BMS Group Limited has announced the launch of BMS Iberia, that will be led by Directors Fernando Claro in Madrid, and Domingo Albi in Seville, Spain.
The new European venture provides BMS with a long-term solution for accessing European business in a post-Brexit world. Recently appointed Directors, Claro and Albi, will report to BMS Managing Director and Head of International, David Battman.
Claro joins BMS with more than two decades of Spanish insurance market experience, and held a number of positions at Marsh Spain, which includes Head of Financial and Professional Lines and M&A at Marsh Spain.
Albi brings almost 20 years of industry experience to BMS Iberia, and has extensive experience arranging insurance for sports associations and professional colleges, acquired from both Aon and Marsh.
Battman, commented; “Our aim is to bring something new to the Spanish and Portuguese markets. We believe that our target client base – corporations, independent retail brokers, professional and sports associations, MGAs and insurers – is seeking a new type of broker that simultaneously offers real expertise, focusing on the customer through personal service and the use of technology.
“As BMS expands, we see our entrepreneurial culture attracting the very best talent in the market, and expect to make further hires from a variety of sources in the near future.”
The firm states that the launch of BMS Iberia complements its existing global operations, and it will work closely with broking teams in both London and Miami to place inbound reinsurance business from Latin America and the Caribbean, and also retrocessional reinsurance from Madrid into London.
