Benzinga | Apr 21, 2021 08:38AM EDT

Greenlight Re Innovations Announces Investment I Sports Risk Management And Insurance Start-Ip Player's Health; Size Not Disclosed

Greenlight Re Innovations ("GRI"), part of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) ("Greenlight Re" or the "Company"), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has announced an investment in Ao1 Holdings Inc. ("Player's Health"), a managing general underwriter that provides insurance and risk management services to the amateur sports organization market.



Player's Health utilizes proprietary risk management software and develops partnerships with sports management platforms. The platform tracks protocol evidence and provides injury management insights at a level not previously available in amateur sports.

Greenlight Re CEO Simon Burton said, "The sophisticated risk management approach Player's Health has developed is market leading in the amateur sports sector and we are looking forward to supporting the Player's Health team as they grow their business."

"We're grateful to have Greenlight Re as an investor in our latest funding round," said Player's Health Founder and CEO Tyrre Burks. "This partnership is a huge step for the evolution of our business and it allows us to continue to fulfill our mission of creating a safer environment for athletes and giving sports organizations what they need to ensure proper protection."

Player's Health represents the fourteenth strategic investment made by GRI.