Dallas-based zIngenuity, a provider of risk management and loss mitigation services for mortgage lenders and servicers, has established zInsureRe Inc., a Cayman Islands-based reinsurance company.
‘Establishing zInsureRe is the natural next step in providing an end-to-end solution for clients looking for greater risk management and loss control for their mortgage originations,’ says David Reber, president and CEO of zIngenuity. ‘Concurrent with this announcement, zIngenuity is in the process of completing the purchase of a lender captive reinsurance company to be acquired by zInsureRe and is actively evaluating other mortgage captive reinsurance company and trust purchases.’
