BMS appoints new Caribbean fac head

BMS Group has appointed Germán Torres-Ortíz as managing director and head of Caribbean facultative business for BMS Re Latin America and Caribbean (LAC), effective August 29th 2022.

Based in Miami, he will report to Aidan Pope, chief executive and executive chairman for LAC at BMS Re.

Torres-Ortíz will focus on expanding BMS Re’s facultative presence in the Caribbean region. He joins BMS Re from his most recent role as a senior vice president at Carpenter Marsh Fac Re Latin America.

Prior to this, he spent seven years with Assurant in a leadership role, developing new products and conducting feasibility studies across multiple markets in the region. Torres-Ortíz also held several senior roles at AIG, including spending four years in Chile as commercial lines director, spearheading significant annual growth and profitability.

Pope said: “It is an absolute pleasure to welcome Germán to our regional team. We value not only his excellent leadership skills, but also his contacts in the Caribbean and his knowledge of large and complex risks, which combines well with our worldwide strategy of specialization and outstanding client service. Germán is an innovative and passionate individual, whose consistent drive for excellence will be invaluable to our clients in the region.”