IAT hires Munich Re property treaty lead for assumed reinsurance

IAT Insurance Group, a provider of specialty property/casualty and surety products, has lured a Munich Re executive of over 13 years to head up its assumed reinsurance division.

Doug Johnson (pictured) has joined IAT Insurance as a managing director within its assumed reinsurance division.

Johnson was most recently a property treaty lead and SVP at Munich Re. He led a team of underwriters and was responsible for maintaining a positive and inclusive team culture as well as all aspects of underwriting, pricing, and production for a large property portfolio.

Prior to his tenure in reinsurance, Johnson spent time with Munich Re Specialty Markets, producing and analysing MGA programme business.

He started his career at Munich Re as part of a comprehensive two-year risk analyst training programme that exposed him to all aspects of direct insurance operations.

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