Fac reinsurance
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit. -
The facility was previously for commercial risk clients.
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The broker’s fac reinsurance division will encompass around 70 staff, it is understood.
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Miller recently strengthened its reinsurance proposition with the acquisition of AHJ.
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Muñoz was also Aon Re chairman for the Latin American region.
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Sources said Insurance Advisory Partners is advising the fac MGA on the strategic process.
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The movers include former line underwriter for major property D&F, James Robertson.
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The carrier reported an additional A$70mn reinsurance reinstatement because of higher claims.
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The broker has also expanded the role of recently appointed Matthew Hooker to leading Miller’s client engagement strategy.
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The team will be headed up by Nikki Melbourne who previously led the team at Besso Re.
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The unit will be led by Don Wright and will operate as a combined unit from January 1.
