BF&M shareholders have agreed with the company’s proposal to change the firm’s name to Allshores.

The name change will take effect once the required registration formalities are complete, at which point the company expects its listing on the Bermuda Stock Exchange to reflect the new name.

Shareholders at the firm’s annual meeting also approved the appointment of KPMG as their new external auditors.

An Allshores spokesman said: “We would like to thank everyone who voted and attended, either in person or by proxy, and for your continued support of the company.”

The name change comes after the merger of two Bermuda-based insurance and financial services companies, BF&M and Argus, in early 2025.

The new holding company name was said to reflect the combined history and reach of both legacy companies. It is intended to unify the diverse operating businesses of the combined group, except for broking businesses which will retain their existing brands.

Abigail Clifford is CEO of the combined group and Peter Dunkerley is CFO.