30 May, 2023
RiverStone International expands UK boards with INED appointments
Press release
30 May 2023
RiverStone International, the largest provider of legacy solutions in the Lloyd’s market, today announces the appointments of Heather Thomas and Jose Vazquez as independent non-executive directors of its UK subsidiaries RiverStone Insurance (UK) Limited and Riverstone Managing Agency Limited.
Thomas brings to the role more than 20 years of executive board level experience gained in the financial services and insurance sectors. She is currently non-executive director of IQUW Syndicate Management and prior to this, she was non-executive director and chair of the risk management committee and member of the audit committee at CNA Insurance and Hardy Underwriting.
Vazquez brings a wealth of knowledge to RiverStone International. He has more than two decades of experience in the insurance sector, including 10 years as chief risk officer at Direct Line Group. Prior to this, Vazquez has held a variety of roles in the insurance industry including at HSBC Group and Zurich Insurance Group. He is also non-executive director at Allianz Holdings.
Luke Tanzer, chief executive officer of RiverStone International, said: “We are delighted to have Heather and Jose join our UK boards. They are both highly experienced non-executive directors, and their advisory capabilities will prove invaluable to RiverStone International as we continue to build on our leading position within the global legacy market.”
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Notes to Editors
About RiverStone International
RiverStone International is an industry-leading acquirer and reinsurer of legacy and discontinued insurance business. Operating in the UK company and Lloyd’s of London markets, Bermuda, and Europe, RiverStone International has transacted a wide variety of deals – from insurance and reinsurance portfolio transfers to company purchases, acquiring over US$14.1billion of liabilities since 2010 and with around US$7billion of liabilities currently under management. RiverStone International’s highly skilled and tenured professionals employ ownership, accountability, commitment, and an open and flexible approach to all transactions to provide transactional certainty, deliver desired outcomes and maintain clients’ reputations. For further information about RiverStone International please visit: www.rsml.co.uk
Riverstone International media contacts:
Haggie Partners
Damian Beeley and Bec Seaton
Tel: +44 (0)207 562 4444
Damian.Beeley@haggie.co.uk
Bec.seaton@haggie.co.uk