Vesttoo Bermuda P&C entity to be liquidated
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Vesttoo Bermuda P&C entity to be liquidated

Thorsten Schier
09 August 2023
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The Bermuda Monetary Authority has appointed joint liquidators Charles Thresh and Michael Morrison of Teneo for Vesttoo Alpha P&C Ltd, a Bermuda entity of the beleaguered InsurTech, according to a notice.

“As part of Vesttoo's business focus moving forward after the recent events, the company's management has decided to focus its activities on a limited number of high-quality and large markets,” the InsurTech said in a statement regarding the liquidation.

“As...

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Thorsten Schier
Managing Editor, Insurance Insider ILS
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