BMS, a specialist insurance and reinsurance brokerage, has announced two senior appointments aimed at strengthening its expertise in directors and officers (D&O) liability and cyber risk.
The company has named Callum McMillan (pictured) as national head of directors & officers liability and Pranav Jani as client director – national head of cyber.
These appointments are part of BMS’s broader strategy to invest in leadership and develop internal talent across critical risk segments.
Both McMillan and Jani joined BMS as part of the acquisition of Bluebook Brokers in July 2023.
In his new capacity, he will oversee the expansion of BMS’s D&O liability portfolio and coordinate efforts across the company’s national offices.
“In my new role, my focus will be on growing our D&O portfolio and supporting our offices nationally to deliver tailored solutions for clients,” McMillan said. “In addition, together with the financial lines executive team, we’re committed to making BMS the of first choice for brokers to build rewarding careers.”
Jani, who has worked in the insurance sector since 2009, has a background in professional and financial lines, with a particular emphasis on cyber risk and professional indemnity. He holds a graduate certificate in cybersecurity from the University of Sunshine Coast.
As national head of cyber, Jani will lead the development of BMS’s cyber risk strategy, supporting clients in managing digital threats.
“There is far greater awareness of cyber risks today, and this role reflects BMS’s commitment to providing dedicated expertise to support our clients,” Jani said. “I’m looking forward to building stronger insurer relationships, supporting my colleagues across the business, and raising brand awareness as we continue to deliver client-first solutions.”
BMS CEO Andrew Godden commented that these appointments demonstrate the company’s commitment to building internal expertise.
“These promotions reflect the depth of talent we have at BMS,” he said. “Callum and Pranav have consistently demonstrated outstanding leadership, technical skill, and a client-first mindset. As the risk landscape evolves, particularly in financial and cyber domains, their appointments ensure we remain at the forefront of delivering exceptional insight and value to our clients.”
The leadership changes come at a time when cyber risk and data loss are prominent concerns for company directors and officers.
According to the latest Cyber Directors’ and Officers’ Survey Report from Willis, a WTW business, 53% of companies surveyed currently hold cyber insurance, and another 18% plan to obtain coverage within the next two years. Cyber insurance remains a significant component of D&O liability policies.
A recent report from Beazley, titled Spotlight on Tech Transformation & Cyber Risk, pointed to a growing divergence between concern about cyber threats and confidence in organisational readiness.
The 2025 survey of global business leaders found that 29% now consider cyber risk their primary concern, up from 26% the previous year. This is the first increase in this measure since 2021.
Despite the heightened concern, 83% of respondents said they felt prepared to address cyber threats, an increase from 74% last year.
