One Root reinsurer has potential Vesttoo exposure: CFO Binkley
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

One Root reinsurer has potential Vesttoo exposure: CFO Binkley

Farhin Lilywala
August 03, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Root logo Ohio.jpg

Root CFO Megan Binkley said that one reinsurer is “potentially impacted” by Vesttoo, but the InsurTech overall “has no direct relationship” with the failing Israeli ILS platform.

On a call with analysts, the executive continued, “The worst-case scenario for us for this particular reinsurer would be for us to exercise our right to commute the deals, and we believe that we could do that with a...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

News Results Root InsurTech Earnings
farhin lilywala/farhin lilywala ii us.png
Farhin Lilywala
Section Editor, Distribution & Specialty
Contact
Gift this article