IAT Insurance Group

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Lack of direction and vision - Recensione dipendente - Dipendente anonimo presso IAT Insurance Group

2,0

23 ago 2017

Dipendente anonimo

Consiglia

Gradimento del CEO

Pronostico commerciale

Vantaggi

Benefits are excellent, but are outweighed by negatives.

Svantaggi

There seems to be no vision or direction aside from making a profit. Systems and processes are inefficient and outdated.

Risposta di IAT Insurance Group

Our employees benefit the most from a company with strong financial results. When I came on board, change was necessary at IAT. The company's historical results from our insurance operations was not acceptable – with combined ratios in excess of 100 each year. In 2015 and 2016, we achieved the best results the company has ever had. Combined ratios in the mid-90s - generating underwriting profit for the first time in the company’s history. We paid our largest bonus pool(excluding the executive team) in 2016 for the 2015 performance year. In 2017, we paid out 30% more than we did in 2016. In 2017, 80% of our employees (excluding the executive team) received a bonus. The majority receiving a larger bonus than prior years. At the same time, we have worked hard to build an engaging, inclusive culture. We seek and listen to employee feedback. In fact this year was the second year we conducted an anonymous employee engagement survey managed by an outside firm led by Kevin Kruse. We are pleased that our overall score was 3.8 out of 5, and our highest score was in the area of Trust at 4.2. 87% of our employees responded to this engagement survey – one of the highest response rates the firm has ever seen. The most important thing, however, is that our survey results improved in 2017 over last year because we responded to the feedback we received and addressed many of the concerns our employees shared, including implementing a pay-for-performance model and offering expanded training and career development opportunities. Today, IAT is a stronger company with better financial results and more opportunities for reward and career development for our employees. We are investing in a major upgrade to our technology systems (BTM) and identifying new markets and opportunities for expansion. Our vision is to be a recognized leader in the specialty property casualty insurance industry, and we are well on our way. Bill Cunningham

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5,0

2 lug 2026

Dipendente anonimo

Consiglia

Gradimento del CEO

Pronostico commerciale

Vantaggi

I've had a genuinely positive experience at IAT Insurance. What stands out most is the balance between professionalism and approachability. Leadership sets clear expectations but also trusts employees to own their work and make decisions. It's an environment where your expertise is valued, and you aren't micromanaged. The people are a major strength of the organization. Across departments, I've found colleagues to be collaborative, knowledgeable, and willing to help without making it feel transactional. There's a strong sense that everyone is working toward the same goals rather than competing internally. IAT also does a good job of recognizing that careers aren't one-size-fits-all. Whether you're looking to deepen your technical expertise or take on broader responsibilities, there are opportunities to grow if you're willing to put in the effort. I've seen employees build long-term careers here because the company invests in its people and promotes from within when possible. Another positive is that the company embraces change thoughtfully. New initiatives and process improvements aren't implemented just for the sake of change—they're usually tied to a clear business objective and employee feedback is often considered along the way.

Svantaggi

As with any growing organization, priorities can shift and some processes are still evolving. Occasionally that can create ambiguity, but leadership is generally transparent and receptive to feedback.

5,0

1 lug 2026

Associate underwriter

Consiglia

Gradimento del CEO

Pronostico commerciale

Vantaggi

*AMAZING benefits, my manager always accepts my PTO as long as I will be covered while I am away and I've gotten to travel many times since joining *WFM Thursday and Fridays has been a nice perk as well

Svantaggi

*Starting out as a trainee/associate underwriter, you will be on an hourly basis which means it's even more important to spend the entire hour eating lunch. Most of my team ends up leaving before 4:15 each day (since they take a shorter lunch), but as a newer employee on the hourly schedule, I must stay until 5 pm and try to fill that one hour of time up even if I am already done with my lunch

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IAT Insurance Group

Lack of direction and vision - Recensione dipendente - Dipendente anonimo presso IAT Insurance Group

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