Reinsurance News

Stefano Sola to lead Vesttoo’s capital markets team

22nd June 2022 - Author: Matt Sheehan

Risk transfer and investment platform Vesttoo has announced the appointment of ILS industry veteran and investment executive Stefano Sola as its Global Head of Capital Markets.

In this role, he will lead a global team dedicated to capital raising and business development, while also working to partner with financial institutions, banks, investment banks, and funds.

Sola has experience in the international investment banking, asset management, and corporate sectors, as well as ground-up design, start-up, and management of new ventures, including licensed broker dealers and licensed investment advisors.

He is the former CEO and Co-Founder of Rewire Securities and Merion Square Capital and has also held senior roles at J.G. Wentworth and Swiss Re over his more than 25 years in industry.

Vesttoo praised Sola’s “in-depth understanding and development” of new corporate financing, capital raising, and investment strategies and implementation from both a corporate perspective as well as a banking and institutional investor one.

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In particular, Vesttoo has been focusing on non-catastrophe insurance-linked investments to provide insurers with additional capacity from the capital markets and investors with non-volatile asset classes.

“It gives me tremendous pleasure to announce the joining of Mr. Sola to our team,” said Yaniv Bertele, CEO and Co-Founder of Vesttoo. “His expertise and track record are second to none, and he is joining Vestoo at a crucial moment.”

“We are constantly reminded of the importance of Vesttoo’s role in allowing investors to diversify their portfolios. Mr. Sola’s extensive experience in international finance and his deep relationships with major global financial and insurance institutions will help us expand our abilities and make our product more readily available than ever.”

“It is extremely exciting to join Vesttoo at this time,” added Vesttoo’s Global Head of Capital Markets, Stefano Sola. “With the current financial atmosphere and potential recession on the horizon, they are only thriving and reaching new heights. I look forward to taking part in their ambitious vision and growth phase.”

As the Global Head of Capital Markets, Sola will be responsible for raising capital commitments for Vesttoo’s various products, including its flagship insurance-linked program (ILP)–an insurance-linked investment portfolio that securitizes Life and P&C insurance portfolios in standardized financial instruments.

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