Compre hires group chief risk officer

International specialist legacy group Compre has appointed Brid Reynolds as group chief risk officer, based in Hamilton, Bermuda. A chartered accountant, she will be responsible for the oversight and development of risk functions globally, initially reporting to Simon Hawkins, group chief operating officer.

Reynolds brings 17 years’ market experience in management roles across public accounting firms, insurance regulatory bodies and the insurance industry. She joined from QBE, where she was vice president and head of capital, management and regulatory reporting. Before that, she served as principal for insurance supervision at the Bermuda Monetary Authority.

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.”