HCC director appointed as IAT chairman

Bermuda-based IAT Reinsurance has appointed John Molbeck, a current director of IAT and HCC, as the chairman of its board of directors.

Molbeck previously served as the chief executive of HCC from May 2009 to December 2012 and as the president and operating officer from 2006 to May 2009, a position that he also held from 1997 to 2002.

IAT Reinsurance, a privately-owned Bermuda reinsurer since 1991, is an active underwriter of commercial and personal lines P&C reinsurance and insurance, directly and through its eight wholly-owned subsidiaries licensed and domiciled in the US.