Pate Joins the INSCO DICO Group

The INSCO DICO Group announced that Stephen T. Pate has joined as Senior Vice President of Underwriting. He will be located in INSCO’s Irvine, Calif.-based headquarters and work closely with the Board of Directors and veteran Home Office Underwriting personnel.

Pate has led and managed various aspects of company operations nationwide. Starting out as a claims representative for Aetna Casualty over 35 years ago, he transitioned into surety underwriting and branch management at Travelers Insurance Company. After Continental Insurance purchased Travelers Surety in 1989, Pate held several leadership positions and became managing officer of Continental’s surety operation in 1993.

Pate joined Western Surety Company in 1994, as their President and COO. While at Western, he served as a key executive in planning and executing the successful merger to form CNA Surety Corp in 1997. During his tenure, Western Surety experienced solid growth and introduced a number of technology and service enhancements.

In his most recent post as Senior Vice-President with HCC Surety Group, Pate was actively involved in the executive management of the surety operation and oversaw contract and commercial underwriting and branch operations.

Harry Crowell, Chairman of The INSCO DICO Group, said, “We are proud to welcome Steve to the Company and look forward to tapping into his breadth and depth of experience with all aspects of surety operations. Using his expertise, we will focus on further improving and streamlining processes within the underwriting unit.”