GreenStars was created in December 2009 when it obtained a license from Luxembourg’s insurance regulator to conduct credit risk insurance. In September 2017 GreenStars was licensed for surety business as well.
Motivation for the creation of GreenStars was to facilitate as specialised insurer a broader and more strategic interaction between the banking and the credit insurance industry. In addition to its own track record the company benefits from 20 years experience of credit risk distribution of its ultimate parent company. Also with the support from the reinsurance market GreenStars established an independent underwriting of credit risks.
Thomas Alamalhoda (Chair)
Charlotte du Plessis (CUO)
Dr. Paul Wollny (CEO)