REG - Compre Group Hldgs - Compre announces management changes
12/02/2024 12:30
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RNS Number : 8286C Compre Group Holdings Limited 12 February 2024
Press release
12 February 2024
Compre announces management changes
Compre Group Holdings Limited ("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."
- Ends -
For further information please contact:
Compre
David Haggie / Richard Adams / Olivia Thomson, Haggie
Partners
+44 20 7562 4444
About Compre:
Compre is a global specialty reinsurance business that provides capital and
liability solutions, giving certainty to their clients on their insurance and
reinsurance portfolios. Compre has experience of acquiring most classes of
direct and reinsurance business, including general liability, marine and motor
liability, workers' compensation and US asbestos and environmental exposures.
Compre has operations in Bermuda, Finland, Germany, Ireland, Malta,
Switzerland, the UK, the US and at Lloyd's, and is group supervised by the
Bermuda Monetary Authority.
www.compre-group.com (http://www.compre-group.com)
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