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 experience, having previously held the Chief Executive Officer (CEO) role at reinsurance giant Swiss Re.
He has also served as a senior financial adviser at Warburg Pincus LLC, as well as in leadership roles at JP Morgan in New York, London, and Paris.
Currently, Aigrain serves as Chairman of the Board of Singular Bank and LyondellBassell NV, and as a non-executive director of the London Stock Exchange Group, WPP PLC and Clearwater Analytics.
In his new role, he will chair the board of prominent experts on Vesttoo’s advisory board, which includes executives from across the global and regulatory insurance space, executive financial experts, and executives from the global business arena.
The experts are: Hedwige Nuyens; William Lowry; Steve M. Goldman; Joseph Haviv; Dr. Michel Léonard; Emmanuel Pierron; and Ari M. Paltiel.
Yaniv Bertele, CEO and Founder, Vesttoo, commented: “Vesttoo is honored to welcome an executive of Jacques’s calibre to lead its advisory board. Jacques’s extensive leadership experience spans the insurance and reinsurance sector and the capital markets, as well as corporate finance and governance.
“His expertise in these areas will be invaluable to Vesttoo as we continue on our mission to collaborate with both the insurance and capital markets to offer capital markets investors access to a wide range of insurance risks while providing liquidity and much needed capacity in the insurance and reinsurance sector.”
Aigrain said: “I am excited to take on the leadership of Vesttoo’s strong and diverse global advisory board and help the company build on its success in the alternative reinsurance market. I have been impressed with Vesttoo’s growth as it leverages advanced technology to bring together insurers seeking to transfer liabilities, which are not covered by traditional reinsurance, and capital market investors targeting insurance-related investments.”
