AMS Management Group (AMS) has appointed Romulo Braga as Chief Financial Officer, where he will be responsible for scaling up enterprise growth through capital strategy optimisation, assisting with nationwide corporate development, and supervising operations and infrastructure investments.
Braga brings over 20 years of insurance industry and capital markets experience, nine of which were spent at BMS Group, where he found and led BMS Capital Advisory.
Prior to BMS, he served in increasingly senior capital advisory and reinsurance positions at Benfield Advisory and Aon Securities in the United States, United Kingdom and Brazil.
The announcement follows the previously announced $40 million investment by Kilter Finance into AMS’ holding company, Best Practices Medical Partners LLC (BPMP), and an A- rating by AM Best achieved by Applied Medico- Legal Solutions Risk Retention Group, (AMS RRG) in December 2021.
Richard Welch, Co-Founder and CEO of BPMP said: “building on our relationship with Rom as a capital markets and reinsurance executive, I look forward to welcoming Rom, and firmly believe he will greatly assist our Company execute our strategic initiatives and achieve our corporate objectives.”
Braga commented: “I am grateful and excited to be joining a market-leading operation, and look forward to contributing to a seasoned executive team that, since 2003, has continued to excel in the nationwide management and administration of medical professional liability insurance programs.”
