FORT LAUDERDALE, Florida., March 1, 2022 /PRNewswire/ — AMS Management Group (AMS) announced that Rome Braga will join the company in March as Chief Financial Officer. Mr Braga will be responsible for driving the growth of the business through optimizing capital strategy, assisting in the development of the business nationwide, and overseeing operations and investments in the infrastructure.
The announcement follows the one previously announced $40 million investment by Kilter Finance in AMS holding company, Best Practices Medical Partners LLC (BPMP), and an A- rating by AM Best obtained by Applied Forensic Solutions Risk Retention Group, Inc. (AMS RRG) in December 2021.
Richard Welchco-founder and CEO of BPMP, said: “Building on our relationship with Rom as Head of Capital Markets and Reinsurance, I look forward to welcoming Rom and strongly believe he will greatly help our company to execute on our strategic initiatives and achieve our corporate objectives.”
“I am grateful and excited to join a market-leading operation, and look forward to contributing to a seasoned management team that since 2003 has continued to excel in national insurance program management and administration. medical professional liability,” Rom added. .
Rom has two decades of experience in the insurance industry and capital markets. before joining AMS Management Grouphe spent nine years BMS Group, where he founded and led BMS Capital Advisory. Prior to his executive role as BMS Capital Advisory CEO, he held increasingly senior capital advisory and reinsurance positions at Benfield Advisory and Aon Securities in United States, UK and Brazil.
On AMS Management Group
Best Practices Insurance Services, LLC dba AMS Management Groupprovides a full range of program administration, distribution and underwriting to risk and claims management services for medical malpractice insurers. AMS Management Group manages over $85 million in annual gross premiums written. Since its creation, AMS Management Group was the exclusive program administrator for AMS RRG. Since 2003, AMS RRG has provided medical liability insurance to a number of physicians and physician groups across a wide range of specialties, and today is one of the nation’s leading physician risk retention groups. AMS RRG’s stable, flexible and cost-effective medical liability insurance options now protect more than 3,000 members.
On Applied Forensic Solutions Risk Retention Group, Inc.
Arizona-domiciled as a National Property and Casualty Insurance Company since 2003, Risk Retention Group Applied Medico-Legal Solutions (AMS RRG) provides high-value medical liability insurance and enterprise risk management solutions, with unparalleled service to members located throughout the United States. AMS RRG’s Risk Management contributes to its success by offering a unique program that engages member physicians in initiatives focused on error and risk reduction, with key objectives of overall claim reduction and improved operational profitability. Comprised of experienced and trusted healthcare executives, medical leaders and insurance professionals, the company’s executive offices are located in Florida, New Jersey, Texas, New York and Connecticut. AMS RRG is rated A- (Excellent) by AM Best, and A’ (A Prime), Unmatched by Demotech.
Media Contact:Erika Wilson954-990-7052
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