One Beacon is pleased to announce changes to the roles and responsibilities of members of our U.S. leadership team. In addition, we are now offering up to $250,000,000 in aggregate surety bond capacity for qualifying clients.Building upon his 25 years of Surety industry experience and his strong leadership of OneBeacon Surety Group, Chad Anderson has been named Head of North American Surety. Chad will lead Surety teams across the U.S. 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 U.S. Commercial Surety and Michael Seff has been appointed Chief Underwriting Officer for Commercial Surety in North America. Both will continue reporting directly to Mr. Anderson.
Guglielmo brings more than 22 years of surety business experience to his new role. For the last six years he has served as Senior Vice President at OneBeacon Surety Group, overseeing the Mid-Atlantic, Midwest and New England regions. As Head of U.S. Commercial Surety he will have operational responsibilities for OneBeacon Surety's eight regional U.S. offices.
Seff, also a seasoned surety professional with more than 20 years of industry experience, most recently served as Senior Vice President of the Surety Group's New York Metro, Northwest and Southwest regions. As Chief Underwriting Officer 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 Mr. 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."
Current underwriting processes and regional contacts for agents, brokers and customers will remain unchanged.