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About
- SurancePlus: is a Web3-focused subsidiary that currently leverages blockchain technology to democratize access to high-return reinsurance contracts via digital securities. In its first offering, SurancePlus innovated upon Oxbridge Re NS’ existing product to issue digitized reinsurance securities that comply with
US Securities laws and offer greater investment flexibility.Oxbridge Re plans to expand the digital securities offered through SurancePlus into several new investment areas over the coming years. (https://suranceplus.com) Oxbridge Reinsurance Limited : A licensed reinsurer that provides reinsurance business solutions primarily to property and casualty insurers in theGulf Coast region ofthe United States .- Oxbridge Re NS: A licensed reinsurer that operates as a special purpose vehicle/side-car providing third-party accredited investors with access to reinsurance contracts with returns uncorrelated to the financial markets. This is done through the use of a participating note.
Oxbridge Acquisition Corp :Oxbridge Re is also the founding and lead investor of the sponsor ofOxbridge Acquisition Corp. (NASDAQ: OXAC), a special purpose acquisition company (“SPAC”), that recently completed its business combination with Jet.AI Inc , which currently trades under symbol “JTAI”.- The company’s ordinary shares and warrants trade on the NASDAQ Capital Market under the symbols “OXBR” and “OXBRW,” respectively.
Forward-Looking Statements
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the
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Company Contact:
345-749-7570
jmadhu@oxbridgere.com
Source:
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