Stay updated with breaking news from Petr sramek. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Share this article TEL AVIV, Israel, Jan. 7, 2021 /PRNewswire/ Vesttoo is proud to announce that Longevitytech.fund, which invests in the most connected and prominent leaders in the longevity economy field, has joined Vesttoo as a shareholder through an equity investment. The investment demonstrates the importance of Vesttoo s technology, which harnesses the power of AI and machine learning to forecast and price long-tail risks such as longevity, excess mortality, lapse, as well as Value-in-Force (VIF) monetization and excess mortality Industry Loss Warranties (ILW) and transfer them to the capital markets. We are very happy to have Longevitytech.fund on board. Their investment is a huge vote of confidence for Vesttoo s revolutionary risk modeling technology. Taking advantage of AI-based technologies to assess, price and transfer risk to the capital markets is the best way to bridge the insurance industry s funding gap and face the industry s challenges, especial ....