BMS Group, a leading independent global insurance and reinsurance broker, has acquired Istanbul-based Oria Sigorta ve Reasรผrans Brokerliฤi A.ล., further strengthening its position in the Turkish market. This acquisition reinforces not only BMS Groupโs long-term commitment to Turkey but is a core part of its regional development as it expands further into the Middle East and beyond, and it significantly enhances its ability to deliver comprehensive, client-focused solutions across the region.
Founded in 2019, Oria has become deeply embedded in the local business arena and together with BMS Groupโs global reach the company is poised to deliver more holistic, competitive, and solutions-oriented services to clients and insurance partners in Turkey and internationally.
Owned and Chaired by Cenk Erden Oria is an independent insurance and reinsurance broking firm that has built a strong reputation in corporate insurance and employee health benefits solutions. This development reflects BMSโs strategic acquisitions across UK, Europe and the Middle East, including David Roberts & Partners (UK), Rasher (Spain), and proposed entry into the DIFC (subject to regulatory approval) and marks another milestone in its global expansion journey.
Nick Cook, CEO of BMS Group, commented: “Acquiring Oria represents a significant step forward in our EMEA growth strategy. Their talented team brings valuable expertise and strong client relationships that will further elevate our capabilities in Turkey. Weโre delighted to welcome them into the BMS family.”
Kerim Gรผrkan, CEO of BMS Turkey, said: “This is an integration of two like-minded businesses. Over the past three years, BMS has established itself in Turkey as a leading specialty broker with strong international capacity. Now, by joining forces with Oriaโs experienced team and local insight, we enter an exciting new chapterโbroadening our client base and deepening the value we bring to both clients and insurance partners, locally and globally.”
Cenk Erden, Owner and Chairman of Oria Sigorta, added: “This partnership brings together Oriaโs local market knowledge with BMSโs international strength and vision. Itโs a natural fit built on shared values and a commitment to delivering high-impact, high-value solutions. Weโre thrilled to join BMS and contribute to its ambitious growth journey.”
Cenk Erden and Remzi Duman will join the Board of BMS Turkey and the combined companies shall continue as BMS Group Sigorta ve Reasurans Brokerligi A.S.
Source: BMS Group
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