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Aspen Adds Mario Vitale To U.S. Talent Roster

Bermuda-based Aspen Insurance Holdings Limited is positioning its U.S. specialty insurance operation for an inevitable market turn by hiring experienced professionals, according to CEO John Cavoores. Mario Vitale, an alumnus of Zurich and Willis, joined the Aspen leaderboard as president last week, bearing the battle scars of prior soft markets.

By Susanne Sclafane | Updated on March 11, 2011

Zurich Financial alumnus Mario Vitale took a spot on Aspen U.S. Insurance’s leaderboard as president last week, bearing battle scars of past cycles that give Aspen an edge as it positions for a turn, the group’s chief executive said.

John Cavoores, co-CEO of the insurance division of Bermuda-based Aspen Insurance Holdings Limited known as Aspen U.S. Insurance, said Mr. Vitale has “been through a number of market cycles” in 34 years in the business. “He has made profits through those cycles, and that’s exactly the kind of guidance we need to give our team in the United States as they develop their plans going forward,” Mr. Cavoores said.

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