Compre announces management changes

Compre, the Bermuda-domiciled international legacy group, today announces the formation of a Global Claims and Operations function, following significant growth in a successful 2023 in which it completed four transactions, including its largest ever with SiriusPoint. The consolidation within a global function will ensure Compre continues to deliver best in class management of its portfolios and offer the best solutions for its clients globally.

The function will be led by Simon Hawkins, CEO – Europe, who has been promoted to the newly created role of Executive Managing Director – Operations. Separately, David Presley, CEO – North America, who joined Compre in 2022 to build its US presence, has now left the business.

Will Bridger, Group CEO, Compre said: “I am delighted that Simon has agreed to lead our Global Claims and Operations function. As we build on our successes of 2023 in our core markets in Europe, the USA and Lloyd’s through the disciplined underwriting of retrospective reinsurance solutions, the new structure will allow us to continue to deliver best in class processing, automation and handling of our portfolios. Simon will work closely with Dan Fiehn, COO in driving automation and new technology through our business over the coming years. My thanks to David for his contribution to Compre. Having built our excellent team in the US, we wish him well for the future.”

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For further information please contact:

Compre

David Haggie / Richard Adams / Olivia Thomson, Haggie Partners

+44 20 7562 4444

About Compre:

Compre is a leading legacy specialist with over 30 years of experience in the acquisition and management of discontinued and legacy non-life insurance and reinsurance business. Compre has experience of acquiring most classes of direct and reinsurance business, including general liability, marine and motor liability, and US APH. Compre has operations in Bermuda, Finland, Germany, Ireland, Malta, Switzerland, the UK and at Lloyd’s.

www.compre-group.com