Arbella Insurance Group co-founder celebrates one hundredth birthday

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Arbella Insurance Group co-founder celebrates one hundredth birthday




Arbella Insurance Group co-founder celebrates one hundredth birthday | Insurance Business America















Frank Bellotti is a staunch advocate for public service and group engagement

Arbella Insurance Group co-founder celebrates 100th birthday

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On May 9, a joyous event took over the foyer of Arbella Insurance Group in celebration of the one hundredth birthday of its co-founder and vice chairman, Frank Bellotti (pictured proper).

Hundreds of workers, well-wishers and relations gathered collectively to fete Bellotti on this milestone. Bellotti, a local of Quincy, Massachusetts, who has over seven a long time of expertise within the public sector, is a fierce purveyor of public service and group engagement, beforehand working because the state’s Attorney General and as a subsequent lawyer.

Making the perfect out of a tough market

Bellotti performed a pivotal function in forming Arbella — a regional property and casualty insurance coverage firm servicing the New England space — within the Nineteen Eighties, in lieu of Kemper Insurance Group’s saying its intentions to exit the Massachusetts auto market.

“Fix and establish” premium charges and excessive residual market modifications led to stricter capability within the space, in addition to the exit of many main nationwide carriers. At the time, Kemper was the third largest auto insurance coverage author within the state, and its withdrawal would have a seismic influence for brokers and insureds alike.

Kemper proposed a $100 million plan to fund a alternative firm, with Arbella — then in personal apply — becoming a member of forces with John Donahue, a former assistant lawyer normal, to get the right laws handed to not penalize Kemper’s different insurance coverage divisions because of its exit.

As a consequence, Arbella was born, and has since grown to turn out to be a virtually $1 billion per yr insurance coverage firm and one of many largest corporations within the state.

Bellotti remains to be actively working with the agency as vice chairman and might be seen going into the workplace a number of instances per week to mingle with colleagues and full his duties.

A devotion to the folks of Massachusetts

In 1962, Bellotti was elected because the Lieutenant Governor of Massachusetts earlier than serving three phrases because the state’s Attorney General, from 1975-1987.

Throughout his tenure in workplace, Bellotti was honoured by the National Association of Attorney Generals twice. He was later awarded the President Lifetime Achievement Award from the affiliation for his lifelong service and steadfast dedication to the lawyer normal group.

A momentous celebration

A spirited rendition of “Happy Birthday” resounded via the workplace’s halls throughout this birthday festivity, whereas confetti and celebration hats illuminated the area with a technicolor pleasure.

A triple-layer cake by George Montilio, a neighborhood pastry chef and proprietor of Montilios Bakery in Quincy, was created particularly for Bellotti as an emblem of gratitude for his immense contributions to the group.

In different information

In different Arbella information, the corporate lately appointed Robin Jones as government director of its charitable arm, the Arbella Insurance Foundation.

Jones succeeded Beverly Tangvik, who retired on March 31.

With 18 years of expertise in consulting, Jones has led an unbiased consulting apply that supplied advisory and technique companies to a mixture of non-profit organizations and funders. She has additionally served as a employees member and director on non-profit boards.

“I am thrilled to welcome Robin to Arbella and have her continue to build on the excellent work we have done in our communities over the last 18 years,” mentioned Donahue, the president and CEO of Arbella Insurance Group.

“During her tenure as president of the foundation, she has overseen millions of dollars in charitable donations to several hundred different charitable organizations annually, and her impact on the culture of the foundation cannot be understated.”

In response to her appointment, Jones mentioned, “I wish to thank John and the board for his or her confidence in me. I’m each honored and excited to have the chance to work with such a proficient management workforce, workers and brokers.

“As we look ahead, the foundation’s mission remains the same: to support non-profit organizations and causes that provide services to individuals in need. Together, we will continue to grow and strengthen our local communities.”


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