BMS Intermediaries buys rival Advocate

BMS Group's US specialist insurance and reinsurance broking arm
has bought rival Advocate Reinsurance Partners for an undisclosed
sum.BMS Intermediaries - or BMS Re US - will add Advocate managing
partner Scott Brock to its board following the acquisition.Advocate was launched in 2010 by Randall Goss-led wholesale broker
and MGA US Risk and was initially named Goss Re.The reinsurance broker was not part of the transaction in July this
year that saw private equity firm Kohlberg &...