RiverStone International, the industry-leading acquirer and reinsurer of legacy and discontinued insurance business, today announces that David Rocke has joined the company effective 1 February 2022 as managing director of their 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, Rocke 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.”