21 January 2015 Insurance

BMS Capital Advisory appoints principal

BMS Capital Advisory, a broker-dealer and affiliate of independent reinsurance broker BMS Intermediaries, has appointed Andrew Bustillo as a principal of the firm.

Bustillo, the president and chief executive officer (CEO) of BMS Intermediaries, currently serves as the chairman of the board of directors of BMS Capital Advisory.

Rom Braga, BMS Capital Advisory’s CEO, said: “We firmly believe in providing integrated solutions to our clients within a dynamic insurance marketplace and having an industry veteran like Andrew as a principal of our firm increases our ability to deliver tangible industry experience on each and every mandate.”

Bustillo commented: “At BMS, we have embraced the convergence of the re/insurance and capital markets, and have an unwavering commitment of securing capacity required by our clients and prospects from the most cost-effective source.

“Operationally, we will continue to promote a disciplined and integrated strategy by breaking down internal silos, facilitating the flow of proprietary intellectual capital, and ultimately delivering the associated benefits and customised solutions to our customers.”

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