligations.
He’ll straight report back to Nick Prepare dinner, CEO of BMS Group and brings a wealth of expertise. Most lately international COO of Gallagher Re and the worldwide COO of Willis Re earlier than that.
Moreover, Brook performed a key function in holding Willis Re collectively throughout a tough 20-month interval whereas persevering with to ship internet progress alongside James Kent, former CEO of Willis Re and Gallagher Re.
Adam Stafford, previously group COO, will take a brand new function as group technique and operations officer for BMS’ UK and worldwide specialty companies, reporting to Ian Gormley and Nick Gillett.
Prepare dinner mentioned: “BMS’s plans for progress have by no means been extra formidable. In persevering with our international growth plan Chris’s sterling status, strategic experience and deep relationships inside the market will probably be indispensable. He’ll work alongside me as we additional strengthen our hand via a technique targeted on M&A, natural and operational progress throughout each reinsurance and specialty. Chris is a reliable and resourceful chief and his deal with colleagues and shoppers embodies precisely the character that BMS wants as we scale. I’m delighted to welcome him and can’t overstate the affect I see him having in serving to steer BMS as COO within the years to come back.”
Brook joins the agency as BMS construct on the momentum gathered following its refinancing on the finish of 2022. This introduced the corporate’s worth as much as £1.75bn ($2.2bn) and ended a interval of profitable funding and will increase in valuation.
As well as, Brook will be a part of the group govt committee and work straight alongside Prepare dinner throughout all three of BMS’s core pillars – Specialty, Reinsurance & Worldwide – to execute BMS’s plan to turn out to be the main specialty insurance coverage and reinsurance dealer, globally.
Moreover, his function will help BMS in its try to additional improve its information and expertise capabilities in a strategic transfer that empowers shoppers.