Southfield, MI, December 16, 2016 – Stephen Ruschak, President and Chief Operating Officer, The Guarantee Company of North America USA (The Guarantee USA), is pleased to announce that Dwight Teter has been appointed as Vice-President and Chief Underwriting Officer. Dwight will be providing technical underwriting leadership, support and authority to The Guarantee USA underwriting teams, ensuring the successful achievement of key corporate strategies for profitable growth.
“Dwight is a tremendous addition to The Guarantee USA,” says Stephen Ruschak. “Our team has delivered several years of profitable growth by successfully partnering with professional surety producers across the United States. Dwight’s extensive experience in the surety industry will help us to achieve our aim of being a leading provider of middle market surety products in the United States.
With over 30 years of experience in the surety industry, Dwight brings with him an array of knowledge that extends across various surety segments. Prior to joining The Guarantee USA, Dwight was Vice President and Regional Underwriting Officer at Liberty Mutual Surety and held numerous surety underwriting positions of increasing responsibility with Safeco and Ohio Casualty.
“The Guarantee Company has made great strides in building out our North American footprint over the last few years,” says Alister Campbell, CEO of The Guarantee Company of North America. “The addition of Dwight Teter to our Senior Management Team will ensure we maintain that positive momentum and help move our company to the next level in the United States.”
About The Guarantee USA
The Guarantee USA underwrites Contract, Commercial and Environmental Surety through its home office in Southfield, Michigan and 19 branch office locations across the United States. The Guarantee USA is licensed to write Surety in 50 states, Puerto Rico and the US Virgin Islands. Our US Treasury Listing is currently $16,955,000 as of July 1, 2016 with an A.M. Best rating of “A” (Excellent) and a Financial Strength Category of VIII ($100M–$250M). For more information please visit theguaranteeus.com.
About The Guarantee Canada
The Guarantee Company of North America is a leader in specialty insurance within the North American marketplace. We offer in-depth knowledge and expertise in niche segments, including the construction industry, transportation industry, corporate programs and customized personal insurance. For more information please visit theguarantee.com.
The Guarantee Company of North America
416 223-9580 ext. 11381
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