BMS makes two hires in private equity, M&A and tax division

BMS Group, which has a significant presence in Bermuda, has beefed up its London operation with the appointment of Sophie Wallace and Dean Andrews as divisional directors of its recently established private equity, M&A and tax division. Andrews has also been named head of tax liability insurance.

Both Wallace and Andrews will report to Tan Pawar, who will be joining BMS as managing director of the division in June 2020.

Wallace has spent eight years in M&A insurance, advising private equity funds, corporates and the wider M&A community on transactional risk insurance solutions. Andrews also has eight years’ experience in international tax liability insurance and tax law, having started his career at PwC before moving to Eversheds Sutherland.

BMS received a “significant investment” from British Columbia Investments Management and Preservation Capital Partners and is looking to expand into new lines and geographies.

Nick Cook, CEO at BMS Group, said: “BMS is committed to provide bespoke M&A insurance solutions in the UK, with capabilities on the ground to follow in Europe, Australasia and Canada. The team will also work closely with our retail broker partners in North America and Latin America to help provide tailored wholesale solutions and insurance capacity to our clients.”