Specialist property and casualty reinsurer Greenlight Capital Re has announced the appointment of Simon Burton to the role of Chief Underwriting Officer, which he will serve along his current responsibilities as Chief Executive Officer.
Additionally, Neil Greenspan will serve as Chief Financial Officer while Faramarz Romer will take up the role of Chief Accounting Officer and Treasurer, each effective immediately.
Greenspan has served as Chief Accounting Officer of the Company since 2018 and has has over 20 years of reinsurance and insurance industry experience
The company has also announced the resignations of Brendan Barry and Tim Courtis.
“I am pleased to announce this significant refresh of the management team, as we position ourselves for the rapidly improving market conditions ahead,” said Chief Executive Officer Simon Burton.
“Neil is a deeply experienced reinsurance professional with extensive industry knowledge and Faramarz’s technical accounting and regulatory expertise is exceptionally strong.
“We expect a smooth transition, as both Neil and Faramarz are already engaged with our strategic efforts and have abundant institutional knowledge as long-term employees of the Company. I thank Brendan and Tim for their service and wish them the best in their future endeavors.”
David Einhorn, Chairman of the Board of Directors of the Company, added, “I am excited as Simon leads Greenlight Re strategically and operationally through our next stage. I have worked with Tim and Brendan for 14 years and thank them for their dedicated work and contributions.”
