The latest insurance name added to the fast-growing U.S. team roster of Bermuda-based Aspen Insurance Holdings Ltd. belongs to 34-year veteran Mario Vitale, who is the "right choice in the current market," according to the group's chief executive.
John Cavoores, co-CEO of the insurance division of Aspen Insurance, believes the experience Mr. Vitale accumulated from prior soft-market battles gives Aspen an edge as it builds for the next market turn.
"He has made profits through market cycles, and that's exactly the kind of guidance we need to give our teams in the United States as they develop their plans going forward," Mr. Cavoores said of Mr. Vitale, who joins Aspen as president of Aspen U.S. Insurance from Zurich Financial Services, where he held the title CEO, Global Corporate.
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