BMS Re assists with Conifer LPT transaction
Specialty reinsurance broker BMS Re has acted as the advisor and broker for a bespoke loss portfolio transfer (LPT) transaction on behalf of Conifer Holdings.
The completion of this transaction served as part of Conifer’s strategy to continue its growth as a prime choice in the specialised E&S space it serves.
This transaction marks the latest from BMS Re’s legacy and capital solutions practice. BMS Re facilitated the LPT in co-ordination with other areas of BMS, including its capital advisory, ratings and pathlight analytics areas.
Nick Petcoff, the co-chief executive of Conifer, said: “We are pleased to have partnered with BMS on this successful transaction as an integral part of our long-term strategic plan.”
“This transaction demonstrates how a legacy transaction can produce a positive outcome for even strong, well-capitalised companies,” said Mory Katz, legacy practice leader at BMS Re. “We are very grateful to have been given the opportunity to assist our valued client with this transaction.”