Vantage bolsters insurance leadership team
Bermuda-based Vantage Group has built out its insurance leadership team with a former AXA XL leader and a Berkshire Hathaway Specialty senior vice president.
Kelly Bellitti has been appointed chief pricing and portfolio actuary and David Valzania has been named chief underwriting officer. Both will report to Alex Blanco, insurance chief executive.
In her expanded role, Bellitti will have strategic oversight of Vantage’s insurance portfolio management and continue to lead its insurance pricing actuary team. She will strengthen portfolio underwriting strategies in conjunction with underwriting leaders and in alignment with business goals. Working closely with the company’s data, analytics and technology team, Bellitti will drive underwriting and portfolio management.
In his role, Valzania will oversee the overall alignment of Vantage’s insurance and underwriting strategies. He will work closely with the group’s insurance leadership to support efficiencies and profitability and lead underwriting policy making, standards and governance.
Bellitti joined Vantage as senior vice president, chief pricing actuary of insurance in 2021. She previously held multiple leadership roles at AXA XL, most recently as global head of financial lines and cyber pricing. Bellitti began her career at Transatlantic Reinsurance and Guy Carpenter. She is also a fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries.
Valzania joins Vantage from Berkshire Hathaway Specialty Insurance where he was senior vice president of multinational. Before Berkshire, Valzania was at AIG, where he held several senior management roles, including president and CEO of the company’s Bermuda division. Before AIG, Valzania was a senior vice president at Marsh.
“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,” said Blanco, insurance chief executive.
“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.”
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