RiverStone unveils head of M&A and CUO amid reshuffle

RiverStone International, the acquirer and reinsurer of legacy and discontinued insurance business, has appointed a group head of M&A.

David Rocke will continue his role as managing director of RiverStone Insurance Bermuda alongside this appointment, which ties to RiverStone International’s growth strategy.

Meanwhile, Jamie Saunders, who has been with RiverStone since March, has been appointed as chief underwriting officer and will also be based in Bermuda reporting to Rocke. Saunders brings with him nearly 20 years of experience in legacy insurance and reinsurance, most recently in his former role as head of M&A operations and integration at Enstar.

Saunders will be responsible for the day-to-day operations of the Group M&A and integration functions, as well as working with Rocke on business development.

Rocke said: “I am excited to be taking on this expanded role at RiverStone and to be working with Jamie again.  We look forward to building on the foundations David Alexander laid and broadening RiverStone International's business globally in the coming years.”

David Alexander, former acquisitions and business development director has been appointed business planning and strategy director. In his new role Alexander will support RiverStone’s financial development using his considerable expertise in insurance restructuring, run-off management and business transformation.

Luke Tanzer (pictured), chief executive officer of RiverStone International, said: “We are thrilled with the appointments of David Rocke, Jamie and David Alexander. All three are incredibly talented individuals and their experience will be essential as RiverStone International continues to expand worldwide. Our expertly skilled and talented team is reflected in RiverStone’s Internationals continued success and growing position within the market.”