Menu

Reinsurance News

Compre eyeing capital raise off COVID-19, market hardening

16th September 2020 - Author: Charlie Wood

Leading specialist legacy acquirer Compre is looking to raise additional capital in the face of increased legacy activity related to the COVID-19 pandemic and hardening insurance market.

Compre says its current shareholders, private-equity firm CBPE Capital, remain committed to the business and support its management team’s outlook.

The existing team, led by CEO Will Bridger, will remain unchanged and is committed to the growth of the business.

“Now is the time to invest in the legacy market and it gives me great pleasure to be taking this step in our company’s history at such a promising time for legacy acquirers,” said Bridger.

“Legacy has matured through the years and has become a vital part of the industry’s infrastructure.

“The demand for our solutions has surpassed expectations and Compre is committed to providing bespoke structuring to enable clients to reach their business objectives during this challenging period and beyond.”

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
Premia adds Lloyd’s expertise with addition of Colin Grint from AJG

Bermuda domiciled reinsurance run-off group, Premia Holdings Ltd., has appointed Arthur J. Gallagher's (AJG) Colin Grint as Chief Executive Officer...

Close