New York (Dec. 7, 2020) – Extraordinary Re, an InsurTech that developed the first trading platform for insurance liabilities, today announced that Joseph Rosen joined the leadership team as Executive Vice President – Capital Markets.

Rosen has more than 30 years of experience in electronic trading and capital markets. In a prior role, Rosen served as Managing Director, Trading Technology and Head of Technology Marketing at the New York Stock Exchange. “There is nobody smarter in the electronic trading industry than Joe,” said Lee Van Slyke, Extraordinary Re, CEO.

Extraordinary Re’s platform for trading insurance liabilities is the natural evolution of Insurance Linked Securities. By creating new ways to transfer risk from the insurance industry to the capital markets, !Re deals with the limitations of cat bonds, and furthers the integration of insurance and capital markets.

Rosen holds an MBA from Columbia University and a Masters and Doctoral Candidacy in political science from Stony Brook University; is editor of The Handbook of Electronic Trading and five other books, and has lectured globally.

About Extraordinary Re [!Re]: Extraordinary Re’s platform for trading insurance liabilities is the natural evolution of ILS [Insurance Linked Securities]. !Re transforms the ways the capital markets take insurance risks just as platforms have already transformed energy and currency markets. With the firm’s two patents, !Re benefits all participants in the respective markets’ value chains, from a new non-correlated asset class for institutional investors and traders, to ameliorating the protection gap for policy holders, to providing new tools for risk and capital management for insurance and reinsurance companies.

Follow on LinkedIn: https://www.linkedin.com/company/extraordinary-re

Contact: Lee.VanSlyke@XReHoldings.com