25 November 2020Insurance

Greenlight Re sets up new UK unit in London market push

Specialist property/casualty reinsurer Greenlight Capital Re has established a UK marketing company to increase its presence in the London market.

The company has hired Andrew Gladwin to lead Greenlight Re UK.

Gladwin has over 30 years' experience in the market, having held roles as global head of marine treaty at Canopius and London Market treaty lead at Swiss Re.

Simon Burton, Greenlight Re’s chief executive, said: “London market specialty business is now central to Greenlight Re’s portfolio. Greenlight Re UK will facilitate further growth in this area.

“Andy Gladwin is a recognised expert in Marine & Energy reinsurance, with over 30 years of experience in this market. We are delighted to welcome him to our team.”

Gladwin added: “This is an exciting time in the market, and I look forward to contributing to the growth of Greenlight Re’s book.”

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More on this story

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10 September 2020   The company says the move is aimed at positioning the business for 'improving market conditions ahead'.
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3 April 2020   The company has decided to continue with its existing business plan following a 'thorough and rigorous' business review.
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18 June 2021   The new hire has formerly worked at ACE, XL and Arch as well as led an insurtech start-up.