Roanoke Insurance Group is expanding to Canada to provide insurance and surety bonds to companies involved in logistics, transportation and shipping.
The new entity, Roanoke Insurance Group Canada, Inc., (RIG CA), is an affiliate of Roanoke Insurance and part of Munich Re Specialty Group, N.A. It will operate as a retail and wholesale broker representing insurance and surety bond companies. Roanoke focuses on surety bond, ATA Carnet products and risk management services.
Roanoke veteran Glenn Patton has been appointed managing director and will be based in the new Toronto office. He has been with Roanoke for more than 22 years, serving as vice president of business development. He has worked in the Canadian insurance marketplace for the past three years.
One potential source of new business is in play as Canada recently updated its importer bond requirements, according to Roanoke.
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