Reinsurance Vesttoo wins bankruptcy breathing room, holds staff blameless Courts in New York and Tel Aviv have removed temporary restraining orders on the company’s accounts Aug 17, 2023
Reinsurance Court challenges Vesttoo in Chapter 11 Company says it sought bankruptcy protection but it does not intend on liquidating the company Aug 15, 2023
International Business Fifth annual Tech Summit set for October The summit is the signature event of Bermuda Tech Week, which is being held from October 7 to 13 Aug 14, 2023
Reinsurance Vesttoo isolates source of its crisis The company will pursue legal action where necessary and take steps to recover damages Aug 11, 2023
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
