Alterra Capital Holdings Limited announced that Stephen J. Vaccaro Jr., chief executive officer of Alterra Specialty, was presented with the Service to Industry Award by the Professional Insurance Wholesalers Association of New York State (PIWA).
This honor is awarded annually to an individual for strong commitment to and support of the excess and surplus lines industry.
In addition, Sonia Galvis, chief underwriting officer of Alterra Latin America, was recently presented with the Cesareo Jaimes Merit Award by Asociacion Colombiana de Tecnicos en Reaseguros (ACTER), the Colombian Association of Technical Reinsurance. This award recognizes outstanding professional achievement and is given to accomplished leaders of the insurance industry in Colombia.
W. Marston (Marty) Becker, president and chief executive officer of Alterra, said in a statement: "We congratulate Sonia and Steve for having been recognized by their peers for the extraordinary contributions they have made over the years in their respective markets and are proud that they are now key members of Alterra's leadership team. They both exemplify the personal and professional qualities that we value so highly at Alterra and that we believe help to make us a market of choice for our clients."
Alterra was formed on May 12 by the merger of Max Capital Group Ltd. and Harbor Point Limited. Alterra Capital Holdings is a global enterprise dedicated to providing diversified specialty insurance and reinsurance products to corporations, public entities, and property and casualty insurers.
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