Reinsurance News

Greenlight Re hires Heejae Cho as Head of Innovation Underwriting

15th June 2021 - Author: Katie Baker

Specialist property and casualty reinsurer Greenlight Capital Re has appointed Heejae Cho as Head of Innovation Underwriting.

Greenlight-ReCho brings over 18 years of senior underwriting and actuarial experience to Greenlight Re, previously working at ACE, XL and Arch.

She will be responsible for managing the underwriting activities within the growing Greenlight Re Innovations unit, which supports technology innovators and evaluates potential applications to the company’s reinsurance operations.

Before joining Greenlight Re, Cho led a start-up insurtech, Viridis RS, which utilised technology and aerial data to help insurance carriers protect farmers by providing early warnings of pest and crop conditions.

Prior to her time at Viridis, Cho served as an underwriter at Arch Re, where she managed specialty and liability classes.

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Simon Burton, Greenlight Re’s Chief Executive commented: “Opportunities generated by Greenlight Re Innovations is a key element of our underwriting business and we expect continued growth in this area.

“Heejae has over 18 years of experience in the Bermuda market and with insurtech initiatives. We are delighted to welcome her to the team.”

Cho added: “Greenlight Re Innovations has built an excellent reputation in the Insurtech sector, and there is tremendous potential in the associated underwriting opportunities.”

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