Aspida Names Alex Seidita as Chief Information Officer

Seidita brings over three decades of IT leadership experience to tech-forward insurance carrier

DURHAM, N.C.--(BUSINESS WIRE)--Aspida Holdings, Ltd., through its subsidiaries (collectively “Aspida”), announced today the appointment of Alex Seidita as Chief Information Officer (CIO). Seidita succeeds Joe Lurie, who has served as Aspida’s CIO since it inception. Lurie will retire at the end of the 2023.

“On behalf of the Aspida family, we want to congratulate Alex and recognize the significant contributions Joe made with regards to the launch, evolution, and establishment of Aspida’s innovative technology platform,” said Lou Hensley, Chief Executive Officer of Aspida Holdings, Ltd. “Through Joe’s leadership, Aspida built its groundbreaking digital annuity platform and set the company on a solid path for future innovation and success. We wish him the very best.” Seidita and Lurie will work closely together over the next few months to ensure a smooth transition before Lurie’s retirement.

Seidita is a seasoned IT professional with three decades of experience in leadership and strategic development of IT systems. In his role, he will oversee Aspida’s digital platform architecture and development, infrastructure, application development, data analytics, and IT services, among other initiatives.

“We are pleased to welcome Alex to the Aspida leadership team,” said Lou Hensley. “His deep understanding of IT at a global level will be invaluable to our team as we continue to grow and expand our services. We are a tech-driven company focused on advancing our digital influence, and we believe Alex is the right fit for the job.”

Seidita brings significant domestic and international leadership acumen to the role. He joins Aspida from MetLife where he held several senior leadership roles as a Senior Vice President, including: Data Operations and Shared Services for the Global Data & Analytics group; CIO, Latin America IT; and Global Chief Technology Architect. In these roles, he managed teams as large as 900 people, covering a diverse geographic footprint.

“I am excited to be joining the Aspida team at such a pivotal time,” said Seidita. “Aspida has built a solid technology foundation in an industry that has typically fallen behind the digital revolution, and I am honored to lead the team as we expand and advance the value we offer to our partners and clients.”

Seidita previously held roles in software engineering, consulting, and technical leadership throughout his extensive career. He is a graduate of the Florida Institute of Technology and will be based out of the Aspida headquarters in Durham, North Carolina.

About Aspida

Aspida Holdings Ltd., through its subsidiaries (collectively “Aspida”), is focused on providing retirement and reinsurance solutions, having operations in the U.S. and Bermuda with total assets of $10 billion as of June 30, 2023. Aspida, through its U.S. platform – Aspida Life Insurance Company – is focused on leveraging technology and agility to help clients achieve – and protect – their dreams. Its Bermuda-based reinsurance platform, Aspida Life Re, is focused on providing efficient and secure life and annuity reinsurance solutions to global clients. Aspida seeks to be a trusted partner in its clients’ financial security while driving its growth by doing good for the communities it serves. Aspida is backed by Ares Management Corporation, which, through the Ares Insurance Solutions team, provides dedicated investment management, capital solutions and corporate development support. For more information, please visit aspida.com or follow on LinkedIn.