BMS hires fac specialist to drive specialty energy

BMS Group has appointed an experienced facultative reinsurance executive to bolster its specialty energy practice.

Alex Tesei joins as director of European energy reinsurance. He has over 25 years industry experience most recently spending a decade building up and leading the reinsurance division of Ribé Salat in Spain, specialising in facultative reinsurance.

Most recently he was appointed head of facultative insurance at K.M. Dastur, in London and earlier in his career spent four years as managing director of Brex Re, based in Spain.

He will be based in London reporting into James Chicken, BMS’ managing director of energy.

Chicken said: “We are delighted to welcome Alex and we look forward to leveraging his know-how and experience as well as contacts in European markets to expand and complement our global reach. European energy is a dominant issue of the moment from wholesale prices to critical geo-political considerations and climate change. BMS is determined to be the most responsive, dynamic, and expert wholesale intermediary in the energy insurance sector and today’s announcement shows yet again that we continue to attract top market talent supporting our growth and the evolution of this market.”

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