IAT Insurance Group
IAT Insurance Group is a specialty property-casualty and surety carrier operating through eight business units, serving niche commercial and personal insurance markets—aviation, trucking, construction, surety, and E&S—via independent agents and brokers across the United States.
- Company typePrivate
- Founded2018
- HeadquartersRaleigh, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What IAT Insurance Group does
IAT Insurance Group is a specialty property-casualty and surety carrier organized into eight business units—Commercial Transportation, Specialty, Programs, Inland Marine, Excess Casualty Mid-Market, Reinsurance, Surety, and Management Liability—serving niche commercial and personal insurance markets. The company writes across nine product lines spanning aviation, commercial trucking, moving and storage, excess and surplus, inland marine, management liability, surety bonds, reinsurance, and personal lines (homeowners and aviation). IAT distributes exclusively through a network of independent agents and brokers in the United States, supported by agent portals, a 'Become an Agent' recruitment program, a 'Find an Agent' locator, a 24/7 claims center, and a loss control portal offering free training, data analytics, and safety culture tools to insureds.
Underlying the underwriting operations is an enterprise-wide technology platform implemented in 2018 by then-CIO Christopher Dowler, built on an out-of-the-box architecture focused on data collection, customer service, and continuous process improvement. Over a roughly decade-long modernization program, IAT has layered predictive modeling and AI tools for underwriters and claims professionals, complemented by a dedicated SVP/Chief Analytics Officer function and disciplined build-versus-buy decision-making. Revenue is generated through insurance premiums, priced via individual risk assessment and underwriting, billed annually, and distributed via the agent/broker channel; the company holds an A.M. Best A- (Excellent) financial strength rating and is ranked among the top 200 U.S. property-casualty insurers and the top 10 in U.S. aircraft insurance market share.
IAT Insurance Group firmographics
Firmographics- Name
- IAT Insurance Group
- Legal name
- IAT Insurance Group
- Website
- https://iatinsurancegroup.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- IAT Insurance Group is a specialty property-casualty and surety carrier operating through eight business units, serving niche commercial and personal insurance markets—aviation, trucking, construction, surety, and E&S—via independent agents and brokers across the United States.
- Ownership category
- akta.pro rank
IAT Insurance Group industry classification
Industry- Product category
- Specialty Property-Casualty Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers (5241), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331), Surety Insurance (6351)
- akta.pro primary industry
- Excess Casualty (Lead/Umbrella/XS) (FSAJAGAA)
- akta.pro secondary industries
- Financial Lines Treaty Reinsurance (e.g., D&O, E&O, professional liability) (FSAOAEAG), Wholesale Insurance Brokerage (Excess & Surplus Lines) (FSAEADAD)
Keywords
Where IAT Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Raleigh
- HQ country
- United States
- HQ region
- North America
Markets served
IAT Insurance Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Insurance Premiums: IAT Insurance Group generates revenue through specialty property, casualty, and surety insurance products. Premiums are collected from policyholders in exchange for coverage against specified risks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Quote-based insurance products |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
IAT Insurance Group product offering
Product offeringCore offering
IAT Insurance Group underwrites and distributes specialty property, casualty, and surety insurance products through eight business units serving niche markets such as aviation, commercial trucking, moving and storage, excess and surplus lines, inland marine, management liability, surety bonds, and reinsurance. The company offers both personal lines (homeowners, aircraft owners) and commercial lines, distributing through independent agents and brokers across the United States, supported by a 24/7 claims center.
Product overview
IAT Insurance Group operates as a specialty insurance company offering a platform of property, casualty, and surety products through eight business units: Commercial Transportation, Specialty, Programs, Inland Marine, Excess Casualty Mid-Market, Reinsurance, Surety, and a newly formed Management Liability division. The product portfolio spans Personal Insurance (Homeowners, Aviation) and Business Insurance (Commercial Truck, Moving & Storage, Excess Liability & Surplus, Inland Marine, Management Liability, Surety Bonds, Reinsurance). The company distributes through agents and brokers, with digital self-service tools including a Loss Control Portal, California Fair Plan Wrap Program for DIC coverage, and an online Claims Center available around the clock.
Differentiator
Problem solved
Functional benefit
Products and services
- Homeowners Insurance
Quantifiable outcome
- A.M. Best A- (Excellent) rating demonstrates financial strength
- +1 more outcomes
Companies that use IAT Insurance Group
Customer profileNamed customers3 records
Segments9 records
Ideal customer profiles8 records
IAT Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
IAT Insurance Group partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered support.
- National African American Insurance Association (NAAIA)supportIAT partners with NAAIA to support diversity in the insurance industry and provide development opportunities for underrepresented groups.
