Individuals Strikes: Vantage Promotes Bellitti as Chief Pricing & Portfolio Actuary, Names BHSI’s Valzania as CUO; AXA XL Promotes Bailey as Head of Skilled, Bermuda

This version of Worldwide Individuals Strikes particulars appointments at Vantage Group Holdings and AXA XL.

A abstract of those new hires follows right here.

Vantage Promotes Bellitti as Chief Pricing & Portfolio Actuary, BHSI’s Valzania Named CUO

Vantage Group Holdings Ltd. introduced the appointment of Kelly Bellitti as chief pricing and portfolio actuary and David Valzania as chief underwriting officer, efficient instantly. Valzania joins Bellitti on Vantage’s Insurance coverage management crew, and each will report back to Alex Blanco, insurance coverage chief government.

In her expanded function, Bellitti may have strategic oversight of Vantage’s insurance coverage portfolio administration and proceed to steer its insurance coverage pricing actuary crew. She’s going to strengthen portfolio underwriting methods together with underwriting leaders and in alignment with enterprise targets. Working carefully with the corporate’s Knowledge, Analytics and Expertise crew, Bellitti will drive data-empowered underwriting and portfolio administration.

Bellitti joined Vantage as senior vp, chief pricing actuary of insurance coverage in 2021. She beforehand held a number of management roles at AXA XL, most lately as international head of economic strains and cyber pricing. Bellitti started her profession at Transatlantic Reinsurance and Man Carpenter. She is a fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.

In his function, Valzania will guarantee the general alignment of Vantage’s insurance coverage and underwriting methods. He’ll work carefully with the group’s insurance coverage management to assist efficiencies and profitability and lead underwriting coverage making, requirements and governance.

Valzania joins Vantage from Berkshire Hathaway Specialty Insurance coverage the place he was senior vp of Multinational. Earlier than Berkshire, Valzania was at AIG, the place he held a number of senior administration roles, together with president and CEO of the corporate’s Bermuda division. Earlier than AIG, he was a senior vp at Marsh.

“I’m thrilled to welcome David to our crew, alongside Kelly and our succesful insurance coverage leaders. David’s and Kelly’s in depth expertise and confirmed monitor data will probably be instrumental in driving Vantage’s ten specialty insurance coverage companies to proceed to develop and succeed. Each Kelly’s and David’s roles are aligned with additional constructing our sustained profitability,” stated Blanco.

“Kelly’s broader obligations replicate her accomplishments and skill to make a bigger affect. Mixed with David’s underwriting experience, they are going to be a strong drive in reaching our strategic targets.” Blanco added.

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AXA XL Promotes Bailey as Head of Skilled, Bermuda

AXA XL has appointed Bermudian Michelle Bailey to the brand new function of head of Skilled, Bermuda.

Bailey, who stories to Noel Pearman, chief underwriting officer, Bermuda, of AXA XL’s Insurance coverage enterprise, has greater than 20 years of business expertise.

Within the new function, she is liable for main the Bermuda skilled strains underwriting crew, together with administrators & officers, employment practices legal responsibility (EPL), wage & hour (W&H), errors & omissions (E&O), and cyber strains of enterprise. Her obligations additionally embrace creating and successfully managing consumer relationships throughout all strains and overseeing the execution of technique to drive worthwhile development.

Previous to taking up the brand new function, Bailey was senior vp, product line chief for each the EPL and W&H protection strains.

Bailey holds twin Bachelor of Arts in Threat Administration and Finance levels from Temple College and has earned each a Registered Skilled Legal responsibility Underwriter (RPLU) designation and an Affiliate in Insurance coverage Knowledge Analytics (AIDA) designation. She is a acknowledged thought chief in her subject, often talking at varied worldwide business occasions, together with the latest PLUS NY convention. Past her skilled commitments, she contributes to the business as a board member of the Bermuda Basis for Insurance coverage Research.

“We’re happy and proud to have Michelle step into this new function. She is nicely revered inside the Bermuda market and past for her in depth experience in underwriting, specializing in a various portfolio primarily for Fortune 500 shoppers,” commented Pearman.

“Michelle and her crew play an instrumental function in AXA XL’s dedication to handle the prevailing and future threat administration wants of our giant business shoppers.”

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AXA XL