Vermont Mutual, headquartered in Montpelier, Vermont, named company president Mark J. McDonnell as chief executive officer.
McDonnell first joined Vermont Mutual as senior vice president in 2014. He was named executive vice president and chief operating officer (COO) in 2015 and named president in April 2024.
McDonnell replaces retiring CEO and board chair, Daniel C. Bridge, whose career in the property/casualty business spanned over 40 years. Bridge will continue to play an integral role on the group’s board of directors.
Brody N. Gilbert, currently senior vice president of finance and operations, was named executive vice president and COO.
DeCotis Specialty Insurance, headquartered in Providence, Rhode Island, hired Chris-Michael Carangelo as a commercial lines broker.
Carangelo began his insurance career in 1990 and most recently served as a territory management consultant with EMC Insurance Companies. Previous roles include business development manager at PMC Insurance Group and senior marketing representative at Berkshire Hathaway Homestate Companies.
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