RiverStone taps Enstar EVP to build out new Bermuda operation

RiverStone International, a legacy specialist operating in the UK and Lloyd's of London markets, has launched a new Bermuda market operation as part of its international growth strategy, with the hiring of an executive vice president from Enstar.

David Rocke (pictured) has joined the company as managing director of its Bermuda division.

Rocke has more than 25 years of experience in insurance and reinsurance legacy M&A, with a specific focus on transactions in Bermuda, the UK and the US.

Prior to joining RiverStone, he held the position of executive vice president of M&A at Enstar and has been based in Bermuda since 2006. In this role he had a specialist focus on M&A projects and was responsible for numerous acquisition transactions involving billions of reserve liabilities. He also acted as a director for more than 20 regulated entities in Bermuda and the UK.

Luke Tanzer, chief executive officer of RiverStone International, said: “We are delighted to welcome David to our group. He brings a wealth of market experience and will be central to the development of our Bermuda platform and achievement of our international growth plans. The talent within our team and their in-depth understanding of legacy and the wider insurance market is one of the key drivers of RiverStone’s continued success.”

Rocke added: “ RiverStone International has a well-deserved reputation in the legacy space and has been expanding at a rapid pace. I am thrilled to be joining at a time when the Bermuda and wider markets are presenting fantastic opportunities and I am looking forward to working with Luke and the team.”

Did you get value from this story?  Sign up to our free daily newsletters and get stories like this sent straight to your inbox.