shutterstock_1368244196
shutterstock_1368244196
10 November 2022Reinsurance

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.”


More on this story

Analysis
1 October 2023   The captive insurance market is growing and pushing into new frontiers including legacy business, according to Mory Katz of BMS Group.
news
4 August 2023   The former Gallagher Re executive will start at the company in 2024.
Analysis
6 July 2023   The new executives will be involved in facultative business.

More on this story

Analysis
1 October 2023   The captive insurance market is growing and pushing into new frontiers including legacy business, according to Mory Katz of BMS Group.
news
4 August 2023   The former Gallagher Re executive will start at the company in 2024.
Analysis
6 July 2023   The new executives will be involved in facultative business.