Bermudian-based Vantage Group Holdings Ltd has bolstered its insurance leadership team with the appointments of Kelly Bellitti as chief pricing and portfolio actuary and Bermuda market veteran David Valzania as chief underwriting officer.

They will report to Alex Blanco, insurance chief executive.

In her expanded role, Ms Bellitti will have strategic oversight of Vantage's insurance portfolio management and continue to lead its insurance pricing actuary team.

The company said 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, Vantage added, Ms Bellitti will drive data-empowered underwriting and portfolio management.

She joined Vantage as senior vice-president, chief pricing actuary of insurance in 2021. Ms Bellitti previously held multiple leadership roles at Axa XL, most recently as global head of financial lines and cyber pricing.

In his role, the company said, Mr Valzania will ensure 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 policymaking, standards and governance.

Mr Valzania joins Vantage from Berkshire Hathaway Specialty Insurance where he was senior vice-president of multinational.

Before Berkshire, he was at AIG, where he held several senior management roles, including president and CEO of the company's Bermuda division. Before AIG, Mr Valzania was a senior vice-president at Marsh.

Mr Blanco said: “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.”