November 10th, 2022

Press Releases

BMS Re acts as broker for legacy transaction on behalf of Conifer Holdings, Inc.

By: Newsroom

BMS Re, the independent reinsurance broker, announces that it has acted as the advisor and broker for a bespoke Loss Portfolio Transfer (LPT) transaction on behalf of Conifer Holdings, Inc. Completion of this transaction served as part of Conifer’s comprehensive strategy to continue its growth as a prime choice in the specialized E&S space it serves.

This transaction marks the latest from BMS Re’s thriving legacy and capital solutions practice, which continues to move from strength to strength. BMS Re facilitated the LPT in co-ordination with other areas of BMS, including its Capital Advisory, Ratings and Pathlight Analytics areas, reinforcing the BMS value proposition of bringing total solutions to its clients with an emphasis on analytics.

Nick Petcoff, the co-CEO of Conifer, commented on the deal: “We are pleased to have partnered with BMS on this successful transaction as an integral part of our long term strategic plan.”
Mory Katz, Legacy Practice Leader at BMS Re, said: “This transaction demonstrates how a legacy transaction can produce a positive outcome for even strong, well-capitalised companies. We are very grateful to have been given the opportunity to assist our valued client with this transaction.”