IFG Companies (IFG) has named Michel G. Vought president of Excess and Umbrella insurance. His responsibilities will include developing strategies to improve growth and profitability for his unit in addition to recruiting and managing talent to execute his plans.
Vought joins IFG from Markel Corporation, where he served for almost eight years as managing director and product line leader for Excess and Umbrella, and Primary Brokerage Casualty. He oversaw operating results for both units and managed the integration of Alterra’s Excess Casualty group after Markel’s acquisition of Alterra in 2013.
“Michael has deep market and product expertise with Excess and Umbrella,” said Bob Linton, chairman of IFG Companies, in a statement. “He is a proven and highly respected industry leader and a great complement to the team we are building. I am delighted to have him join IFG as we expand our product and geographic footprint.”