Compre hires two as expansion continues

Compre, the international specialist legacy group that launched a Bermuda-based class 3A reinsurer, Pallas Re, in 2020, has made two new appointments as it expands its business.

Marialuisa Petrella and Connie Tregidga join Compre as claims director and group director for M&A, respectively.

Petrella will join Compre in May from Armour Risk Management, where she served as head of European claims. Petrella, a lawyer who also worked at QBE earlier in her career, will report to Simon Hawkins, Compre’s chief operating officer, and brings more than 17 years of claims experience across a broad range of classes and jurisdictions.

Tregidga will take up her post in July, having previously spent 11 years at QBE, most recently as head of retrospective solutions and group reinsurance counsel. She will report to chief development officer Eleni Iacovides.

Both appointments will be based in London.

As well as launching Pallas Re, Compre recently established Lloyd’s legacy syndicate 1994, and has also secured “significant additional capital backing” from Cinven and BCI.

Hawkins highlighted Petrella’s “broad variety of technical, managerial and strategic ability,” and her “exceptional track record of managing high value and complex claims.”

Iacovides, meanwhile, described Tregidga as “an outstanding and highly-respected corporate lawyer, whose deal skills will be a considerable addition to our growing team.”