Global legacy player Compre swoops on QBE for group chief risk officer

Re/insurance legacy specialist  Compre has hired a new group chief risk officer in Bermuda from QBE Insurance Group.

Brid Reynolds (pictured) joins Compre immediately, and subject to regulatory approvals, will assume the role of group chief risk officer based in Hamilton, Bermuda.

Reynolds comes from QBE where she was most recently vice president and head of capital, management, and regulatory reporting. Prior to QBE, she served as principal, insurance supervision at the Bermuda Monetary Authority.

A chartered accountant by profession, Reynolds has 17 years of market experience in several management roles across public accounting firms, insurance regulatory bodies, and the insurance industry.

At Compre, Reynolds will be responsible for the oversight and development of risk functions globally, initially reporting to Simon Hawkins, group chief operating officer.

Hawkins said: “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. I am very pleased to welcome her to the team.”

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.”

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