Maiden Holdings, Ltd. (NASDAQ: MHLD) ("Maiden") today announced the formation of Genesis Legacy Solutions (“GLS”). GLS will specialize in providing a full range of legacy services to small U.S. insurance entities, particularly those in run-off or with blocks of reserves that are no longer core, working with clients to develop and implement finality solutions including acquiring entire companies. The Genesis team will be led by Brian Johnston as Chief Executive Officer and Chief Financial Officer, joined by Tom Hodson as Deputy CEO and General Counsel and Stephanie Mocatta, Executive Vice President, leading GLS’s business development. The GLS team has extensive experience in the finality and legacy solutions segment, most recently at SOBC DARAG, and specializes in solutions oriented for smaller insurance companies.
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