Vesttoo was offering $100mn+ lines on IP deals
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Vesttoo was offering $100mn+ lines on IP deals

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Vesttoo was offering major line sizes of $100mn or more for intellectual property (IP) transactions, which will create a challenge for buyers and brokers in the emerging line of business to swap out their participation, sources have said.

The IP business is still new and dominated by a small group of insurers, although it is understood a broader pool of around 20 insurers will participate on lending-related transactions.

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