ALPHARETTA, Ga.--(BUSINESS WIRE)--IFG Companies (www.ifgcompanies.com) is pleased to announce the addition of Brett M. Blumencranz as Senior Vice President, Head of Sales and Marketing. Brett comes to IFG with more than 20 years of experience in business development within the financial services industry, including the development and execution of effective sales and growth strategies in insurance. Brett will be based in IFG's Alpharetta, Georgia office and will report to Christopher M. Lewis, IFG Companies' Group President.
"Brett brings the performance-oriented focus and experience that IFG was looking for in a sales leader, as we continue to pursue profitable and measured growth," commented Bob Linton, Chairman of IFG Companies. Christopher Lewis, IFG Companies' Group President, also noted that "with his very successful record in business development within the insurance industry, Brett is a great addition to the IFG leadership team at a time when IFG is expanding its product and service offerings for our wholesale producers and our customers."
Brett joins IFG Companies from Wells Fargo Insurance, where he held numerous leadership roles in sales and business development. Brett began his career in insurance at BWD Group in New York where he spent six years as an insurance producer. He then returned to his hometown of Tampa, Florida where he worked in investment and financial planning roles with Prudential Financial and ProVise before joining Wells Fargo in 2005. Brett holds a Bachelor of Arts degree from Gettysburg College and various licenses in the insurance and financial services industries.
Founded in 1985, IFG Companies is one of the largest privately held insurance groups in the United States. IFG provides property-casualty insurance on both a non-admitted and an admitted basis. IFG has two principal business segments, the Bind Division and the Brokerage Division.
The Bind Division offers liability and property coverages for smaller businesses and other entities written through a national network of contracted producers. The two business units within the Bind Division are (i) Property and Casualty and (ii) Garage-related business.
The Brokerage Division: Offers liability and property coverage to meet the specialized needs of small to medium-sized firms as well as certain larger businesses. The five business units within the Brokerage Division are:
- Primary Casualty
- Excess Casualty
- Primary Property
- Layered & Shared Property
- Inland Marine
Insurance underwritten by the business units may be issued through one of four affiliated insurers which are indirect, wholly-owned subsidiaries of IFG:
Alamance Insurance Company
The Burlington Insurance Company
First Financial Insurance Company
Guilford Insurance Company
The holding company for IFG Companies has an A+ issuer credit rating, and all insurance subsidiaries hold a financial strength rating of A (Excellent) IX from A. M. Best Company.