Specialist re/insurance broker BMS Group has hired Mory Katz to work with its reinsurance arm as a senior consultant.
Prior to joining BMS, Katz served as a managing director at Pro Global, leading its US operations and business development.
He was also the Chief Executive Officer of the company’s two US subsidiaries, ProTucket Insurance Company and Pro MGA Solutions
Katz brings over 35 years’ insurance experience to BMS and will focus on expanding its capital solution offerings, as well as building out its market presence in the legacy space.
“Market conditions are changing rapidly and we see an increasing demand for alternative capital solutions among our client base,” said Pete Chandler, BMS president & CEO, US.
“A strong legacy practice is therefore a key capability for us as a full-suite broker going forward and we are committed to offering our clients solutions to any and all of their capital needs.
“Mory’s expertise and reputation in solvent US run-off legislation will be a key asset to BMS and will be instrumental in driving our growth in the legacy space. We look forward to working closely with him to help our clients achieve their business goals.”
