![MGA-vestoo-shadow.jpg](https://assets.euromoneydigital.com/dims4/default/db9e265/2147483647/strip/true/crop/840x538+0+0/resize/840x538!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fc1%2F61%2F8c9b760a4b09a397a0eea86eeab2%2Fmga-vestoo-shadow.jpg)
Vesttoo hit the fronting and MGA markets like a Category 5 hurricane last year after the ILS InsurTech posted fraudulent letters of credit (LOCs) as collateral.
Vesttoo hit the fronting and MGA markets like a Category 5 hurricane last year after the ILS InsurTech posted fraudulent letters of credit (LOCs) as collateral.