BMS hires Canopius’ Spencer Pearce as Mining Practice Leader

Published on 29 August 2024

Independent specialist insurance and reinsurance broker BMS Group has appointed Spencer Pearce as Mining Practice Leader.

bms-group-logoPearce has over 30 years of experience, having previously held senior roles in underwriting and broking positions.

He began his career working for companies such as AXA, AIG, and Chubb, specialising in the mining and power generation business.

He joins BMS from Canopius, where he moved into Lloyds to set up new lines of business, before eventually being made responsible for all natural resources business, including construction.

According to BMS, Based in London, Pearce will be responsible for the expansion of the firm’s mining practice into new territories and will work to enhance its offerings by integrating complementary product lines that add significant value to its diverse client base.

Chris Ritchie, Managing Director, International Direct & Facultative, Global Risks, and to whom Peacre will report, commented, “Spencer’s extensive experience in managing complex insurance solutions and fostering client relationships will be instrumental in driving BMS forward, especially as we look to grow our distribution further geographically – we can’t wait for him to get started.”

Pearce himself added, “I am thrilled to be joining BMS, a business I have admired for some time. I’m looking forward to bringing my broking and underwriting experience to join this dynamic, fast-growing, and collaborative business.”

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