Specialty property and casualty re/insurance broker Protecdiv has announced a new strategic relationship with BMS Group to enhance its service offering to property and casualty (P&C) reinsurance clients.
The companies believe the partnership will enable them to leverage their strengths in the production, placement and servicing of ceded reinsurance and retrocession business.
Protecdiv explained that the relationship would provide a joint proposition to clients in the US and internationally, with a focus on property, general liability, auto, workers compensation, cyber risk, mortgage and opportunities in emerging risks.
“Protecdiv is led by experienced reinsurance professionals who envision a unique and unprecedented venture while leveraging technology to deliver responsive solutions,” said Pete Chandler, CEO of BMS’s US reinsurance arm.
“It offers the insurance and reinsurance world a compelling opportunity to enhance diversity throughout the risk management procurement chain,” he added. “We see great opportunities emerging from the partnership and we are delighted to support their efforts.”
Kael Coleman, Founder and Chief Executive Officer of Protecdiv, also…
