Industry veteran Steve Assennata has joined IAT Insurance Group, a provider of specialty property and casualty products, as chief underwriting officer (CUO) of its programs unit.
IAT Insurance Group, a provider of specialty property and casualty products, is expanding its product offerings with the formation of a new management liability business unit. It will be led by John Passaro who brings more than 28 years of experience in the insurance industry, including extensive experience with management and professional lines.
US-based IAT Insurance Group has hired Donna McDermott as head of IAT Reinsurance (IAT Re) to succeed senior vice president Jim Miller who plans to retire on March 1, 2019.
IAT Insurance Group has agreed to acquire IFIC Surety Group which includes International Fidelity Insurance Company and its subsidiary Allegheny Casualty Company.
IAT Insurance Group is acquiring the renewal rights and certain associated assets for a book of surplus lines excess and umbrella insurance business from Rockhill Insurance Group, a subsidiary of State Auto Mutual Insurance Company.
Managing general agency Access Holdco Management has acquired property/casualty insurer Occidental Fire & Casualty Company’s Massachusetts non-standard auto insurance book of business.
Bermuda reinsurer IAT Reinsurance Company (IAT) has appointed a new CEO.
Bermuda-based IAT Reinsurance has appointed John Molbeck, a current director of IAT and HCC, as the chairman of its board of directors.