Wednesday, February 15, 2023
HomeInsurance LawBMS Iberia purchases Spanish re/insurance coverage dealer Viafina

BMS Iberia purchases Spanish re/insurance coverage dealer Viafina

BMS Iberia, a unit of specialist insurance coverage and reinsurance dealer BMS, has agreed to purchase Seguros Viafina (Viafina). 

Monetary phrases of the transaction weren’t disclosed. 

Viafina is a speciality insurance coverage and reinsurance dealer, with headquarters in Seville, Spain, and workplaces in Madrid.

The agency is engaged in serving prospects that vary from listed multinational corporations to small and medium-sized enterprises (SMEs). 

It’s centered on building and renewable vitality insurance coverage. 

Moreover, as an knowledgeable in surety insurance coverage, Viafina counsels companies on international ensures, assists them with initiatives, and helps them in worldwide public bids.

The most recent buy is a part of BMS’ long-term ambitions for the Iberian area which incorporates bolstering its presence and increasing its infrastructure and capabilities.

Viafina CEO Gonzalo Camacho will report back to BMS Iberia CEO Fernando Claro.

Claro stated: “Our acquisition of Viafina marks a continuation of our funding within the Iberian area. The crew has a broad vary of expertise working with each the nationwide and worldwide markets and an in depth data of the development sector, renewable vitality sector and of surety insurance coverage. 

“As all the time, our precedence is to make sure that we’re providing the best high quality service to our purchasers – Viafina has that very same drive and keenness.”

Camacho stated: “The Viafina crew are delighted to companion with a world dealer comparable to BMS. It provides us vital added attain and technical capabilities that may allow us to develop on the superb work we’ve been doing since our inception.”

Final month, BMS acquired Queensland, Australia-based specialist company, enterprise and retail insurance coverage dealer Austbrokers Coast to Coast (C2C).



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