Wholesaler Russell Bond & Co. Opens New Jersey Office

June 24, 2008

Buffalo, New York-based insurance wholesaler Russell Bond & Co. has opened a new branch office in Hamilton, New Jersey.

Called the Financial Institutions Underwriting Office, the new branch holds binding authorities on behalf of underwriters at Lloyd's London for mortgage impairment, excess flood, forced placed property and related coverage, the company said.

The separate underwriting facility is open to work with both retail and wholesale producers throughout the country.

Arthur E. Fullan, Edward T. Reilly and Diana Sirak -- longtime colleagues, and formerly of U.S. Risk - will be based in the new branch.

Russell Bond & Co.'s other satellite offices are in Syracuse, New York and Richmond, Virginia.

Source: Russell Bond & Co.