Altium Insurance Team

Jeff Coluccio is the President of Product Development at Altium Insurance Services and is a seasoned Surplus Lines Professional. Jeff oversees the design, risk assessment, underwriting, and distribution of specialty insurance and risk mitigation products that serve both the life and property and casualty insurance markets.

Jeff’s leadership is credited with the creation and introduction of several proprietary, industry-leading life and property & casualty insurance products that are underwritten through the Lloyds of London Marketplace and several US-based insurance carriers. His insurance work focuses primarily on the comprehensive risk reduction of investment vehicles that are purchased by both individuals and financial institutions.

Jeff’s impressive client base of hedge funds, family offices, financial institutions, and high net worth individuals is a testament to his professionalism and exceptionally thorough work. He has been interviewed by multiple industry publications, served as a panel speaker for events that focus on innovation within the insurance industry and has represented the interests of insurance carriers both domestic and abroad.

Jeff started his career in finance at a top US hedge fund. He is a licensed property & casualty surplus lines professional and holds a degree in Finance from St. Joseph’s University in Philadelphia.

Jeff Coluccio
President of Sales and Product Development

Simon Baitler

Simon Baitler
Managing Director

A Senior Executive with over forty years in the Insurance Industry, nineteen of them with Transamerica Life Companies, Mr. Baitler rose to the level of Chief Operations Officer for Transamerica Life Insurance and Annuity Company in 1978. He was responsible for the Group Life and Health Division and turned it around from operating at a loss to a profitable business that was sold to Provident Life and Accident. He then served in several senior management and board positions, lastly as Executive Vice President and Chief Administrative Officer for the Transamerica Life Companies.

Mr. Baitler was responsible for a number of Transamerica Life Companies’ special ventures including: a mass marketing company, a broker dealership, a structured settlements operation and an insurance operation in New York. In addition, he was responsible for the Company’s Mergers and Acquisitions function and its Corporate Asset/Liability Management Division. During his management of the Merger and Acquisition function, Transamerica successfully divested itself of its group life and health insurance operations and its Australian subsidiary. When Mr. Baitler left Transamerica he was a member of the Executive Committee of the boards of all the Life Insurance Companies.

Prior to joining Altium Insurance Services, Mr. Baitler started a consulting firm where he acted as Strategic Advisor to National Insurance Carriers, guiding their Senior Executives in articulating a vision and a prioritized strategy to achieve that vision. He successfully assisted his clients in implementing the appropriate external elements of those strategies, which then led to significant mergers, acquisitions and divestiture opportunities, with a focus on alternative distribution organizations.

Mr. Baitler has served as an Operating Director of Arsenal Capital Partners as well as a board advisor to portfolio companies. Born in New York, Mr. Baitler received his Bachelor’s degree in Mathematics from Union College in New York. He has been a Fellow of the Society of Actuaries and a Member of the American Academy of Actuaries.

Michael Monteleone is Vice President of Operations for Altium Insurance Services.  As head of operations, Michael and his staff are responsible for customer service, administration, insurance policy quotation and fulfillment, and field underwriting.

In addition to his day to day responsibilities, Michael is an integral part of Altium’s marketing efforts.  His industry expertise has enabled him to develop unique sales and marketing strategies, as well as distribution channels, that have enabled Altium to expand its product and service offering to clients across the United States.

Early in his tenure at Altium, Michael has fulfilled various positions across Altium’s operating divisions and has participated in such disciplines as product research and development, risk assessment, loss ratio analysis, underwriting, and transaction negotiation.

Michael handles a large portion of Altium’s sales and customer relations as well.  He is also the point of contact for all of Altium Insurance Services’ Insurance Carriers and P&C Broker Network.

Michael is a licensed property and casualty producer, and also a surplus lines producer.  He holds a Bachelors Degree in Journalism from Penn State University.

Michael Monteleone
Vice President of Operations