BMS Launches New Global Healthcare Liability Division Led by Industry Veteran Rob Wendin in Health Insurance Marketplace
London, UK – May 2, 2024 – A distinctive specialist insurance plus reinsurance broker, BMS has recently introduced a completely fresh global healthcare liability arm. The unit will be headed by Rob Wendin — an industry veteran — with more than forty years under his belt in insurance, reinsurance, and healthcare insurance marketplace.
This move underscores BMS’s dedication to the growing healthcare insurance marketplace. The division seeks to offer full-fledged solutions and counsel to the clientele of healthcare providers as well as their insurers. In an expanded area of the healthcare liability space with a wider array of services and products: this introduction implies we strive to meet more needs for our clients.
Wendin, who was hired by BMS in the month of December 2023, has been able to compile a team consisting of six professionals with more on the way soon. This team is going to be the most number wise and experience wise big team related to medical malpractice in the London healthcare insurance marketplace among other teams as stated by a communication from BMS. “We are thrilled to announce the launch of our new global healthcare liability division,” said Andrew Wheeler, president and CEO at BMS Re. “Rob’s unparalleled experience across both insurance and reinsurance will be a huge asset to BMS as we continue to grow our industry-leading medical professional liability practice.”
Leadership positions have been part of Wendin’s rich history, including being the managing director of healthcare at Guy Carpenter and a senior partner at JLT’s Healthcare Risk Partners and also as a managing director at Marsh’s EMEA Healthcare Practice. The establishment of this new unit that is under his leadership guarantees wealth from such knowledge that will be used to foster innovation plus risk management strategies for clients in the healthcare industry.
Collaboration means a new partnership between BMS Re’s treaty healthcare liability team — which has been long-established and is led by Clare Stenson — with high-quality service delivery assured for hospitals, integrated systems, and captives. This collaboration underscores BMS’s commitment to its clients as it continues providing quality services through this core aspect of their operation.
Stenson and her team were the pioneers of this new development, a global division in healthcare that has brought a wealth of expertise not only in insurance but also reinsurance, treaty and facultative arrangements without any restrictions geographically or organizationally.
“It shows no sign of slowing down because it puts colleagues first— as well as clients,” he said with enthusiasm.
The introduction of the new division is a clear indication of BMS’s strategic priority to develop and widen its presence within the healthcare insurance marketplace. BMS, with specialized services and the guidance from industry leaders like Wendin, positions itself excellently to find a place as one of the major contributors in the changing health insurance marketplace, which aims at providing support for business in the healthcare field.