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22 May 2012

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RI3K gets capital injection as discussions continue

8 July 2010

Carbon trading platform Climate Exchange Plc has ploughed a seven-figure sum into the electronic trading business RI3K, which is continuing efforts to secure its future, The Insurance Insider can reveal.

Climate Exchange - which is headed by industry entrepreneur Neil Eckert - has injected the capital into the loss-making business as it negotiates with the largest London market brokers over its future.

The former CEO of Brit Insurance and founder of the IFEX hurricane cat trading platform (see page 18)...

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