Vesttoo takes ‘painful decision’ to terminate some staff’s contracts
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Vesttoo takes ‘painful decision’ to terminate some staff’s contracts

vesttoo logo generic plain background 2023.png

Embattled ILS InsurTech Vesttoo has taken the “painful” decision to let go some of its employees as it looks to steady its course following allegations of fraud.

The company became engulfed in controversy last month when problems emerged relating to letters of credit (LOCs) used as collateral in some of its transactions.

Vesttoo’s

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article