Donna McDermott joins IAT Re on July 30,
Since starting the unit in 2001, Miller and his team have built a successful assumed reinsurance business that has met or exceeded target returns each and every year, and today has over $350 million in written premium and accounts for 30% of the operating income for the IAT Insurance Group. Another key contributor at IAT Re, Tim Madden, Managing Director, will also retire in 2019 after an equally distinguished career. As part of the unit’s succession planning and future sustainability, IAT Re welcomed Chris Bilski to the team in May 2018.
“We greatly appreciate Jim’s leadership and the successful team and business he built at IAT Re,” said Cunningham. “We congratulate both Jim and Tim on very successful careers, and wish them all the best in their well-deserved retirement.”
About IAT Insurance Group
IAT Insurance Group is a privately owned, specialty insurance company providing property and casualty products for businesses and individuals. With 700 employees and 13 offices across the country, we go to market through six business units – Commercial Transportation, Specialty, Programs, Inland Marine, Surplus Lines Excess, and Assumed Reinsurance. The IAT Insurance Group companies are rated A- Excellent by A.M. Best. Connect with IAT Insurance Group on LinkedIn and Facebook, and learn more about the company at www.iatinsurancegroup.com.