Reinsurance News

Vantage expands Insurance Leadership Team with key appointments

25th July 2024 - Author: Taylor Mixides -

Share

Vantage Group Holdings Ltd. (Vantage), an insurance and reinsurance company, has strengthened its Insurance Leadership Team with two key appointments.

Kelly Bellitti has been appointed Chief Pricing and Portfolio Actuary, while David Valzania has taken on the role of Chief Underwriting Officer.

These appointments are effective immediately, with both Bellitti and Valzania joining the Insurance Leadership Team and reporting to Alex Blanco, the Insurance Chief Executive.

In her new role, Bellitti will oversee the strategic management of Vantage’s insurance portfolio and continue leading the insurance pricing actuary team.

She will refine portfolio underwriting strategies in collaboration with underwriting leaders, ensuring they align with business goals.

Additionally, Bellitti will work closely with the data, analytics, and technology teams to enhance data-driven underwriting and portfolio management.

She joined Vantage in 2021 as Senior Vice President and Chief Pricing Actuary for Insurance. Prior to this, she held various leadership roles at AXA XL, where she most recently served as Global Head of Financial Lines and Cyber Pricing.

Her career began at Transatlantic Reinsurance and Guy Carpenter. Bellitti is a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries.

Valzania, in his new role, will oversee the alignment of Vantage’s insurance and underwriting strategies. He will work closely with the insurance leadership team to enhance efficiency and profitability, and he will spearhead the development of underwriting policies, standards, and governance.

He joins Vantage from Berkshire Hathaway Specialty Insurance, where he was Senior Vice President of Multinational. Prior to this, he held several senior management roles at AIG, including President and CEO of the Bermuda division. Valzania also served as a Senior Vice President at Marsh earlier in his career.

Blanco commented: “I am thrilled to welcome David to our team, alongside Kelly and our capable insurance leaders. David’s and Kelly’s extensive experience and proven track records will be instrumental in driving Vantage’s ten specialty insurance businesses to continue to grow and succeed. Both Kelly’s and David’s roles are aligned with further building our sustained profitability.”

“Kelly’s broader responsibilities reflect her accomplishments and ability to make a larger impact. Combined with David’s underwriting expertise, they will be a powerful force in achieving our strategic goals.”