BMS grows specialty casualty business

BMS has appointed Theresa Schugel as executive vice president to lead the expansion of its global specialty casualty practice.

Schugel has spent the last four years leading Aon Benfield’s global healthcare and lawyers professional liability practice.

Formerly chief executive of the Benfield subsidiary Paragon Strategic Solutions, she also led a national healthcare origination team for Benfield.

Carl Beardmore, chief executive of BMS, said: “Hiring someone of Theresa’s calibre and standing is a significant appointment for BMS. She will drive our continued expansion in the US, building on BMS’ existing reputation and experience.”

Schugel, who will based in BMS’ Minneapolis office. said: “ The group’s plan to grow and invest in the development of its specialty casualty business gives us the opportunity to create something unique and truly distinctive in the market.”