Compre appoints group actuarial director and names subsidiary head

Independent insurance and reinsurance legacy specialist Compre has added Mark Lawson to its senior management team as group actuarial director.

Compre has further strengthened its German operations with the appointment of Thomas Freudenstein as director of its reinsurance subsidiary, Hamburger Internationale Rückversicherung-AG.

Lawson was previously associate director in the actuarial services practice of PwC, working with global clients in the insurance run-off sector. Freudenstein, a lawyer by profession, previously held various management positions at Globale Rückversicherungs-AG, including chief operating officer of its New York affiliate.

Nick Steer, chief executive officer of Compre, said: “We are delighted to welcome Mark and Thomas to the team. These high-calibre appointments further strengthen our operational platform and our ability to take advantage of the opportunities we are seeing.

“The experience that Mark has in the valuation of insurance liabilities, capital optimisation, structuring and Solvency II will be extremely valuable in developing the business. Thomas brings many years’ experience in the run-off market at a senior level, including the management of claims and commutations and also brings a wealth of additional contacts in German speaking markets.

“I look forward to working with Mark and Thomas and to the significant and positive contribution I am sure they will make to the business.”