BMS Group Welcomes Jean-Jacques Henchoz as Chairman
BMS Group, a leading independent specialist in the insurance and reinsurance brokerage industry, has announced the appointment of Jean-Jacques Henchoz as Chairman of the Board, commencing on May 1st, 2025. This strategic appointment comes after Henchoz’s recent departure from his role as Chief Executive Officer (CEO) of Hannover Re, a major European reinsurer.
Henchoz’s illustrious career spans 27 years in the global reinsurance sector. During his tenure as Chairman and CEO of Hannover Re, starting in 2019, he successfully propelled the company to achieve double-digit earnings growth and a robust return on equity (ROE). This remarkable performance culminated in the doubling of Hannover Re’s market capitalization and its inclusion in Germany’s prestigious DAX-Index.
Before joining Hannover Re, Henchoz dedicated over two decades to Swiss Re, another prominent European reinsurer, where he held various leadership roles. His last position there was as CEO of Reinsurance and Regional President for Europe, the Middle East, and Africa.
Currently, Henchoz also contributes his expertise as a Non-Executive Director on the boards of Brit Group Holdings Limited and its Lloyd’s managing agent, Brit Syndicates Limited.
This appointment marks a significant milestone for BMS, following a period of robust growth characterized by several key acquisitions in the past year. Notably, BMS acquired the UK-domiciled broker, David Roberts & Partners in December 2024. Earlier in the year, the acquisition of specialist UAE broker Berns Brett Masaood was completed.
Nick Cook, CEO of BMS Group, expressed his enthusiasm regarding Henchoz’s appointment, stating, “Jean-Jacques’ extensive industry credentials will be invaluable to us, and we expect to see sustained growth for BMS under his chairmanship. In addition, we are eager to benefit from his valuable strategic insights as we move forward as a scaled-up, thriving, global business.” Cook further highlighted Henchoz’s proven leadership and visionary capabilities, which are expected to drive quality growth and innovation for BMS.
Henchoz himself expressed excitement about his new role, saying, “Nick has built a very successful global business, supported by a talented group of leaders and colleagues. I look forward to contributing to the next chapter of BMS Group, building exciting new partnerships and strengthening existing ones.” He emphasized the opportunity to leverage his extensive global reinsurance experience while supporting BMS’s agile, client-focused approach in navigating contemporary and future challenges.
News
