IAT appoints ex-XL Catlin to EVP of excess & surplus

IAT Insurance Group, a provider of specialty property/casualty and surety products, is expanding its excess & surplus business unit, which combines the company’s excess, binding and brokerage products marketed through its wholesale insurance distribution partners.

The company has appointed Coy Rudd (pictured) to lead the unit as executive vice president of E&S unit.

IAT's E&S is focused on middle and small market accounts in the binding, brokerage and excess casualty surplus lines space. The team collaborates with agents and wholesale broker clients to provide tailored solutions to meet customers’ needs.

Rudd previously served as senior vice president of excess casualty mid-market. He joined IAT in November 2017 bringing 30 years of experience building and growing excess casualty business. Prior to joining IAT, he served as regional vice president, East at XL Catlin where he was responsible for the growth of the excess & surplus casualty business in the Eastern region for primary and excess casualty. Prior to XL Catlin, Rudd was vice president, excess product line manager at Colony Specialty Insurance, and his career has included positions at Axis US Insurance, Investors Underwriting Managers and Reliance National Insurance Company, among others.

Bill Cunningham, CEO of IAT Insurance Group, said: “Coy oversaw the successful launch of our Excess Casualty Mid-Market unit and has grown that business substantially in the last four years. With his expertise and understanding of the excess and surplus specialty market, aligning our excess, binding and brokerage products under Coy’s leadership will support the continued growth of the specialty business with our wholesale partners.”

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