BMS completes Rasher purchase

BMS Group has obtained regulatory approval to complete the acquisition of insurance broker Rasher, which specialises in surety, credit, finance and risk management solutions for corporate clients. 

Rasher is headquartered in Spain and has subsidiaries in Colombia and Peru. BMS announce it was buying the company in December, 2024.

Gabriel Raya, until now chief executive of Rasher, will become chief growth officer of BMS in Iberia, and will be responsible for the expansion of Rasher's subsidiaries in Latin America. He will join the board of directors of BMS Iberia with immediate effect.

This acquisition expands BMS' capabilities in Iberia and Latin America and further strengthens its international presence as a global broker.

Nick Cook (pictured), chief executive of BMS Group, said: "We are excited to officially welcome Rasher to BMS Group. Expanding our global platform and capabilities remains a key priority in our growth strategy, and bringing Rasher on board is a significant step forward. In addition, Gabriel’s wealth of experience and expertise will be invaluable as we continue to grow together. We look forward to the journey ahead."

Raya added: "Joining BMS Group is a very exciting step for Rasher and we look forward to exploring new opportunities with our clients in each region, relying on the capabilities of BMS Group.”

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