Corporate Overview
Compre is an independent privately owned specialist insurance and reinsurance legacy business. It is majority owned by funds managed by Milestone Capital Partners, a UK based private equity investor, following its financial restructuring announced in 2010.
Compre is managed by its three Executive Directors Nick Steer, CEO; Rhydian Williams, Managing Director - Operations and Will Bridger, Managing Director - Acquisitions. Representatives from Milestone Capital sit on the board of the ultimate holding company along with Compre's former founder and current non-executive Director, Mikko Sinko.
Compre has two main business divisions; Value Creation and New Business Generation. Value Creation manages the re/insurance claims held by the risk carriers acquired by Compre and for third parties. Compre's core competence in Value Creation is the mitigation of insurance risk via commutations.
The insurance carriers are the regulated entities under which further business transfers can be undertaken. Compre continues to expand its risk carrier portfolio and is actively seeking opportunities across Europe with further acquisitions of companies and/or portfolios. Compre also has the capability to assume transfers of portfolios of discontinued business from existing risk carriers and has direct experience of completing such deals across Europe.
Compre is also developing its service company capability further through organic growth and the strategic acquisition of European based specialist service providers.
[Please click here for our organisation chart]
The four risk carriers are:
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The service companies supply the professional resources and deliver the key services to both the Compre owned risk carriers and external third party clients. Offices are located in Basel, Helsinki, London, Helsinki, Malmö and Stockholm. The service companies have four functional teams enabling it to focus its professional resources and deliver results for its clients, they are:
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