BMS appoints Dane Douetil as new Group Chief Executive Officer
By: Newsroom - August 19th, 2013
BMS Associates, the specialist independent broking and underwriting group, has appointed Dane Douetil as its new Group Chief Executive Officer.
is the parent company of BMS Group Limited, its UK broking entity; of BMS Intermediaries Inc.
, its US broking arm; and of Pioneer Underwriting Limited
, its underwriting platform.
, who is expected to commence his
role in early September, will lead the company in the second phase of its development strategy, which has seen BMS revenues grow by 27% since 2010 as it has taken advantage of global opportunities and established its fast-growing Pioneer Underwriting platform.
Mr Douetil, previously Chief Executive Officer of Brit Insurance Holdings NV, has more than 30 years of industry experience, covering broking and underwriting in insurance and reinsurance as well as in retail and wholesale environments.
Prior to restructuring Benfield Re, which became Brit Insurance, Mr Douetil was a founding shareholder and director of specialist insurance broker Special Risk Services Limited, a business which was successfully transformed from a start-up to a highly profitable enterprise and sold to Minets (now AON).
Mr Douetil, who began his career at Willis, has deep roots in Lloyd's and the London markets, having previously been Chairman of the Lloyd's Market Association and of the London Market Reform Group.
In 2007, Mr Douetil
was made a Commander of the British Empire
(CBE) in recognition of the reform work undertaken in the UK insurance market.
We are delighted to welcome Dane
leadership role with us.
will build on the strong foundations already in place at BMS
, leading the growth of our broking platform and the further development of Pioneer Underwriting.
Dane's experience as a leader in both broking and underwriting will be great assets for BMS
entrepreneurial track record of building successful businesses and his
reputation, particularly in Lloyd's and internationally, Dane's appointment shows that we are determined to carry through our growth plans to success, and continue to deliver outstanding service to our clients."
I look forward to working closely with Dane
in continuing to build our business and drive our international development.
These are very exciting times for BMS
and our clients."
Nick Cook and Darren Doherty, Chief Executive Officer of Pioneer Underwriting, along with other members of the company's Executive Committee, will report to Mr Douetil.
The search for a CEO of BMS Intermediaries
, its US broking arm, continues, and the successful candidate will also report to Mr Douetil
and Mr Cook's appointments are subject to approval by the UK regulator, the Financial Conduct Authority.
Tags: CEO, Chief Executive Officer, Dane Douetil, Group CEO, Nick Cook