Mr. Scott Carmilani is a Co-Founder and serves as Chairman at Vault Insurance. Previously, he served as President, Chief Executive Officer & Chairman of the Board at Allied World. He also is an Angel Investor. He was elected President and Chief Executive Officer in January 2004, became a director in September 2003, and was appointed Chairman of the Board in January 2008. Mr. Carmilani was, prior to joining the company as Executive Vice President in February 2002, the President of the Mergers & Acquisition Insurance Division of subsidiaries of AIG and responsible for the management, marketing, and underwriting of transactional insurance products for clients engaged in mergers, acquisitions or divestitures. Mr. Carmilani was previously the Regional Vice-President overseeing the New York general insurance operations of AIG. Before that, he was the Divisional President of the Middle Market Division of National Union Fire Insurance Company of Pittsburgh, which underwrites directors and officers liability, employment practice liability and fidelity insurance for middle-market-sized companies. Prior to joining our company, he held a succession of underwriting and management positions with subsidiaries of AIG since 1987.