ii-image-template-98-

1 August 2023Alternative Risk Transfer

Aon faces first client lawsuits on Vesttoo collateral fiasco

Global re/insurance broker Aon may face a series of lawsuits from disgruntled clients alleging the broker failed to protect them from reportedly fraudulent collateral deals organised by alternative risk transfer and insurance-linked investment platform Vesttoo.

Already registered?

Login to your account

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

article

Vesttoo looks to remove CEO after scandal, says ‘no plans to liquidate’

4 August 2023 Vesttoo considering removing CEO and another leader after placing them on forced leave.

Aon mines Ardonagh C-suite for chief broking role to navigate ‘volatility’

2 August 2023 The exec boasts 20 years’ leadership experience at Aviva, Marsh and Ardonagh.

Alternative Risk Transfer

Vesttoo cuts staff to ‘regain our footing’ from collateral fiasco

1 August 2023 The firm must ‘return its focus to core services’ and slash costs for survival.

More articles

Allianz Commercial flags rising nuclear verdicts on loss trends watchlist

Zurich may slash life segment reinsurance buys to hold more margin

Markel snags Aegis London underwriter to bolster marine cargo portfolio

ACORD taps London market specialist to guide growth strategy

Aon lifts long-serving insider for global data and analytics push

Zurich targets mid-market and specialty in commercial growth plan

RGA inks $4.1bn coinsurance transaction with Manulife’s John Hancock

Aon’s NFP boosts New York footprint with employee benefits acquisition

Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze