Digital insurance risk transfer and investment platform Vesttoo has announced the hiring of capital markets executive Thomas Rose as its new Head of Capital Markets, North America.
Rose holds more than two decades of experience, having previously held key positions at Barclays Global Investors, BlackRock, and Neuberger Berman.
Before joining Vesttoo, he was the Co-Head of Distribution for 3iQ (US), a leading crypto asset firm in Canada that launched the first regulated crypto funds in North America.
Julia Henderson, Chief Commercial Officer at Vesttoo, commented, “I’m thrilled to be able to announce that Tom is joining our North American team.
“Tom’s extensive capital markets experience means he brings a deep understanding of the needs of institutional investors and is able to articulate why today’s market dynamics represent a fantastic opportunity for the ILS asset class.
“ILS represents an asset class capable of generating returns largely uncorrelated to movements in financial markets. Vesttoo’s drive to develop the non-cat segment of the ILS market with the support of our data-driven technology is a game-changer.
“I have no doubt Tom will continue to build on the momentum our North American and Global capital markets teams have already achieved.”
Rose himself added, “Institutional investors continue to be on the hunt for sensible yield enhancement opportunities.
“Vesttoo’s approach to the insurance risk transfer and the ILS asset class offers investors a diversified, uncorrelated yield without the excessive unpredictability of catastrophic risk strategies.
“Moreover with the technology that Vesttoo has created, investors are able to get a data-driven and transparent risk pricing view in a way that’s completely unique to the asset class.”
