General Vesttoo’s Bermuda entity in liquidation The collateralised insurer has been identified as being at the centre of the insurtech’s operations Aug 08, 2023
General Vesttoo: we followed KYC procedures Troubled start-up is looking for investors to replace possibly bad collateral Aug 08, 2023
Reinsurance Hiscox to offer US insurance capacity with FloodFlash They support the market appetite for parametric catastrophe cover Aug 07, 2023
Reinsurance Shake-up at the top of Vesttoo over growing scandal Senior managers of the company are put on paid leave as the company seeks to resolve a growing scandal over alleged fraudulent letters of credit Aug 03, 2023
Reinsurance Fintech company slashes 75% of jobs The Bermuda office, and four others, appear to have survived the round of cuts Aug 01, 2023
General Vesttoo and Clear Blue scramble to calm market The troubled platform offers assurances, but key questions remains unanswered Jul 28, 2023
General AM Best examining collateral due to ‘Vesttoo situation’ Ratings of one insurer with exposure to the insurtech have already been placed on review Jul 26, 2023
General Bermuda monitoring Vesttoo troubles The island’s monetary authority says it will take action if needed Jul 21, 2023
General Bermuda at centre of brewing Vesttoo collateral storm Fake Chinese letters of credit are the latest twist in the insurtech drama Jul 20, 2023
General Insurtech with Bermuda entity at core faces collateral issues Vesttoo says transaction inconsistencies have been found, but insists there is no fraud Jul 19, 2023
Reinsurance Former Inver Re CEO Hearn new chairman of Placing Platform Mr Hearn, whose departure from Inver Re was announced last week, succeeds Bronek Masojada who will step down at the end of the month Jul 11, 2023
Reinsurance Nayms claims an industry first Company announces the issuing of the world's first crypto-denominated industry loss warranty through the second segregated account or “cell” within its marketplace Jul 06, 2023