Vesttoo builds-out capital markets team with Rivas, Astrom & Vilhelmsen

Vesttoo, the insurtech that uses proprietary artificial intelligence and machine learning to help companies assess and transfer risks to the capital markets, has added three new hires to its capital markets team that bring a wealth of experience to the company.

Having recently hired experienced insurance-linked securities (ILS) executive Stefano Sola, who joined the company in the role of Global Head of Capital Markets, Vesttoo is now building out a team to work for Sola, to expand its reach into investor communities around the world.

Vesttoo, the insurtech that has a particular focus on non-catastrophe insurance-linked securities (ILS), has been expanding its team over recent months, with numerous senior hires.

These latest three bring year’s of capital markets distribution, structuring and also specific insurance-linked securities (ILS) expertise, as well as connections to institutional investors.

The first new joiner is Javier Rivas, who may be well-known by some in the insurance-linked securities (ILS) space given his time at both Credit Suisse ILS and Swiss Re working on life ILS opportunities.

Rivas becomes Vesttoo’s new Senior Director, Capital Markets EU and has also has held senior positions at Willis Towers Watson, Zurich, Generali and hedge fund Elliott Management Corporation, with more than 17 years of experience in capital markets and reinsurance.

Next to join is Marcus Astrom, a former head of sales Middle East & Asia at investment firm East Capital.

Astrom has more than 16 years of capital markets sales and distribution experience and becomes Vestoo’s new Director-Business Development Capital Markets, focusing on UAE and the Middle East.

Jan Vilhelmsen has also joined and becomes a Senior Director with responsibility for Capital Markets in northern Europe. Most recently he was a Managing Director at EWM Capital and has more than 20 years of capital markets sales experience.

“I am extremely pleased with the global team we are building,” Stefano Sola, Vesttoo’s Global Head of Capital Markets commented. “Javier, Marcus and Jan each have a deep understanding of the products and institutional investors that play in our capital markets space.

“They will continue to build on the momentum and high degree of interest that we are seeing for Vestoo’s alternative investment products. ILS is one of the few uncorrelated investment strategies, and developing its non-cat segments with the support of cutting-edge technology is a game-changer.”

“We have created a highly professional, highly experienced team to lead Vesttoo’s global sales,” added Yaniv Bertele, CEO and Co-Founder of Vesttoo. “While the market is experiencing a period of volatility, we move ahead. Jan, Marcus, and Javier bring a tremendous amount of professional knowledge to the table, and with it, they’ll surely propel Vesttoo’s growth.”

Vesttoo also recently announced the hire of Dan Dijak, who was most recently at AM RE Syndicates, as its Vice President of Insurance Markets in the US.