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2 May 2019Insurance

BMS Capital Advisory swoops on JLT's Chris DeMuth as senior vice president

Specialist re/insurance broker BMS Group has appointed Chris DeMuth as senior vice president of BMS Capital Advisory, the company's investment banking division.

DeMuth most recently served as senior vice president at JLT Capital Markets, providing M&A, capital raise and advisory services to re/insurance industry in the North America, Bermuda and the UK. Prior to joining JLT, DeMuth held senior positions at Jackson Valley Fund and Guy Carpenter.

DeMuth will report to Romulo Braga, CEO of BMS Capital Advisory.

Braga said: “BMS Capital Advisory and the BMS Group as a whole are relentlessly dedicated to providing the very best in client care and service to our partners. A strong, effective and focussed Capital Advisory team is key to providing that capability.

“Chris has the in-depth knowledge and understanding of both capital management and the re/insurance market needed to provide the very best advice on even the most complex transactions. He will be a great addition to our team and will add value to BMS and our clients as we look to grow our capital advisory expertise.”

DeMuth added: “BMS has an excellent reputation as a dynamic and independent company within the industry. Its entrepreneurial culture, global reach and commitment to client service distinguish it from competitors and I am very much looking forward to joining the team.”

BMS has recently hired its new chief financial officer (CFO) Nick Moss from JLT Re.

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1 May 2019   Specialist re/insurance broker BMS Group has appointed Nick Moss as its new chief financial officer (CFO), reporting to CEO Nick Cook.
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13 March 2019   Specialist re/insurance broker BMS Group posted a 25 percent increase in its 2018 revenues, mostly driven by growth in its London wholesale and US reinsurance businesses, according to CEO Nick Cook.
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7 May 2019   Specialist re/insurance broker BMS Group has appointed Pete Chandler as president of its US reinsurance operations. Chandler is the latest in a series of recent high-profile hires from JLT.