Reinsurance News

Vesttoo

Vesttoo names Dan Dijak as Vice President of Insurance Markets in the US

30th June 2022

Leading digital insurance risk transfer and investment platform, Vesttoo, has appointed insurance business executive Dan Dijak as its new Vice President of Insurance Markets in the United States. Within this role he will be in charge of new business development, as he will be working with new clients to help them ... Read the full article

Stefano Sola to lead Vesttoo’s capital markets team

22nd June 2022

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, ... Read the full article

Prudential’s Gaurav Wadhwa joins Vesttoo as CFO

17th May 2022

Alternative risk transfer and investment platform, Vesttoo has appointed Gaurav Wadhwa, former Prudential Financial executive, as its new Chief Financial Officer (CFO). Within his new role as CFO, Wadhwa will help build a global finance organization, as well as overseeing the company's financial reporting, accounting, tax, treasury, financial planning and analysis, ... Read the full article

Vesttoo adds David Schonbrun and Daniel Goldfried to its legal department

12th May 2022

Risk transfer and investment platform Vesttoo has expanded its legal department by hiring David Schonbrun and Daniel Goldfried as its respective chief legal officer and its deputy chief legal officer. As chief legal officer, Schonbrun will be responsible for all legal and regulatory aspects of Vesttoo‘s global operations, as well as ... Read the full article

Vesttoo appoints Sanjiv Sobti to advisory board

8th April 2022

Alternative reinsurance and investment platform, Vesttoo has appointed corporate finance expert Dr. Sanjiv Sobti to its advisory board. Sobti has over 35 years of experience in his career on Wall Street, and is known for serving as a key advisor to managements and boards on strategic business combinations, and critical capital ... Read the full article

Lloyd’s syndicate uses Vesttoo’s marketplace for agg stop-loss transaction

14th March 2022

Vesttoo, an AI-based insurance-linked investment platform, continues to expand its risk-agnostic offering and P&C liabilities focus, with this news of a transaction for a large Lloyd’s syndicate in the UK that wished to place an aggregate stop-loss transaction covering multiple perils, with total subject gross net written premiums of $270 ... Read the full article

Vesttoo appoints General Managers across Europe, South Korea, UAE

3rd March 2022

Vesttoo, an AI-based insurance-linked investment platform, has expanded its global leadership team to include key industry veterans who will manage the company’s offices in London, Seoul, as well as Dubai. The executives include the former CEO of Allianz Global Corporate and Specialty UK, former CEO of AIG Korea, and a former ... Read the full article

Vesttoo & Corinthian Re launch non-catastrophe insurance investment-grade fund

9th February 2022

Alternative Reinsurance and Investment platform, Vesttoo, has partnered with Corinthian Re to launch VESCOR, which will offer the world's first non-catastrophe insurance investment-grade feeder fund. The new strategic partnership has been designed to offer institutional investors rated notes securitising "dozens" of underlying property and casualty (P&C) reinsurance transactions. The pair explained that ... Read the full article

Vesttoo names Swiss Re’s Faraz Khan as ILP Product Specialist

7th January 2022

Alternative Reinsurance and Investment platform, Vesttoo has appointed Faraz Khan as an Insurance-linked Program (ILP) Product Specialist. Most recently serving as the Vice President of Insurance Linked Securities and Retro Business Management at Swiss Re Capital Markets Corp, Khan brings over 10 years of experience in risk transfer to the capital ... Read the full article

Vesttoo receives $15mn in Series B funding round

22nd November 2021

Alternative Reinsurance and Investment platform, Vesttoo has announced its $15 million Series B equity investment from Mouro Capital and MS&AD Ventures, the corporate venture capital fund of Japan-based MS&AD Insurance Group Holdings. The Series B round, which comes just three months after Hanaco Ventures led the company's Series A round, will ... Read the full article

Vesttoo adds Wells Fargo’s Hauff to ILP team

9th November 2021

Alternative reinsurance and investment platform Vesttoo has appointed Robert Hauff as the Portfolio Manager for its Insurance Linked Program (ILP). Hauff brings over two decades’ experience to the role and formerly served as the Managing Director of Fixed Income Research at Wells Fargo Securities. "We are thrilled to add Robert – one ... Read the full article

Vesttoo names former Swiss Re CEO Aigrain as Chairman of the Advisory Board

27th October 2021

Vesttoo, a technology firm that leverages proprietary artificial intelligence and machine learning solutions with the goal of helping companies assess and transfer risks to the capital markets, has hired Jacques Aigrain as Chairman of the Advisory Board. Aigrain is an insurance, reinsurance, and capital markets veteran with nearly three decades of ... Read the full article

Vesttoo hires Daniel Butzbaugh as VP of catastrophe markets

22nd September 2021

Vesttoo has appointed Daniel Butzbaugh as Vice President, Catastrophe (CAT) Markets. He joins Vesttoo from Stonybrook Capital where he was Vice President and Head of the Industry Loss Warranty (ILW) Desk. Butzbaugh brings over 20 years’ experience in the re/insurance-linked investment sector. Prior to Stonybrook, he worked in reinsurance, insurance-linked investment and ... Read the full article

Innovative approaches to insurance-linked investments: Register for live webcast

2nd September 2021

Artemis, our insurance-linked securities (ILS) focused sister site, has partnered with Vesttoo to bring you another live webcast. This time, the discussion will focus on opportunities to access high frequency, low severity Life and Property & Casualty (P&C) insurance asset classes. Register online here to secure your place ... Read the full article

Hedging the next pandemic: Register for live webcast

19th May 2021

Our insurance-linked securities (ILS) focused sister site, Artemis, has partnered with Vesttoo to explore opportunities to hedge the next global pandemic via the use of parametric risk transfer, enabled by advanced data and technology. Register online here to secure your place at this free live webcast event. Following ... Read the full article