Independent specialist reinsurance broker BMS Group has announced the appointment of Dominic Addesso as non-executive chairman and LoriAnn Lowery-Biggers as non-executive director of BMS Intermediaries, the company’s US reinsurance intermediary arm. Addesso and Lowery-Biggers will also join BMS Investment Holding Company as independent non-executive directors.
Addesso has more than 41 years of experience in the reinsurance space. Prior to joining BMS, he served as president and CEO of Everest Re Group. He has also served as CFO at Everest, and held various roles at Munich Re America.
Lowery-Biggers has more than 30 years of global financial and insurance experience, most recently as group chief marketing officer for The Navigators Group. She joined The Navigators Group in 2009 as president of field operations. She has also served as president of Lloyd’s of London, North America, and held various positions at Wells Fargo Insurance Services and Marsh and McLennan Companies. She is currently CEO of BellaVaughan and serves as a non-executive director at Protective Insurance, CopperPoint Mutual Insurance Holding Company and Brown and Riding.
“The appointments of Dom and LoriAnn are testament to our determination in attracting industry-leading talent and to the scale of our ambition in North America,” said Nick Cook, CEO of BMS Group. “Dom’s distinguished career in the reinsurance market will contribute greatly to our business as we continue to invest and grow in this sector. LoriAnn is a highly respected leader with a global reputation and extensive market relationships. The opportunities created by these hires are evident to us, and I look forward to working with them and Peter Chandler, our US CEO, in growing our business.”
“BMS’s driven and ambitious team is focused on developing innovative and individualized solutions for clients,” Addesso said. “The executive leadership has a clear reinsurance strategy and invests time and resources in supporting all employees in developing their value to clients. I’m excited to join such a talented and close-knit team, and I’m particularly looking forward to working with them to further accelerate the development of the US reinsurance platform.”
“BMS’s clear vision and dynamic culture has made it one of the fastest-growing companies in the market and a genuine global choice for clients whose options are becoming increasingly limited,” Lowery-Biggers said. “It’s an exciting time to join, and I look forward to working with the executive team in the US and the wider group on executing a strategy that serves the best interests of its global clients.”
