Compre, the independent legacy acquirer, today announces that Simon Hawkins will join as chief operating officer of the group in quarter three 2018, subject to regulatory approval.
Hawkins brings over 20 years of legacy-sector experience, which will support Compre’s ambition of achieving further strong, sustained growth. He will join from QBE where, as group head of retrospective solutions, he developed one of the most proactive approaches to legacy management in the industry.
Mark Lawson, co-CEO of Compre, said: “We are delighted Simon is joining the business at this exciting time for Compre, given the ever-increasing opportunities for growth in the legacy market. Simon will bring a wealth of experience to Compre across global transaction structuring and legacy management excellence, which will enable the business to continue to thrive and meet its ambitious growth plans. I look forward to working closely with Simon to maximise the potential for Compre and to provide creative legacy solutions to the counterparties we work with.”
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For further information please contact:
David Haggie / Richard Adams, Haggie Partners
+44 20 7562 4444
Notes to Editors:
Compre is a leading European legacy specialist with over 30 years of experience in the acquisition and management of discontinued non-life insurance and reinsurance business. We have experience of acquiring most classes of direct and reinsurance business, including general liability, marine and motor liability, US APH. Compre is a European business with operations in Finland, Malta, Germany, Switzerland and the UK.
Our track record includes the acquisition of discontinued business companies, transfers of discontinued business portfolios, the provision of reinsurance solutions and the subsequent management and closure of claims liabilities. Solutions are tailored to meet the specific requirements of the vendor in relation to their portfolios and cover economic, legal and administrative finality.
Compre is independent and privately owned. It is managed by its five Executive Directors Will Bridger and Mark Lawson, co-CEOs; Rhydian Williams, Managing Director – Operations; Dr Hubertus Labes, Managing Director – Germany and Austria; Paul Matson, CFO. The Chairman of the Group is Tom Colraine.