Cayman Islands-based Greenlight Capital Re, a specialist property and casualty reinsurer, has appointed John H. Drake, Jr. as Vice President, Business Development. He will be responsible for maintaining productive client and broker relationships while also identifying attractive new business opportunities, and will be based at the Company’s headquarters in the Cayman Islands.
Brendan Barry, Chief Underwriting Officer at Greenlight Re, welcomed Drake to the company, noting his “experience and a deep understanding of our industry from his years in underwriting,” and his “established relationships and appreciation for the role of business development in a customer-centric reinsurance company.”
Drake has more than 20 years of insurance industry experience and a background that includes underwriting, sales and marketing. He joins Greenlight Re from Swiss Re Corporate Solutions, where he was most recently Vice President, Sales Force Effectiveness Team, and previously served as Vice President, Marketing for Swiss Re Underwriters Agency, Inc.
The bulletin stated that during his time with Swiss Re, Drake “developed and maintained broad property & casualty reinsurance broker relationships, and generated new business opportunities across all business lines.” He previously held underwriting management positions at OneBeacon Professional Partners, HartRe Company, and Chubb Specialty Insurance.
Drake is a Chartered Property Casualty Underwriter (CPCU) and Associate of Reinsurance (ARe). He also holds a Bachelors Degree from Union College, and is an MBA candidate at Babson College’s F.W. Olin Graduate School of Business.
Source: Greenlight Re