Insurance Advisory Partners, the investment bank focused exclusively on the insurance, insurance services and the insurtech industry, announces the appointment of veteran investment banker Lou Caltavuturo as a Partner in the U.S.. Based in New York, he will focus on broker / insurance distribution M&A and capital raising and report to Co-founder & CEO, Tony Ursano.
During his decades-long career, Caltavuturo has completed hundreds of M&A, capital raising and lending transactions for insurance industry clients nationwide. He joins from Sica Fletcher, where he served as Managing Director. Prior to that, he was President of Vantage Insurance Partners, a private equity-backed insurance brokerage investor which he co founded in 2020. Caltavuturo also previously spent 15 years at Dowling Hales where, as Partner and Managing Director, he represented primarily brokers in sell-side transactions. He has also held senior roles at Fox Pitt, Kelton, working on M&A and equity transactions exceeding $10 billion as well as at Deutsche Bank as a commercial lender to the insurance sector.
Ursano said: “Lou brings to IAP extensive experience and expertise in insurance and insurance services M&A and capital raising. Consistent with IAP’s approach and distinct culture, Lou is focused on building long-term relationships and always putting his clients’ interests first. Lou also shares our relentless dedication to providing amazing client experiences through advice that produces superior client outcomes. It gives me great pleasure to welcome him to the team.”
Joe Plumeri, Chairman of IAP, said, “When you combine Lou’s track record in insurance distribution with IAP’s substantial experience and expertise in the sector, IAP will become the advisor of choice to this segment of the market. We look forward to working closely with Lou to significantly expand our insurance brokerage and distribution advisory business.”
Caltavuturo said: “I am thrilled to be joining Insurance Advisory Partners at such an exciting stage in its growth. I have long admired Tony’s vision for building a world class advisory firm with unmatched industry expertise. I look forward to working closely with the team across New York and London to enhance the already outstanding client experience at the heart of IAP’s value proposition.”
