OneBeacon restructures surety leadership, expands capacity to drive growth

OneBeacon Insurance Group's specialty business OneBeacon Surety Group has revealed key leadership changes in the US. The company has also expanded its surety bond capacity up to $250 million for qualifying clients.

Chad Anderson has been named head of North American surety. Anderson will lead surety teams across the US and Canada, who will continue to operate in their local markets as OneBeacon and Intact Insurance, respectively.

Additionally, John Guglielmo has been appointed head of US commercial surety, and Michael Seff has been appointed chief underwriting officer for commercial surety in North America. Both will continue reporting directly to Anderson.

For the last six years Guglielmo has served as senior vice president at OneBeacon Surety Group, overseeing the Mid-Atlantic, Midwest and New England regions. As head of US commercial surety, he will have operational responsibilities for OneBeacon Surety’s eight regional US offices.

Seff most recently served as senior vice president of the surety group’s New York Metro, Northwest and Southwest regions. As CUO of North American commercial surety, he will lead North American commercial surety underwriting strategy and support for large exposures.

“We are very pleased to offer additional capacity to our customers, as well as provide the leadership structure and alignment to assist and support this growth,” said Anderson. “As we continue to grow our business, I look forward to working with this expert team to expand our marketplace presence across North America.”

Make sure you are GDPR compliant and  confirm your email address to keep getting our daily emails

More of today's news AXA strikes exclusive digital insurance partnership with ING Former AIG, Marsh and Aquiline veteran joins US broker Acrisure

Munich Re to provide reinsurance to PICC on China solar deal

Zurich invests in insurtech Digital Insurance Group

Chubb reveals financial lines leadership changes

Liberty Mutual appoints CUO of national insurance specialty unit

BB&T Insurance to rebrand as McGriff Insurance Services

Don't miss our insurtech email newsletter - sign up today