CHICAGO--(BUSINESS WIRE)--IFG Companies (www.ifgcompanies.com) is pleased to announce the addition of Joseph P. Hoffmann (Joe) as Executive Vice President and Chief Financial Officer. Mr. Hoffmann, who will be located in IFG's Chicago office, will report to Christopher Lewis, Group President, and will serve as a member of IFG's executive leadership team. Joe will be responsible for the continued advancement of the IFG finance team, while supporting IFG’s long-term vision to grow book value and optimize risk-adjusted returns through profitable growth. Joe comes to IFG with over 19 years of demonstrated success in finance roles.
"IFG Companies is committed to a long-term strategy of growing profitable business through investments in people, technology and product," said Bob Linton, Chairman of IFG Companies." With his experience in our industry, the addition of Joe Hoffmann to our team further demonstrates this commitment."
Mr. Hoffmann began his career at Arthur Andersen, LLP in Dallas, Texas, with clients that included large, publicly-traded exploration and production companies, energy service providers and a multinational telecom supplier. Joe then assumed greater levels of responsibility in finance positions within KPMG, Aon, PLC and most recently Ryan Specialty Group, LLC, where he spent the last six years in various national and international capacities.
Joe is a Certified Public Accountant, holds a Bachelor of Arts degree in Accounting from The University of Texas at Arlington and earned a Juris Doctor degree in Law from DePaul University College of Law in Chicago.
Founded in 1985, IFG Companies is one of the largest privately held insurance groups in the United States. IFG Companies provides property–casualty insurance on both a non-admitted basis and an admitted basis throughout America. IFG Companies has two principal underwriting groups, the Bind Division and the Brokerage Division. Bind provides general liability, garage liability and property coverages through select contracted producers. Brokerage focuses primarily on mid-sized or more complex accounts and includes the Primary Casualty, Excess/Umbrella Liability and Property underwriting units. Coverages are underwritten by IFG's affiliated insurers: The Burlington Insurance Company, First Financial Insurance Company, Alamance Insurance Company and Guilford Insurance Company. All hold a financial strength rating of A (Excellent) from A. M. Best Company.