The transaction follows Compre’s acquisition of QBE’s share of the Ridgwell Fox & Partners pool legacy reinsurance business in 2016

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(Credit: Adam Radosavljevic from Pixabay)

Compre, the leading specialist legacy acquirer, today announces it has signed its second legacy transaction with QBE for an undisclosed sum.

The transaction follows Compre’s acquisition of QBE’s share of the Ridgwell Fox & Partners pool legacy reinsurance business in 2016.

Will Bridger, Compre CEO, said: “I am extremely pleased to announce the conclusion of our second transaction with QBE. Repeat transactions with counterparties such as QBE validate the value of our bespoke offering and client-centric approach. We believe in developing a close relationship with our clients and it is most rewarding when those relationships continue to deliver mutually beneficial solutions.”

Source: Company Press Release