Corporate round-up

Reinsurance broking group BMS plans to develop business in southern Africa through a new co-operation venture with NewBridge Reinsurance Brokers (Pty), based in Johannesburg. Steve Higginson, chairman & managing director of BMS International Intermediaries, said the group had identified Southern Africa as a growth area. As part of the new agreement, Lee-Jon Ellis will be joining Newbridge Re in Johannesburg from BMS for at least two years.