Willis Re Acquires BMS Re US, Broadens MPL Reinsurance Capabilities

November 2, 2026 by matray

Willis Re has completed its acquisition of BMS Re US, expanding its reinsurance broking capabilities in medical malpractice and other property and casualty lines, the company announced Nov. 1.

The transaction includes BMS Intermediaries Inc., BMS Capital Advisory LLC and the associated U.S. reinsurance broking team based in London. Financial terms were not disclosed in the announcement.

BMS Re US provides reinsurance and capital solutions to U.S. clients. Willis Re said the acquisition strengthens its capabilities in medical malpractice, property catastrophe and workers’ compensation while supporting further U.S. expansion and diversification into additional lines of business.

“We are delighted to welcome the BMS Re US team to Willis Re," said Lucy Clarke, a Willis Re board member. "By bringing together our complementary strengths, we are creating a stronger platform for growth, with access to a broader global network, deeper market relationships and enhanced specialist expertise. This will support continued expansion, closer engagement and the delivery of greater value to our clients.”