OneBeacon Insurance Group, Ltd. has launched its newest specialty business—OneBeacon Surety Group. The new business will be managed by OneBeacon Surety Group President Chad Anderson and will focus on a variety of commercial surety business in all 50 states, as well as Puerto Rico, Canada and Mexico. Anderson will report to OneBeacon’s President and CEO, Mike Miller.
Anderson brings nearly 20 years of surety business experience to OneBeacon, having worked for the surety divisions at several carriers.
OneBeacon Surety Group will offer a range of commercial, custom and miscellaneous bonds targeting middle-market, Fortune 2500 companies written through a network of independent agencies, brokers and wholesalers. Business will be serviced through eight regions throughout the United States.
OneBeacon’s underwriting companies offer a range of specialty insurance products sold through independent agencies, regional and national brokers, wholesalers and managing general agencies. OneBeacon’s products target professional liability; ocean and inland marine; collector cars and boats; energy; entertainment, sports and leisure; excess property; environmental; group accident; programs; public entities; commercial surety; technology; and tuition refund.