Why choose BMI? 

Our main commitment is to provide you with the best service and that you enjoy a pleasant experience in each contact with our company.

Our responsibility, constant innovation and extensive experience in the personal insurance market, both nationally and internationally, make a difference in the lives of thousands of clients who reward us with their trust.

The best experience goes hand in hand with a solid insurer, with worldwide recognition and with the daily commitment to always offer you the best products and solutions.

With the backing of BMI Financial Group 
TRAJECTORY

48 years of experience and history dedicated solely to Latin America and the Caribbean

STRENGTH

Over one billion of Assets

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

Grupo de 4 personas reunidas en una sala de juntas con un computador
Edificio de BMI
Ratings and Recognition  

BMI has long been recognized by the media and extremely reputable independent evaluation companies in the international insurance market.

AM BEST A- Excellent

Financial Strength Rating A- (Excellent) by A.M. Best

The most most important rating company in the global insurance market. The rating is an independent opinion on the analysis of financial data, operating performance and business profile.

Hombre de negocios revisando reportes
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

by Best´s Review Magazine

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

Mujer sonriendo en sala de juntas con tablet en la mano, al fondo una computadora y tres compañeros
Ejecutivos dándose un apretón de manos, atrás una persona aplaudiendo.
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.

Founded Business Men´s Insurance Corp.

1986

Founded Best Meridian International Insurance Co. SPC as an insurance company to diversify our product and service portfolio

1997

Founded BMI Dominican Republic

2011

Founded BMI Guatemala

2017
1973

Founded Best Meridian Insurance Co. as an insurance company

1994

Founded BMI Ecuador.

Consolidated as BMI Financial Group, Inc. a single merged organization under the same name.

2003

Founded BMI Costa Rica

2012

Founded BMI Colombia

BMI Leadership 
At BMI the members of our professional staff have an excellent record and expertise in the international insurance and investment market; they are strongly committed to leading our big company family in providing an outstanding service, maintaining the exceptional quality of our products and services and ensuring that we meet our clients' needs.
fotosteam-15
ANTONIO M. SIERRA
Tony is a pioneer in providing health, life, and retirement products for Latin America. His successful career in the insurance industry, which began as an insurance agent, has more than 55 years of experience. His vision of entrepreneurship, of continuous expansion to new markets, of diversifying the insurance and financial services portfolio, as well as his mission to consolidate a solid organization, have allowed him to be recognized today as a leader within the insurance industry. Under his leadership, BMI has positioned itself as one of the leading Hispanic-owned insurance companies in the United States of America.
Founder and President of the Board of Directors
Liderazgo BMI-02
ANTHONY F. SIERRA
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.
President and Chief Executive Officer (CEO)
Liderazgo BMI-03
DAVID SIERRA
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.
Executive Vice President and Chief Marketing Officer (CMO)
Liderazgo BMI-05
ANDREW SIERRA
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.
Chief Operating Officer (COO), Treasurer and Director of International Operations
Liderazgo BMI-04
MANUEL PELATI
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).
Vice President and Chief Financial Officer (CFO)