Bridgewater has appointed Paul Barber as senior actuary ahead of home reversion regulations.
Barber has more than 20 years experience in the international insurance and reinsurance sectors culminating most recently with a role as actuary for a marketing company operating across Asia.
He has worked across the globe, in various actuarial roles at companies including CIGNA, General Electric and Transamerica Reinsurance.
Barbers new role will include responsibility for ensuring that Bridgewater is fully compliant in its business processes ahead of the home reversion regulation.
Peter Couch, managing director of Bridgewater, says: Its critical for us that we have the right team on board to enable us to be fully compliant from next month.
“We feel that Paul has a wealth of experience that will not only assist us during the period leading up to April 6 but will also be invaluable during the next 12 months as we look to grow the business even further.
Barber adds: This is a really exciting period to join Bridgewater, especially with the upcoming regulation this month.
“Im looking forward to being able to use my actuarial experience to assist Bridgewater in becoming fully compliant as it brings another perspective to the process.
“This next year will be pivotal in the equity release markets growth and Im delighted to be part of that.