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Insurance 2025: SCHIAVON, ALBERTO
CEO, ELEPHANT INSURANCE SERVICES, GLEN ALLEN
Virginia Business //September 2, 2025//
Charlottesville Richomond Maryland Wedding Photographer
Charlottesville Richomond Maryland Wedding Photographer
Insurance 2025: SCHIAVON, ALBERTO
CEO, ELEPHANT INSURANCE SERVICES, GLEN ALLEN
Virginia Business //September 2, 2025//
In April, the U.K.-based Admiral Group announced plans to sell Henrico County-based auto insurer Elephant Insurance to J.C. Flowers & Co., a New York-based private investment firm. Subject to regulatory approval, the deal is expected to close in the fourth quarter.
Schiavon, who has led the insurer since 2017, stayed on as CEO, continuing to oversee the insurer’s 500-plus employees. The partnership, he said in a statement, will allow Elephant to benefit from J.C. Flowers’ expertise, “which will play a critical role for the next phase of our growth strategy and add value for our customers, whilst maintaining our distinctive culture.”
Schiavon started at the Admiral Group in 2012 as an international pricing manager. The Italian executive has an MBA from the University of Manchester in England.
In 2024, Elephant Insurance reported a profit of about $18.7 million after reporting a loss of about $25.6 million in 2023.
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