Compre snaps up Swiss Re legacy leader as CEO North America

International specialist legacy group  Compre has tapped a Swiss Re executive, responsible for the origination of all US legacy deals, to build its business in North America.

David Presley (pictured) will take up the newly created role of chief executive officer, North America at Compre. Presley, who will also join Compre’s executive committee, will be based in Kansas City, Missouri reporting to group chief executive officer Will Bridger.

With responsibility for Compre’s business development activities in North America, Presley will work closely with the existing team including those that joined Compre from SiriusPoint Global Solutions to drive transaction growth. He will also assume operational leadership of business in the region as Compre continues to build its North American platform.

With almost 20 years of legacy-market experience, Presley joins Compre from Swiss Re America, where, as vice president and senior legacy origination manager. Prior to joining Swiss Re in 2019, he spent eight years at Enstar US as a vice president and commutations manager. He began his career as an attorney in 2003 at The Bazil Group.

Bridger said: “I am delighted to welcome David to Compre, whose deep experience spans the spectrum of Legacy transactions from LPTs to ADCs to IBTs and reinsurance novations. His strong origination expertise and relevant relationships will be extraordinarily valuable as we continue to build our business in North America.”

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