RiverStone International, the acquirer and reinsurer of legacy and discontinued insurance business with an office in Bermuda, has announced that Mike Cain has joined the company as group head of legal and company secretary.

The company said Mr Cain is a senior lawyer with 25 years’ experience operating in the international insurance and reinsurance sector.

In his former role at Aspen, he held the position of general counsel and company secretary alongside various other leadership roles including CEO of their Bermuda platform.

In 2007, Mr Cain became the COO of Benfield Advisory which was responsible for the provision of advisory and M&A advice to the group.

Over his time at Benfield, RiverStone said, he was at the forefront of a range of acquisitions and disposals and led any subsequent integration projects. He was also the point person for issues around regulatory advice.

In 2008, Mr Cain moved to Aspen as group general counsel, and during his time there he has held a number of leadership roles, always as addendums to his group GC role, including group COO, group HR director and, from 2015 to 2017 the CEO of the Bermuda platform.

Luke Tanzer, chief executive officer of RiverStone International, said: “We are delighted to welcome Mike to our group. He brings a wealth of market experience and will be central to the development of our group corporate governance strategy and achievement of our international growth plans.”

Mr Cain said: “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 this time and I am looking forward to working with Luke and the team.”