- ProspanicasupportIAT partners with Prospanica, an organization empowering the Hispanic community, to provide professional development and networking opportunities for employees.
- Association of Professional Insurance Women (APIW)supportIAT partners with APIW to support women in insurance through resources, development opportunities, and professional networking.
- HBCU ImpactsupportIAT collaborates with HBCU Impact to attract diverse talent to the insurance industry through the Spencer Educational Foundation.
- Spencer Educational FoundationsupportIAT partners with Spencer Educational Foundation to support insurance education and career development, particularly for underrepresented groups.
- Surety and Fidelity Association of America (SFAA) Surety FoundationsupportIAT's Surety division sponsored a $5,000 scholarship through the SFAA Surety Foundation to increase diversity in the surety and fidelity industry.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
IAT Insurance Group competitors and assessment
Company assessmentDirect peers
- Old Republic International: Specialty insurer ranked alongside IAT in top-10 U.S. aviation insurance. Comparable because of overlapping specialty P&C and aviation underwriting focus and similar A.M. Best rating tier.
- Markel Corporation: Specialty insurer with aviation, surety, management liability, and excess & surplus lines. Comparable to IAT because it competes across nearly the same specialty verticals with an agent/broker distribution model.
- RLI Corp. Specialty P&C insurer focused on E&S, surety, and niche casualty lines. Closely comparable to IAT in business model — small/mid-cap specialty carrier distributing through agents/brokers with similar product breadth.
- Sompo International: Specialty P&C insurer with strong aviation, commercial auto, and surety books. Comparable because it competes head-to-head with IAT in aviation and commercial transportation specialty lines.
Broad incumbents
- Travelers: Large U.S. P&C carrier with specialty commercial transportation, management liability, and surety units. Comparable because of overlapping commercial trucking, management liability, and surety franchises.
- AIG (American International Group): One of the largest U.S. aircraft insurers and a major specialty P&C writer. Explicitly named alongside IAT in the top-10 U.S. aviation market share list, making it the most direct large-carrier peer in aviation insurance.
- Chubb: Global P&C and specialty insurer with major aviation, surety, and management liability franchises. A direct competitor to IAT on larger specialty accounts and a benchmark on rating (A++). Comparable because it overlaps on aviation, E&S, and management liability lines.
- Zurich North America: Global insurer with strong commercial transportation and surety operations in the U.S. Comparable because it competes with IAT for commercial trucking fleet business and large surety accounts.
- HCC Insurance Holdings (now Tokio Marine HCC): Specialty P&C group within Tokio Marine that writes aviation, surety, and management liability. Comparable because of overlapping specialty product set and Tokio Marine's A+ rating makes it a benchmark IAT may aspire to.
- Liberty Mutual Insurance: Large U.S. P&C insurer with specialty, surety, and commercial lines businesses. Comparable because it competes with IAT across surety, commercial auto, and inland marine specialty products.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
IAT Insurance Group social profiles
Digital presenceIAT Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
IAT Insurance Group leadership team
Management profileNumber of profiles
Profiles15 records
IAT Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IAT Insurance Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IAT Insurance Group
What does IAT Insurance Group do?
IAT Insurance Group underwrites and distributes specialty property, casualty, and surety insurance products through eight business units serving niche markets such as aviation, commercial trucking, moving and storage, excess and surplus lines, inland marine, management liability, surety bonds, and reinsurance. The company offers both personal lines (homeowners, aircraft owners) and commercial lines, distributing through independent agents and brokers across the United States, supported by a 24/7 claims center.
Is IAT Insurance Group a public or private company?
IAT Insurance Group is a private company. It is classified as unknown and is currently operating.
When was IAT Insurance Group founded?
IAT Insurance Group was founded in 2018. It employs 501 to 1,000 people.
Where is IAT Insurance Group based?
IAT Insurance Group is headquartered in Raleigh, United States, in the North America region.
How does IAT Insurance Group make money?
One revenue line is on record: insurance Premiums.
Who are IAT Insurance Group's main competitors?
Direct peers on record are Old Republic International, Markel Corporation, RLI Corp. and Sompo International. Broad incumbents are Travelers, AIG (American International Group), Chubb, Zurich North America, HCC Insurance Holdings (now Tokio Marine HCC) and Liberty Mutual Insurance.
Does IAT Insurance Group have an API?
No public API is recorded for IAT Insurance Group.
What industry is IAT Insurance Group in?
IAT Insurance Group's product category is Specialty Property-Casualty Insurance. Its primary akta.pro industry code is FSAJAGAA, Excess Casualty (Lead/Umbrella/XS), with a secondary code of FSAOAEAG, Financial Lines Treaty Reinsurance (e.g., D&O, E&O, professional liability). Its NAICS code is 524126 and its SIC code is 6331.