Greenlight Re venture arm backs cargo InsurTech Redkik
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Greenlight Re venture arm backs cargo InsurTech Redkik

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Greenlight Re Innovations said it is backing InsurTech start-up Redkik, a platform that enables on-demand, per-shipment, customized cargo insurance.

The venture arm of Cayman Islands-based Greenlight Capital Re did not say how much it invested in Redkik, which aims to eliminate the need for traditional cargo policies, which are written on an annual basis and priced based on...

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