BMS Re, the specialty reinsurance broker, has appointed Bermuda market veteran Erik Soria as head of new business solutions and co-head of casualty broking.

Based in New York, Mr Soria reports to Sean Ryan, deputy chief executive officer, and will lead the development of BMS Re’s new business solutions team.

He joins from Bermudian-based Conduit Re, where he had served as the head of US casualty since 2021.

Mr Soria spent more than eight years in the Bermuda market, having also held positions at SiriusPoint and QBE Reinsurance.

He began his career as a broker, working for Aon and then Willis for 10 years prior to making the switch to underwriting.

Mr Ryan said: “Attracting and developing talent is where BMS Re thrives. Through his experience in casualty underwriting and his time as an intermediary, Erik not only brings a great pedigree to BMS Re but is also well versed in all facets of our industry.

“I am delighted to welcome him to the team, his strong technical knowledge and broad experience complements our business well and will contribute immediately to the continued growth of our casualty capabilities.”

Mr Soria added: “I am looking forward to re-entering the broking world in a firm that emphasises innovative technological solutions and data analytics alongside its well-established culture of independence and growth.”