BMS completes Rasher Spanish broker acquisition

BMS Group has completed the acquisition of insurance broker Rasher, which specialises in surety, credit, finance and risk management solutions for corporate clients.

Rasher is headquartered in Spain, with subsidiaries in Colombia and Peru.

Gabriel Raya, until now CEO of Rasher, becomes chief growth officer of BMS in Iberia, responsible for the expansion of Rasher’s subsidiaries in Latin America, joining the board of BMS Iberia with immediate effect.

BMS said the acquisition expands its capabilities in Iberia and Latin America and further strengthens its international presence.

“We are excited to officially welcome Rasher to BMS Group,” said Nick Cook, CEO of BMS Group.

“Expanding our global platform and capabilities remains a key priority in our growth strategy, and bringing Rasher on board is a significant step forward.

“In addition, Gabriel’s wealth of experience and expertise will be invaluable as we continue to grow together. We look forward to the journey ahead.”

Raya added: “Joining BMS Group is a very exciting step for Rasher and we look forward to exploring new opportunities with our clients in each region, relying on the capabilities of BMS Group.”