Umberto Fedeli’s success in the business field has recently earned him an induction into the Northeast Ohio Business Hall of Fame.
Fedeli, a 1982 John Carroll University graduate; pursued a career in business and is the current President and CEO of The Fedeli Group.
The Fedeli Group is one of the largest privately held insurance brokerages in Ohio.
In 1988, when Fedeli was 27 years old, he bought out his partner in order to construct The Fedeli Group. He has had the leading role as president and CEO ever since.
The Fedeli Group serves thousands of clients in multiple states, and continues to grow.
“I had an interest in business. I like people, and business was something that I enjoyed. This interest started as a freshman at John Carroll,” Fedeli said.
Fedeli followed this interest and, as head of The Fedeli Group, he now deals with various aspects of business.
As a privately held insurance brokerage, The Fedeli Group handles “Commercial insurance, risk management, employee benefits and workers comp business,” Fedeli said.
In addition to these aspects, The Fedeli Group is largely involved with charity, politics, civic initiatives and partnerships.
They have supported various politicians. They hosted Sarah Palin earlier in the year for the Right-to-Life Rally, and George W. Bush in 2008, along with Mitt Romney, George and Janet Voinovich, Condoleezza Rice and Cleveland Mayor Frank Jackson. He has also played a generous role in various Catholic education.
Along with business, charity, Catholic education and partnerships, Fedeli also values relationships. He often hosts charity functions, political fundraisers and other events at his home in Gates Mills.
Fedeli feels that his biggest successes are his relationships with other people.
“I have been blessed with wonderful relationships with people, clients, associates and strategic partners” he said.
With relationships so significant to Fedeli, he is involved with JCU and the Cleveland Clinic. He is on the board at JCU and on the board of the Cleveland Clinic Foundation. His role in recent years with the Cleveland Clinic Foundation has been as chair of the Children’s Hospital HeartThrob Ball to set fundraising goals.