Broking Lloyd’s business across two continents
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In addition BMG has a unique attribute of being licensed in both the UK and the USA, where it operates from a head office in Dallas. This allows BMG to work in a sophisticated, diversified and flexible way. BMG has carefully positioned its operation such that it owns the distribution chain for its products, and distributes some Lloyd’s products directly into the US working closely with Lloyd’s in Illinois. As of January 2012 approximately a third of BMG’s business was being written by the US team.
BMG is still independently owned and controlled, and the directors will continue to expand the business both organically and by seeking partnerships that take BMG into further niche market areas. London and the US will continue to be growth areas, with the business also looking closely at Europe