Compre hires former BMA insurance supervisor

Compre has appointed former Bermuda Monetary Authority principal for insurance supervision Brid Reynolds as its group chief risk officer.

Based in Hamilton, Reynolds will oversee and develop the specialist legacy group’s risk functions globally. She will report initially to group chief operating officer Simon Hawkins.

Reynolds brings 17 years’ market experience, working in management roles across public accounting firms and in the insurance industry, as well as at the regulator. Most recently, after the BMA, she was with QBE, where she was vice president and head of capital, management and regulatory reporting.

Hawkins welcomed the appointment: “Brid brings a wealth of experience to Compre and our expanding Bermuda team. Her expertise will help enable our significant expansion aspirations through leading our global risk framework. She will also advise us as a business partner on all transaction activity and its associated risk appetite and tolerance, which is part of our new value creation strategy.”

Reynolds added: “Compre has built a leading reputation as a global legacy player, and I am delighted to join them during this exciting and deal-driven environment. Following the launch of their Bermuda operation last year, I look forward to working with the team to enhance their run-off capability and client-centric approach to the US run-off market.”