TRAJECTORY
50 years of experience and history dedicated solely to Latin America and the Caribbean
Why BMI?
STRENGTH
Assets over $1.4 billion
COMMITMENT
Over US$1 billion in benefits paid to our policy owners worldwide
TRUST
Millions of clients in Latin America, the Caribbean, Europe and Asia
GLOBAL PRESENCE
Strategy of continuous expansion. Corporate subsidiaries and service offices in Colombia, Costa Rica, Dominican Republic, Ecuador, Grand Cayman, Guatemala, Taiwan, United States and Venezuela.
PORTFOLIO
Broad portfolio made up of elite quality products and services
KNOWLEDGE
Continuous training for representatives and customer service staff. Innovative online learning platform with webinars and academic training courses
SERVICE
24/7 Service and multilingual operators
STABILITY
Security vis-à-vis currency value and amidst political/ economic changes
PRESTIGE
Highly respected and reputable within the international market. Our name is synonymous with quality, trust, financial strength, high performance, permanence and exceptional service
Ratings and Recognition
BMI has long been recognized by the media and extremely reputable independent evaluation companies in the international insurance market.
FINANCIAL STRENGTH RATING A- (EXCELLENT) BY A.M. BEST
The rating is an independent opinion on the analysis of financial data, operating performance and business profile.
Independent opinion based on analysis of operating performance and business profile
FAVORABLE FINANCIAL CONDITION
As compared with the 25 largest insurance companies in the USA by Standard Analytical Service, a recognized and independent insurance analyst. Their comparative report is based on three key financial ratios: solvency, surplus and liquid invested assets.
ONE OF THE TOP 200 U.S. LIFE AND HEALTH INSURERS
BEST'S REVIEW magazine ranking
TONY M. SIERRA: ONE OF THE 250 POWER LEADERS
by South Florida Business Journal
ONE OF THE LARGEST PRIVATE COMPANIES
By South Florida business journal
ONE OF THE LARGEST HISPANIC–OWNED BUSINESSES
by South Florida Business Journal
ONE OF THE 350 BIGGEST COMPANIES
by Florida Trend
Our History
Since the creation of our first company, we have maintained a strategy of continuous growth and expansion that has made BMI a company with a solid track record over the years.
BMI Leadership
At BMI, our professional team members have an excellent track record and expertise in the international insurance and investment markets; they are committed to leading our family of excellence in service, maintaining the excellence of our products and services, and ensuring that we satisfy our customers demand.
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ANTHONY F. SIERRA
Founder and President of the Board of Directors
Anthony has over 35 years of experience in the insurance industry. Throughout his career, he has developed extensive experience in international sales and marketing, as well as in-depth knowledge of products and services with special emphasis on the Latin American market. Since 2004 he has held responsibilities as Chief Executive Officer (CEO) of the company.
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DAVID SIERRA
Executive Vice President and Chief Marketing Officer
David began his career with BMI in 1992 in the New Business Department. During his career, he was proactively involved in the development of innovative products and the marketing and sales department. Thanks to his excellent results in business volume and growth of the sales force, he was promoted to Executive Vice President and Director of Marketing and Sales, positions he has led since 2005. He is in charge of leading.
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ANDREW SIERRA
chief operating officer
Andrew has over 15 years of experience in the insurance industry. He began his career with Liberty Mutual Group as Senior Group Market Underwriter while attending graduate school at Bentley University. In 2009, he joined BMI Financial Group where he has led positions in both international operations and the treasury and compliance unit with specialization in anti-money laundering. Since 2019 he has held the position of Director of International Operations and in 2020 he was promoted to Chief Operating Officer (COO) of the company.
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MANUEL PELATI
Vice President and Chief Financial Officer
Manuel has a career of more than 41 years of experience. His successful performance throughout his career in the financial area allowed him to lead key positions such as Accounting Manager at the insurance group MCM Corporation and Professor of Accounting at the University of Puerto Rico. In 1990 he joined BMI as Accounting Manager, later he was appointed Controller, and since 2000 he has held responsibilities as Vice President and Chief Financial Officer (CFO).