Raymond J. Alletto is Vice President, Risk Management for United Rentals, Inc.; In this capacity, he is responsible for Claims and Litigation Management, Insurance/Risk Finance, Environmental, Health and Safety; Benefits Finance, Corporate Security and Records Management.
Mr. Alletto’s career has spanned the manufacturing, telecommunications, and pharmaceutical industries, for small and large, public and privately held companies, all with worldwide exposures. He has consulted with various companies, focusing on claims and litigation management, alternative risk financing and risk management information systems.
Mr. Alletto began his risk management career in 1982 as product litigation manager for the Bridgeport Machines Division of Textron, in Bridgeport, Connecticut. In 1987, he joined Hubbell Incorporated, and for the next twelve years maintained worldwide responsibility for property and casualty risk exposures, risk financing and insurance, insured litigation and claims, and employee benefits administration.
In 1998, Mr. Alletto joined GTE Corporation in Stamford in conjunction with their relocation to Dallas, Texas. In addition to risk management duties, he led the cross functional merger integration team, to unify the risk management departments of GTE and Bell Atlantic, which became Verizon. For two years after the merger, he developed and managed a standalone risk management function for GTE’s internet subsidiary, Genuity, in Woburn, Massachusetts. In 2002, Mr. Alletto returned to Connecticut to join Purdue Pharma, LP in Stamford, Connecticut as Director of Risk Management.
He holds the Construction Risk Insurance Specialist designation, governed by the International Risk Management Institute; the Associate in Risk Management designation governed by the Insurance Institute of America; is both a Certified Insurance Consultant and property/casualty producer licensed by the Connecticut Department of Insurance. Mr. Alletto has been an active member of RIMS over the years, serving on numerous committees at the national level. He has been a member and chairman of the Manufacturers’ Alliance Risk Management Council, various industry advisory boards and the editorial board of Risk Management Magazine.