Greenlight re innovations receives in-principle approval to establish insurtech-focused syndicate 3456

Grand cayman, cayman islands, jan. 31, 2022 (globe newswire) -- greenlight re innovations (“gri”), part of greenlight capital re, ltd. (nasdaq: glre) (“greenlight re” or the “company”), has received ‘in-principle' approval from lloyd's to establish an insurtech-focused syndicate. syndicate 3456, which will commence operations in the second quarter of 2022, will be established under the innovative “syndicate-in-a-box” (siab) model. it will be managed by asta, the leading third-party managing agent at lloyd's.
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