Vesttoo confirms investigation and exits after report of alleged billion-dollar fraud

Vesttoo has confirmed an internal investigation has uncovered “inconsistencies between an investor and a cedant” in transactions it was involved in and acknowledged there have been a number of management exits as it responded to a report claiming the insurtech is facing an alleged billion-dollar fraud.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7540 000929

spencer.halladey@wbmediagroup.com

    Andy Stone

    Sales manager

    +44 (0) 7834 843176

    andy.stone@wbmediagroup.com