Vesttoo appoints insurance-linked programme portfolio manager
10 November 2021 US
Image: DIgilife/adobe.stock.com
Vesttoo has appointed Robert Hauff as portfolio manager for the alternative reinsurance and investment platform’s insurance-linked programme (ILP).
The platform is a marketplace for life, property and casualty insurance-based risk transfer and investments based on proprietary artificial intelligence-based technology.
This facilitates risk transfer between insurance companies and institutional investors to provide asset managers with insurance-linked investments.
In his new role, Hauff will be responsible for creating the investment strategy for Vesttoo’s ILP, which allows asset managers and pension schemes to earn long-term, sustainable alpha by pledging existing assets to support short- and mid-term life, property and casualty alternative risk transfer transactions.
He will also manage day-to-day operations of the programme and lead research into insurance-linked opportunities.
Hauff previously held the position of managing director of fixed income research at Wells Fargo Securities, where he was responsible for collaborating with investors, sales and trading to drive revenue through multiple business units and act as the firm’s insurance industry expert.
Commenting on the appointment, Yaniv Bertele, CEO and founder of Vesttoo, says: “We are thrilled to add Robert and his deep understanding of fixed income and capital markets. As a highly accomplished leader within the financial services industry, and an expert in leading growth initiatives, Robert will help Vesttoo bridge the reinsurance funding gap with our ILP programme.”
Hauff adds: “Vesttoo is the perfect opportunity for me — combining advanced technology with sound alternative investments. This is the future of the industry.”
“Vesttoo has been extremely successful at bringing together insurers and investors and expanding the alternative reinsurance market. I am excited to join their global team and help deliver results for our clients and industry partners.”
The platform is a marketplace for life, property and casualty insurance-based risk transfer and investments based on proprietary artificial intelligence-based technology.
This facilitates risk transfer between insurance companies and institutional investors to provide asset managers with insurance-linked investments.
In his new role, Hauff will be responsible for creating the investment strategy for Vesttoo’s ILP, which allows asset managers and pension schemes to earn long-term, sustainable alpha by pledging existing assets to support short- and mid-term life, property and casualty alternative risk transfer transactions.
He will also manage day-to-day operations of the programme and lead research into insurance-linked opportunities.
Hauff previously held the position of managing director of fixed income research at Wells Fargo Securities, where he was responsible for collaborating with investors, sales and trading to drive revenue through multiple business units and act as the firm’s insurance industry expert.
Commenting on the appointment, Yaniv Bertele, CEO and founder of Vesttoo, says: “We are thrilled to add Robert and his deep understanding of fixed income and capital markets. As a highly accomplished leader within the financial services industry, and an expert in leading growth initiatives, Robert will help Vesttoo bridge the reinsurance funding gap with our ILP programme.”
Hauff adds: “Vesttoo is the perfect opportunity for me — combining advanced technology with sound alternative investments. This is the future of the industry.”
“Vesttoo has been extremely successful at bringing together insurers and investors and expanding the alternative reinsurance market. I am excited to join their global team and help deliver results for our clients and industry partners.”
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