Greenlight Capital Re, Ltd. Hires Michael Belfatti to the Newly Created Position of Chief Operating Officer, Effective September 1, 2017
August 16, 2017 at 08:30 am
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Greenlight Capital Re, Ltd. announced that it has hired Michael Belfatti to the newly created position of Chief Operating Officer, effective September 1, 2017. Mr. Belfatti’s responsibilities as COO will include oversight of the company’s pricing, actuarial and risk management functions, and spearheading data collection, analytics and technology efforts across the company. As a member of the executive team he will also assist with the development and execution of the company’s overall strategy. He will report directly to Simon Burton, Chief Executive Officer of Greenlight Re. Mr. Belfatti brings to Greenlight Re over 20 years of reinsurance and insurance industry experience. Prior to joining the company, Mr. Belfatti founded and was CEO of M. J. Belfatti & Company. He has held the position of Executive Vice President and Chief Actuary at both Endurance Holdings Ltd. and Validus Holdings Ltd.
Greenlight Capital Re, Ltd. provides multiline property and casualty insurance and reinsurance through its licensed and regulated reinsurance entities in the Cayman Islands and Ireland, and its Lloyd's platform, Greenlight Innovation Syndicate 3456. Its property business covers personal lines, commercial lines exposures and automobile physical damage. The property business includes both catastrophe and non-catastrophe coverage. Its casualty business covers general liability, motor liability, professional liability, and workers compensation exposures. The Company's multi-line business includes the Funds at Lloyd's business. Its other business covers accident and health, financial (including transactional liability, mortgage insurance, surety, and trade credit), marine, energy, as well as other specialty business, such as aviation, crop, cyber, political, and terrorism exposures. Its subsidiaries include Greenlight Reinsurance, Ltd., Greenlight Re Marketing (UK) Limited, and others.