Vesttoo fronting fallout extends to homeowners’ MGAs
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Vesttoo fronting fallout extends to homeowners’ MGAs

Farhin Lilywala, 
Fiona Robertson, Adam McNestrie
August 21, 2023
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Homeowners’ MGAs including Swyfft and Openly have exposure to Vesttoo fronts after Porch Group booked a charge for doubtful accounts in relation to the firm, sources have told this publication.

Swyfft is one of Clear Blue’s largest partners, writing nearly $135mn of premium of its $519mn portfolio in 2022, according to its NAIC annual statement.

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Topics

NewsProgram/MGUHomeowners' insuranceVesttoo
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Farhin Lilywala
Associate Editor
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Fiona Robertson
Editor, Insurance Insider
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Adam McNestrie
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