Independent specialist reinsurance broker BMS Group has announced the appointment of Alex Orloff as director of capital markets analytics at BMS Capital Advisory, the investment banking division of BMS. Orloff will report to Romulo Braga, BMS Capital Advisory CEO.

In his new role, Orloff will lead the development of qualitative investment diligence and quantitative market analytics for private and public insurers and institutional investors. Orloff is the founder of Sybella Research, which provides investment research coverage of private issuers in the insurance industry. Prior to founding Sybella, Orloff held a variety of executive positions at companies including Lazard, Twelve Capital, DLJ, Bank of America and Credit Suisse.

“With the financial backing from our institutional investors, BMS will continue to grow and invest in industry-leading resources like Alex to benefit our clients,” Braga said. “Guided by a group-wide partnership approach, BMS Capital Advisory is a key capability in providing clients with cohesive capital management advice, and as a multi-asset investment specialist with broad experience in diverse capital market functions, Alex will further strengthen and professionalise our offerings.”

“BMS Capital Advisory has developed a credible track record of providing integrated risk and capital solutions, which I consider a key competitive advantage over industry peers,” Orloff said. “I am very much looking forward to joining this dynamic and independent company with its entrepreneurial culture, and believe we have significant opportunities to bring more investors to the space and reduce our clients’ cost of capital.”