Breaking News
Vesttoo Appoints Insurance and Banking Executive Gaurav Wadhwa as Chief Financial Officer
Vesttoo, a leading global alternative risk transfer and investment platform, announced today that it has appointed Gaurav Wadhwa, a former Prudential Financial executive, as its new CFO.
Mr. Wadhwa brings over 15 years of experience in financial services, insurance and capital markets. Over the past decade, he held several global leadership roles at Prudential Financial, including CFO of Asia (ex-Japan) and Head of US Finance & Analytics. Previously, Mr. Wadhwa worked at Goldman Sachs in investment banking, advising companies and boards in M&A and capital markets transactions across different verticals including insurance, banks, asset management, and financial technology.
“Gaurav is uniquely suited to spearhead Vesttoo’s finances,” said Yaniv Bertele, CEO and Founder of Vesttoo. “His experience and professional achievements speak volumes. He has a global mindset and an ability to lead complex financial processes. With Vesttoo’s rapid business expansion, we couldn’t ask for a better addition to our team.”
“I am delighted to join Vesttoo as CFO,” said Vesttoo’s CFO, Gaurav Wadhwa. “Their pursuit to bridge the insurance and capital markets couldn’t come at a better time. I am excited to support the Company in executing its strategic plan and accelerating its growth.”
As CFO, Mr. Wadhwa will build a global finance organization and oversee financial reporting, accounting, tax, treasury, financial planning and analysis, as well as investor relations.
Vesttoo operates an AI-based risk transfer marketplace, providing investors with access to insurance-linked assets in various financial instruments. Insurers benefit from increased capacity from capital market investors, opening up reinsurance options for underserved parts of the market. Earlier this year, Vesttoo announced that it intends to scale its deal flow significantly in 2022, providing more investment options for investors, along with risk transfer solutions for insurers.
Companies In This Post
- EXCLUSIVE: “Taking the Pain Out of Compliance” – Camillo Werdich, Sinpex in ‘The Fintech Magazine’ Read more
- Global Tech Leaders Unite to Propel Emerging Future-Critical Sectors at GITEX GLOBAL 2025 Read more
- U.S. Bank Leverages Gen AI for Banking Services Read more
- Two Thirds of Millennial Travellers Say Flexible Payments Are Their Deciding Factor When Choosing Airlines Read more
- Big Issue Partners With fumopay To Roll Out New Way for Vendors To Take Cashless Payments via Open Banking Read more
Solvrays and Penn River Partner to Transform Life & Annuities Back-Office Operations Through AI-Driven Orchestration
Solvrays, a leader in AI-powered workflow orchestration for insurance operations, today announced a strategic partnership with Penn River, a cloud-native life and annuities policy administration platform. Together, the two companies will help carriers eliminate back-office friction and accelerate key functions such as correspondence generation through intelligent automation.
DXC Launches Assure Broking Essentials: AI-Powered SaaS for Small and Mid-Sized Insurance Brokers
DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the launch of Assure Broking Essentials, an AI-powered, multi-tenant SaaS solution designed to simplify operations, accelerate transformation, and deliver superior customer service for small and mid-sized insurance brokers.
Kalepa and SECURA Insurance Announce AI Underwriting Partnership
Kalepa, the leader in AI underwriting software for commercial and specialty insurance, is proud to announce a new partnership with SECURA Insurance, a respected mutual insurer with a 125-year legacy of making insurance genuine and putting people and communities first.
Leading UK Insurtech Zego Extends Partnership with Clearspeed
Leading insurtech company Zego has renewed its partnership with Clearspeed, the global leader in voice-based risk assessment. The renewal underscores how two of the most innovative names in insurtech are working together to advance Zego’s award-winning claims management, with expanded applications across the motor insurance landscape.
Ex-Crystal & Co. CFO Launches Venture Fund to Modernize Insurance
Jonathan Crystal, a longtime insurance operator turned solo GP, today announced the close of Crystal Venture Partners $33 million Fund I. The firm brings deep domain expertise and high-conviction capital to back founders building the technology that powers insurance, risk, and resilience.
OpenDialog and Durell Announce Strategic Partnership to Bring AI-Powered Quote Journeys to Insurance E-trade
OpenDialog, the AI Agent platform built to transform customer journeys in insurance, today announced a strategic partnership with Durell, an established provider in the insurance software market.
Nearmap and Zurich Advance Property Underwriting with AI Integration
Zurich North America has partnered with Nearmap to integrate AI-powered property intelligence and high-resolution aerial imagery directly into its U.S. Middle Market underwriting systems. The collaboration is designed to help Zurich underwriters assess risk more efficiently and tailor coverage with greater precision.
EXCLUSIVE: “Taking the Pain Out of Compliance” – Camillo Werdich, Sinpex in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Global Tech Leaders Unite to Propel Emerging Future-Critical Sectors at GITEX GLOBAL 2025
With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding, from the possibility of curing genetic diseases to transforming urban mobility or enabling green data centres. With the global AI market set to reach $4.8 trillion by 2033 (UNCTAD), the race to deploy AI for critical sectors has never been more urgent. Against this backdrop, GITEX GLOBAL 2025 convenes as the world’s largest tech and AI event, with this year’s edition highlighting significant developments in biotech, physical AI, quantum computing, semiconductors, and data centres.
U.S. Bank Leverages Gen AI for Banking Services
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Two Thirds of Millennial Travellers Say Flexible Payments Are Their Deciding Factor When Choosing Airlines
New research commissioned by Affirm, the payment network that empowers consumers and merchants with flexible and transparent payment options, reveals that payment flexibility is now one of the most important factors influencing travellers when booking flights and holidays.
Big Issue Partners With fumopay To Roll Out New Way for Vendors To Take Cashless Payments via Open Banking
Big Issue has partnered with open banking payment provider fumopay to offer its vendors an innovative new way to take cashless payments.
Spend Crypto at 700,000 Merchants in SA Using Luno Pay
Together with Scan to Pay’s 650,000 merchants and Luno Pay’s existing network of over 30,000 merchants, this expansion unlocks access to major household retailers, including Checkers, Makro, Vodacom, and Shoprite, bringing crypto payments into the mainstream and marking a major step for cryptocurrency adoption.
More Rewards, More Flexibility: PayPal Introduces 5% Cash Back on Buy Now Pay Later Purchases this Holiday Season
PayPal has announced that U.S. customers will earn 5% cash back on PayPal Buy Now Pay Later (BNPL) purchases between now and the end of the year1. As 60%2 of shoppers feel more financial stress heading into this holiday season, PayPal, one of the leading BNPL providers worldwide, is helping to make it easier to manage spending this holiday season.