Vanbridge: Vanbridge and GreensLedge launch joint venture and ALOC Facility

Vanbridge and GreensLedge have announced the formation of Convergence Point Solutions (CPS), their joint venture company. They have also announced the launch of its Alternative Letter of Credit (ALOC) Facility, which has been designed for companies that operate in industries that are required to post significant collateral for their Casualty insurance programs, thereby reducing their [...] The post Vanbridge and GreensLedge launch joint venture and ALOC Facility appeared first on ReinsuranceNe.ws.