zIngenuity Establishes zInsureRe Inc.

zIngenuity, a provider of risk management and loss mitigation services for mortgage lenders and servicers, has established zInsureRe Inc., a Cayman-based Reinsurance Company. The company has been formed to expand and complement zIngenuity’s existing mortgage analytics and risk consulting service offerings to clients with a vehicle for tailored reinsurance solutions. “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,” said David Reber, president and CEO of zIngenuity Inc. "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.”