Greenlight Re makes strategic investment into Handdii

Greenlight Re Innovations has completed a strategic investment into property insurance claims fulfilment platform Handdii Pty.

With the support of Greenlight, Handdii will accelerate product development as it gears up for New Zealand and US markets.

Handii, based in Australia, aims to improve the claims process by connecting insurance companies with contractors and ensure all involved parties receive real-time updates. The platform will identify the right trade to handle the repairs and facilitate communications, once it is completed the customer can rate the trade and their quality.

Greenlight Re CEO Simon Burton said: “Handdii has created a technology platform that bridges the gap between the construction and insurance industries, eliminating the pain points that arise under the traditional model. With experience in both industries, Handdii has identified a solution to a niche problem. We look forward to working with the Handdii team and supporting the platform as it grows.”

Greenlight Re is a division of specialist property and casualty reinsurance firm Greenlight Capital Re.

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