Murphy Joins Greenlight Re Board

September 23, 2008

Cayman Islands-based Greenlight Capital Re announced the election of Bryan Murphy to the company’s Board of Directors.

Murphy, 63, has over 40 years of experience in the insurance and reinsurance business and has held senior executive positions in companies located in the Cayman Islands, Ireland, Ethiopia and Saudi Arabia. From 1996 until his retirement in December 2007, Murphy was the founding director and chief executive officer of Island Heritage Holdings Ltd., a Cayman Islands-based property, liability and automobile insurer.

He was responsible for providing commercial property insurance and reinsurance services to organizations in sixteen Caribbean countries. Prior to joining Island Heritage, Murphy acted as a consultant to Trident Partnership, and was employed by International Risk Management Group for 16 years. His responsibilities there spanned all areas of claims administration, risk management and insurance underwriting.

Greenlight Re’s CEO, Len Goldberg, described Murphy as an “outstanding addition to our firm, with his significant experience and leadership roles in the insurance and reinsurance industry.” He added that his arrival is particularly welcome, “at a time when the industry is facing significant challenges and Greenlight Re is building on our strengths to continue to identify new opportunities.”

Source: Greenlight Re – www.greenlightre.ky

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