Victor appoints new country leader of Italian operations

Victor Insurance Holdings, a managing general underwriter (MGU), has appointed Matteo Bonfà as country manager for Victor Italia.

Bonfà succeeds Tony Cabot, who is retiring after 40 years in the insurance industry, including three years as country leader of Victor Italia. Cabot will remain with the company in a consulting role.

Bonfà will be based in Milan and report to Anthony Stevens, president of Victor International.

With a 20-year career in the insurance industry, Bonfà brings extensive underwriting expertise, particularly in the medical malpractice sector, first as an underwriter at Lloyd's of London, then as underwriting manager, general liability and Pharma, at QBE European Operations in Italy. Before joining Victor, he was chief executive officer and chief underwriting officer of US Underwriting Solutions.

Stevens said: “Matteo’s strong underwriting leadership and global perspective are well-matched with Victor Italia’s ambitious expansion plans. Technology and big data are revolutionizing the way the entire industry operates globally and Victor can play a crucial role in that digital transformation. I would also like to thank Tony Cabot for his tremendous contribution to Victor’s success in Italy.”

Bonfà said: "Victor is experiencing a period of exciting growth in Italy. This is a unique opportunity to join an organization with such a strong value proposition and bright future.”