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
