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Greenlight Re Invests in Insurtech That Provides Security Deposit Replacement Insurance

June 1, 2022


Greenlight Re Innovations (GRI), a Cayman Islands-based subsidiary of Greenlight Capital Re Ltd., has announced an investment in Garentii GmbH, a security deposit replacement insurance MGA and platform in Germany.

Garentii, a Munich-headquartered insurtech, provides an insurance-based alternative, offering security deposit replacement insurance within existing workflows when a lease is signed, said GRI.

Financial details of the investment were not disclosed.

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