47 years of experience and history dedicated solely to Latin America and the Caribbean
Over US$22.5 billion of Insurance in Force and US$870 million of Assets
Over US$1 billion in benefits paid to our policy owners worldwide
Millions of clients in Latin America, the Caribbean, Europe and Asia
Strategy of continuous expansion. Corporate subsidiaries and service offices in Colombia, Costa Rica, Dominican Republic, Ecuador, Grand Cayman, Guatemala, Taiwan, United States and Venezuela.
Broad portfolio made up of elite quality products and services
Continuous training for representatives and customer service staff. Innovative online learning platform with webinars and academic training courses
24/7 Service and multilingual operators
Security vis-à-vis currency value and amidst political/ economic changes
Highly respected and reputable within the international market. Our name is synonymous with quality, trust, financial strength, high performance, permanence and exceptional service
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 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.
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.
by Best´s Review Magazine
of South Florida, by South Florida Business Journal
by Florida Trend, one of the most awarded publications in the US
by American Registry
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.
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.
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.
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.
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.
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).
