Non-cat ILS platform start-up Vesttoo raises $6mn

Bernard Goyder

10 August 2021

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Insurance-linked securities marketplace Vesttoo has raised $6mn in funding, as the platform targets structuring $1bn of deals in its first 12 months.

The Tel Aviv-based business acts as a transformer, allowing traditional asset managers the chance to participate on collateralised (re)insurance transactions.

The

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Non-cat ILS platform start-up Vesttoo raises $6mn

Insurance-linked securities marketplace Vesttoo has raised $6mn in funding, as the platform targets structuring $1bn of deals in its first 12 months.

Fuel a smarter strategy with our actionable market intelligence

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Non-cat ILS platform start-up Vesttoo raises $6mn

Insurance-linked securities marketplace Vesttoo has raised $6mn in funding, as the platform targets structuring $1bn of deals in its first 12 months.

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Fuel a smarter strategy with our actionable market intelligence

Topics

Beazley secures $210mn with third PoleStar Re cyber bond

777 Partners alleges firm hired by LCP accessed its systems improperly

Allstate pegs August cat losses at $215mn post-tax

Opinion: Florida capital raising environment not in the clear yet

GC Securities to join broker line-up for ResRe bonds