Reinsurance News

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

7th January 2022 - Author: Katie Baker

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 markets.

In his new role, he will oversee the execution of transactions between insurers and investors.

In addition, he will also assist with the asset raising process of the growing Vesttoo AUM and promoting Vesttoo’s high frequency, low severity insurance-liability investments in the market.

This hire follows a series of high-profile additions to Vesttoo’s team, aimed at the strategic expansion of the company’s marketplace and ILP program.

Yaniv Bertele, CEO and Co-Founder of Vesttoo commented: “We are thrilled to welcome Faraz to our team. He brings a wealth of experience and knowledge to the group.

“As a proven expert in capital markets and financial services, Faraz will spearhead the expansion of the ILP and additional investment vehicles.”

Khan added: “I am excited about the opportunity to work at Vesttoo and look forward to lending my experience in Insurance Linked Securities to navigate the unique challenges of my new role.

“I look forward to working with the team to deliver results to our clients and industry partners.”

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