NEW YORK, Oct. 18, 2016 /PRNewswire-iReach/ -- Old Republic
Surety Company announced today that it has opened a new contract
surety branch office in Boston, MA
to support the growing need for contract bonds in the
Northeast.
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"Boston was a logical choice
for adding a contract branch office in the Northeast," said
Alan Pavlic, President and COO, Old
Republic Surety Company. "The need for a strong, standard surety
market is significant in this region. Having an office in
Boston will strengthen our
existing agency relationships for both contract and commercial
surety bonds - enabling us to expand our network of appointed
agencies throughout New England."
New York area native
Justin Casey, will head the
Boston, Massachusetts branch
location, and will be responsible for contract surety underwriting
for Connecticut, Maine, New
Hampshire, Rhode Island and
most of Massachusetts. Casey has
ten years of surety bond underwriting experience and offers a
diverse underwriting background with small and middle market
contract surety accounts, as well as larger, complex surety
programs. Casey holds a Bachelor of Science degree in Business
Administration from Saint Michael's
College. Casey is also a Board Member of the New York City's Surety Association and has
strong family ties to the construction industry in the
Northeast.
"Casey's experience with cultivating new agency relationships
will be a great benefit for Old Republic Surety in this untapped
territory for Old Republic, and for independent agencies looking
for additional surety resources," states Jerry Topliff, Senior Vice President of
Underwriting, Old Republic Surety Company.
Old Republic Surety Company is a standard market for general
contractors, supply contractors, and all major subcontractor
trades. The company writes bond programs in all 50 states, and has
a contract bonding capacity of $50
million, a 10-fold increase in bonding capacity since 2004
in response to market growth and industry needs. Insurance
contracts are underwritten and issued by Old Republic Surety
Company, rated "A" by A.M. Best. Contract bonds guaranty the
performance and fulfillment of all undertakings promised in a
contract. Old Republic Surety Company also offers a FastBond
product for the contractor who has an occasional bond need.
About Old Republic Surety Company
Old Republic Surety Company ranks among the nation's top
underwriters of contractors' performance and payment bonds,
miscellaneous surety, and commercial fidelity, offering thousands
of types of bonds. More than 4,000 independent insurance agencies
market Old Republic Surety financial indemnity products throughout
the United States. Headquartered
in Brookfield, Wisconsin, Old
Republic Surety Company is part of the Old Republic General
Insurance Group, the largest business segment within Old Republic
International Corporation (NYSE: ORI), one of the nation's 50
largest publicly held insurance organizations.
Media Contact: Alan P.
Pavlic - President & COO, Old Republic Surety Company,
800-217-1792, appavlic@orsurety.com
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SOURCE Old Republic Surety Company