Greenlight Capital Re gets Lloyd's nod for insurtech syndicate 3456

GREENLIGHT CAPITAL RE, LTD.

Received in-principle approval from Lloyd's to establish Syndicate 3456 under 'Syndicate-in-a-box' model.
Syndicate will be managed by Asta; operations expected to start Q2 2022.
Andy Gladwin appointed as active underwriter; joined Greenlight Re in Nov 2020.
GRI has made 20 insurtech investments; syndicate to provide capacity to portfolio.
CEO Simon Burton says initiative combines insurtech access with Lloyd's reputation.

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