Aon secures TRO freezing Vesttoo US assets, warns of insurtech's “imminent collapse”

Published: Fri 11 Aug 2023

Aon’s White Rock Insurance (SAC) has secured a temporary restraining order (TRO) from a New York judge against Vesttoo and its subsidiaries, effectively freezing its US assets aside from $1mn of working funds in its Truist bank account for operational purposes after claiming the insurtech faces “imminent collapse”.