July 31, 2014 13:30 UTC

Launch of BMS Capital Advisory, Inc.

LONDON--(BUSINESS WIRE)-- Minova Insurance Holdings is pleased to announce the launch of BMS Capital Advisory. BMS Capital Advisory, a broker-dealer registered with the SEC, is a member of both the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC).

BMS Capital Advisory is an affiliate of BMS Intermediaries, a leading independent reinsurance broker and part of the Minova Insurance Group. To complement the services provided by BMS Intermediaries, BMS Capital Advisory will advise on and facilitate insurance-linked securities offerings and Mergers & Acquisitions. Together, BMS Capital Advisory and BMS Intermediaries offer their clients access to the resources needed to achieve their strategic goals, whether through reinsurance transactions, access to the capital markets, or M&A-related advisory services.

Rom Braga, BMS Capital Advisory’s CEO said: “BMS Capital Advisory will increase the Group’s operational flexibility, as we seek to deliver the most effectively-priced capital and integrated advice to our clients and prospects.” Mr. Braga added: “We believe our focused approach to servicing a differentiated client base will allow us to work with capital markets participants to create, facilitate and execute select corporate finance engagements and effective solutions to a new class of ILS sponsors.”

Andrew Bustillo, CEO of BMS Intermediaries, said: “From broking and advisory services to analytics, claims handling, capital advisory and beyond, we strive to become an extension of our client’s business, advocating their best interests to help them succeed.” Commenting on adding this capability to BMS Group, Mr. Bustillo added: “Having achieved this milestone, we are now able to provide risk management and advisory services across a broad spectrum of the capital markets. We believe in providing integrated solutions to our clients within a dynamic reinsurance market place. Alongside our broker force, we are now ready to deliver.”

About Minova Insurance

Minova Insurance is a holding company with investments in independently managed and separately regulated insurance businesses in both broking and underwriting. Its brokers and underwriters operate in 5 countries with 12 offices around the world employing 350 people.

For more information please visit www.minovainsurance.com

About BMS Intermediaries

BMS Intermediaries is the US based reinsurance arm of BMS Group. Founded in 1980, BMS Group, a leading independent (re)insurance intermediary, is a private, employee-owned, specialist insurance broker. With teams of experts in the fields of reinsurance, wholesale and direct insurance, BMS is uniquely positioned to deliver exceptional service in all areas of the business. The Group services clients from locations throughout North America, in London, Sydney and Bermuda.

For more information about BMS please visit www.bmsgroup.com

About FINRA and SIPC

For more information about FINRA please visit www.finra.org

For more information about SIPC please visit www.sipc.org

Contacts

Haggie Partners
Peter Rigby
Tel: + 44 20 7562 4444
Peter.rigby@haggie.co.uk
or
Ned Ellison
Tel: + 44 20 7562 4444
Ned.ellison@haggie.co.uk


Source: Minova Insurance Holdings