International People Moves: Beazley and BMS Re Announce Key Appointments
This edition of International People Moves highlights recent appointments at Beazley and BMS Re, two significant players in the insurance and reinsurance sectors. Here’s a summary of the new hires.
Beazley Taps Generali’s Foucher as Head of Commercial Property, Europe
Beazley, the London-based specialist insurer, has announced the appointment of Sara Foucher as head of Commercial Property, Europe, effective immediately. Based in Paris, Foucher will lead the development of Beazley’s property offerings and expand the team throughout the region to meet the growing demand for specialized solutions.
Foucher will report to Richard Montminy, group head of Property Risks. She brings three decades of industry experience to Beazley, most recently serving as head of Underwriting GC&C, France, at Generali. Prior to that, she held senior positions at RSA and Swiss Re Corporate Solutions.
“Businesses across Europe need access to specialist property insurance solutions as climate risk and rising asset values are transforming the risks to which property owners are exposed,” commented Montminy.
“Sara’s appointment signals our intent to grow our presence in the market and her reputation and experience makes her perfectly placed to galvanise the build out of our team across Europe and I look forward to working with her,” Montminy added.
Beazley plc operates specialist insurance businesses in Europe, North America, Latin America, and Asia. The company manages seven Lloyd’s syndicates and provides coverage in the US admitted market through Beazley Insurance Company Inc. and Beazley America Insurance Company Inc. Coverage in the surplus lines market is provided by the Beazley syndicates at Lloyd’s and Beazley Excess and Surplus Insurance Inc. Beazley Insurance dac, its European insurance company, is regulated by the Central Bank of Ireland.
BMS Re Appoints Hughes and Bartell from Howden Re for Non-Marine Reinsurance
BMS Re, the reinsurance arm of independent insurance and reinsurance broker BMS Group, has announced two senior appointments. Jonathan Hughes and Martin Bartell are joining BMS from Howden Re and will be based in London.
Both will report directly to Hannah Watkins, chief growth officer. Hughes joins BMS Re as managing director – non-marine reinsurance. He brings thirty years of experience to the role, having worked at major industry players, Guy Carpenter, AXIS, and Aon. Most recently, he was managing director and retro broker at Howden Re.
Bartell joins BMS Re as director – non-marine reinsurance. He began his career as a broker in 1986 at Alexander Howden and has also held positions at Benfield, Gallagher Re, and Aon. For the last decade, he worked as a broker in the UK specialty and retro desk at Howden Re.
The new hires will strengthen the capabilities of the existing London-based reinsurance team, with responsibilities extending into the Bermuda market, and cross-collaboration with global teams, in line with the reinsurance growth strategy defined following the arrival of Brad Melvin as BMS Re US CEO. The development of the London reinsurance platform is a key component of BMS Re’s global strategy, aimed at ensuring clients receive truly independent services. These appointments follow other recent high-profile hires for BMS, including group chief broking officer Richard Dudley, previously global head of Climate Strategy at Aon and CEO of Aon’s Commercial Risk Wholesale and Specialty Broking operations in London.
“We are pleased to welcome two new exceptional team members. Based in London but with a global mindset and approach, their combined expertise and proven track record make them great additions to BMS Re,” commented Watkins.
“In close collaboration with our teams in the US, London and Bermuda, Jonathan and Martin will help us deliver creative and strategic solutions for our clients, reflecting our investment in and commitment to the reinsurance sector,” she added.
