BMS Iberia, an independent specialist (re)insurance broker, completed the acquisition of Montymarq, a Spanish specialist insurance broker. Financial terms were not disclosed. “BMS Iberia is growing strategically: we have identified significant opportunities in several key specialty areas and we are well-positioned to be one of the top specialist brokers in Spain. Montymarq’s expertise and market-leading talent in the professional, personal and liabilities risk space meaningfully complement our current growing practice. I look forward to working with Juan and the team and taking our regional business to the next stage of growth,” Fernando Claro, BMS Iberia CEO.