BMS Group Ltd., the London-based re/insurance broking arm of Minova Insurance, announced the launch of BMS Innovation Labs, a platform that aims to drive change and innovation within the company and the wider insurance industry.
BMS Innovation Labs will focus on how to deliver the best possible outcomes for clients using all available tools, including new technology and business approaches that can add value to and enhance BMS’ offering, the company said in a statement.
BMS Innovation Labs will be employee-led, providing a forum for individuals from across the business to contribute to the development of innovative and disruptive approaches and technologies.
During the March 15 launch of BMS Innovation Labs, BMS employees were introduced to the “Design Thinking” tools and techniques developed by Pancentric Digital, a specialist in disruption in insurance.
Nick Cook, CEO of BMS Group, said: “Through the creation of BMS Innovation Labs, we are declaring our intent to remain at the forefront of innovation in our industry as we deliver further targeted, bespoke solutions to our clients.”
Source: BMS Group Ltd.
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Topics Agencies InsurTech New Markets
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