One Root reinsurer has potential Vesttoo exposure: CFO Binkley
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One Root reinsurer has potential Vesttoo exposure: CFO Binkley

Farhin Lilywala
August 03, 2023
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Root CFO Megan Binkley said that one reinsurer is “potentially impacted” by Vesttoo, but the InsurTech overall “has no direct relationship” with the failing Israeli ILS platform.

On a call with analysts, the executive continued, “The worst-case scenario for us for this particular reinsurer would be for us to exercise our right to commute the deals, and we believe that we could do that with a...

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Farhin Lilywala
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