BMS taps Aon talent to grow PE, M&A and tax insurance offering

Specialist re/insurance broker  BMS has hired a mergers & acquisitions (M&A) insurance expert from Aon to help accelerate the growth of its private equity, M&A and tax related insurance offering.

Stephan Simon joins the company as a director and head of warranty and indemnity insurance in the private equity, M&A and tax insurance division. He will report to Tan Pawar (pictured), managing director and head of the unit in London.

Simon has over 17 years’ M&A and legal experience as a corporate lawyer and warranty & indemnity broker. He joins BMS from Aon UK where he held the role of director, M&A and Transaction Solutions since 2015. Simon advises clients around the strategic use of transaction liability insurance on M&A deals, and the structuring and placement of large insurance programmes in the international insurance markets.

Prior to Aon, Simon was group legal manager at Legal & General Group where he played a key role in advising the group on a range of commercial deals, funds distribution and regulatory compliance, specifically within the insurance division. He is also a qualified lawyer and worked in the corporate department at Pinsent Masons from the years 2006 – 2012.

Pawar said: “At BMS we are committed to building out our business to best support our clients, so we are extremely pleased to continue to attract industry leading talent such as Stephan. His experience in the legal and insurance sector is hugely impressive, and he has an excellent track record of working collaboratively with complex multi-national companies. Stephan’s appointment will help accelerate the growth of our private equity, M&A and tax related insurance offering. I am thrilled to welcome Stephan to BMS.”

Simon added: “ BMS has an excellent reputation in this sector and are recognised as some of the best in the industry. Given current market conditions, it is an exciting venture to be a part of. I am very much looking forward to supporting Tan and the team.”

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