Oxbridge Re Holdings Announces Head of Special Projects

Rhea-AI Summary

Oxbridge Re Holdings Limited (OXBR) has appointed Dr. Reuel Ocho as the head of its special projects division. Dr. Ocho brings 19 years of experience in strategic IT services and digital innovation, previously serving as CTO for the Cayman Islands Ministry of Financial Services. His expertise includes blockchain technology and data architecture. This strategic hire is expected to enhance Oxbridge Re's capabilities as it approaches its 10-year anniversary in 2023, according to CEO Jay Madhu.

Positive

• Appointment of Dr. Reuel Ocho as head of special projects division.
• Dr. Ocho's expertise in digital innovation and blockchain technology.
• Expected strategy enhancement for the company's growth as it approaches its 10-year anniversary.

Negative

• None.

GRAND CAYMAN, Cayman Islands, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Oxbridge Re Holdings Limited (OXBR), a provider of reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, announced that Dr. Reuel Ocho has been appointed head of the company’s special projects division.

A seasoned technology executive, Dr. Ocho has delivered strategic and executive IT-related services to a number of high-profile public, private and governmental organizations in Europe and the Caribbean over the past 19 years. Prior to joining Oxbridge, Dr. Ocho was the Chief Technology Officer for the Cayman Islands Ministry of Financial Services and Commerce.

Dr. Ocho is a digital innovation, digital transformation and blockchain technology strategy subject matter expert with professional leadership and management experience delivering cutting-edge digital platforms, products, and strategic solutions for organizations in both regulated and non-regulated environments. He has extensive technical expertise and has experience formulating focused and detailed digital innovation strategies and corresponding implementation programs for organizations, delivering digital solutions, and managing high-performing multidisciplinary teams. He also holds expertise and experience in machine learning/artificial intelligence, IT strategy and operations, software development, solutions architecture, data architecture, enterprise architecture, enterprise agile methods and cloud technology.

Dr. Ocho earned a Ph.D. in Information Systems from the London School of Economics (LSE), an MSc. in Advanced Software Engineering with Distinction from King's College London, and a BSc. in Computer Science from Andrews University.

‘’We welcome Dr. Ocho to the team and look forward to maximizing his subject matter knowledge of digitization, blockchain and compliance, which will in turn propel the company through its next chapter as we head towards our 10-year anniversary in 2023,” commented Oxbridge Re Holdings President and Chief Executive Officer Jay Madhu.

About Oxbridge Re Holdings Limited
Oxbridge Re (www.oxbridgere.com) is a Cayman Islands exempted company that was organized in April 2013 to provide reinsurance business solutions primarily to property and casualty insurers in the Gulf Coast region of the United States. Through Oxbridge Re’s licensed reinsurance subsidiaries, Oxbridge Reinsurance Limited and Oxbridge RE NS, it writes fully collateralized policies to cover property losses from specified catastrophes. Oxbridge Re specializes in underwriting medium frequency, high severity risks, where it believes sufficient data exists to analyze effectively the risk/return profile of reinsurance contracts and it makes investments that can contribute to the growth of capital and surplus in its licensed reinsurance subsidiaries over time. The company’s ordinary shares and warrants trade on the NASDAQ Capital Market under the symbols “OXBR” and “OXBRW,” respectively.

Company Contact:
Oxbridge Re Holdings Limited
Jay Madhu, CEO
345-749-7570
jmadhu@oxbridgere.com

FAQ

Who has been appointed as the head of the special projects division at Oxbridge Re (OXBR)?

Dr. Reuel Ocho has been appointed as the head of the special projects division.

What is Dr. Reuel Ocho's background in technology?

Dr. Ocho has 19 years of experience delivering IT-related services and previously served as Chief Technology Officer for the Cayman Islands Ministry of Financial Services.

What areas of expertise does Dr. Ocho bring to Oxbridge Re (OXBR)?

Dr. Ocho specializes in digital innovation, blockchain technology, machine learning, and IT strategy.

What is the significance of Dr. Ocho's appointment for Oxbridge Re (OXBR)?

His appointment is expected to enhance the company's capabilities as it approaches its 10-year anniversary in 2023.