Latest Surety Headlines
All the headlines from our Surety Topic Page, ordered by recency.
Marsh JLT Special Names Johnson Chair of UK Construction, Infrastructure & Surety
Jul 1 2020 // Marsh, the insurance broker and risk adviser, announced the appointment of Mike Johnson as chairman of the UK Construction, Infrastructure & Surety Practice, Marsh JLT Specialty. Effective immediately, Johnson succeeds...
Woodruff Sawyer’s Munekawa Elected NASBP President
Jun 11 2020 // Mark Munekawa, senior vice president and surety manager at San Francisco, Calif.-based Woodruff Sawyer has been elected the 2020-2021 president of the National Association of Surety Bond Producers. NASBP is the association...
Insurance Office of America Appoints Tresidder as Director of Surety
Feb 26 2020 // Insurance Office of America (IOA) has added Michael J. Tresidder to its team. Tresidder has been appointed director of surety, which is a newly created position, and he will be based in IOA’s Syracuse, N.Y,...
Missouri’s POWERS Insurance & Risk Management Launches Surety Bonds Division
Feb 25 2020 // St. Louis, Missouri-based POWERS Insurance & Risk Management has opened a new division: POWERS Surety Bonds. The new national division will focus on bond products and services for all surety programs to help safeguard...
Liberty Mutual Surety Launches Product Line for Small, Mid-Size Contractors
Jan 17 2020 // Liberty Mutual Surety has launched a new product line dedicated to contract transactional and small- to mid-sized surety business. Liberty Mutual Surety Plus is available through independent agents and serves contractors...
Berkshire Hathaway Specialty Taps AIG’s Adams as Head of Surety, Canada
Dec 5 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its global surety team with the addition of Andrew Adams as head of Surety in Canada. In this new role, Adams will establish and expand BHSI’s...
Philadelphia Insurance Promotes Cundiff to Lead Surety Division Nationwide
Dec 3 2019 // Philadelphia Insurance Companies, a commercial property/casualty and professional liability insurer, announced the promotion of Michael Cundiff from vice president to senior vice president of Surety. Cundiff will succeed...
AssuredPartners Acquires Surety Solutions Insurance Services in California
Nov 25 2019 // AssuredPartners Inc. has acquired Surety Solutions Insurance Services Inc. of Rancho Cordova, Calif. The team of 15 will remain under the leadership of John Page and Ryan Tash. Surety Solutions is licensed in all 50...
Arch Re to Buy Aspen Re’s Global Credit and Surety Reinsurance Business
Nov 22 2019 // Arch Reinsurance, a subsidiary of Arch Capital Group Ltd., is acquiring Aspen Reinsurance’s global credit and surety reinsurance business after Aspen Re decided to exit the line. In addition to the renewal rights on...
Accredited Surety Unveils Program Underwriting Partnership for Western States
Oct 29 2019 // Accredited Surety and Casualty Co. Inc., a Florida-domiciled insurance company licensed to write admitted business in all 50 states, has entered into a new program partnership with M.G. Skinner & Associates Insurance...
Schweisthal Named Asst. Surety Underwriter at J.M. Wilson in Indiana
Oct 25 2019 // Managing general agency and surplus lines broker J.M. Wilson has added Grant Schweisthal as an assistant surety underwriter in its Carmel, Indiana, office. He is responsible for assisting surety underwriters on a wide...
BHSI Enters Australia Surety Market, Hiring Griffiths from Liberty Specialty to Lead Team
Oct 21 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it is entering the surety market in Australia and has named Jonathan Griffiths as head of Surety, Australia. BHSI will focus on providing contract surety solutions...
Tokio Marine HCC Expands Surety Team in France with 2 Hires from Zurich Insurance
Oct 8 2019 // Tokio Marine HCC announced the appointment of Jennifer Metcalfe as senior surety underwriter – France, effective Sept. 16. She reports to Aymeric Vinet Desrues, head of Surety – France, who was appointed in...
Liberty Mutual Surety Taps Schrift to Develop Subcontractor Default Insurance Offering
Aug 20 2019 // Liberty Mutual Surety has appointed Douglas Schrift and charged him with developing the company’s Subcontractor Default Insurance (SDI) offering. SDI is a two-party catastrophic insurance coverage that protects...
Surety Specialists Feighl, Hohlt Join EPIC in Houston
Jul 24 2019 // San Francisco-based EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has added Eric Feighl and John Hohlt in its Houston office. Feighl has joined...
J.M. Wilson Promotes Tucker-Lorenz to Surety Underwriter in Indiana
Jul 24 2019 // J.M. Wilson has promoted Shelly Tucker-Lorenz to surety underwriter in its Carmel, Indiana, office. With this new role, she is responsible for underwriting new and renewal commercial and contract bonds, corresponding with...
BondExchange Upgrades Surety Bond Platform to Include Self-Service
Jun 27 2019 // BondExchange has upgraded its surety bond platform to give agents their own branded portal to directly distribute bonds to their clients. The original platform launched in 2016 and now serves over 25,000 agents across the...
New York’s NFP Promotes Hyland to Its Surety Division
May 9 2019 // NFP, a New York, N.Y.-headquartered insurance broker and consultant that provides employee benefits, property and casualty, retirement and individual products, has named John Hyland, senior vice president of NFP Property...
Bailey Named Surety Underwriting Manager at Iowa’s UFG Insurance
May 8 2019 // Cedar Rapids, Iowa-based UFG Insurance has hired Scott Bailey as surety underwriting manager. He will succeed current surety underwriting manager, Art Fearn, who is retiring after a successful 15-year career with the...
Liberty Mutual to Acquire AmTrust’s Surety, Credit Reinsurance Business
Apr 15 2019 // Liberty Mutual Insurance said it has agreed to acquire the global surety and credit reinsurance operations of property/casualty insurer AmTrust Financial Services. Terms of the deal were not disclosed. Upon closing,...
