Continued departures from Vesttoo

Last week, we reported that several executives left reinsurance marketplace Vesttoo after the news broke that it allowed market participants to transact based on fraudulent letters of credit.

According to LinkedIn data, additional employees have since updated their profile page to reflect that they no longer work at the firm. These professionals are Consultant and Product Specialist Faraz Khan and CMO Jon Ewing.

Ewing joined Vesttoo only three months ago.

Business Insurance also reported that Clear Blue Insurance Group will no longer accept capacity via Vesttoo.