Old Republic Surety Company Hires Chaz Cointment As Bond Manager

BROOKFIELD, Wis., June 6, 2016 /PRNewswire-iReach/ -- Old Republic Surety Company announced today the addition of Chaz Cointment (quit-ma) as Bond Manager for its Kansas City, Kansas contract branch office located in Overland Park, Kansas.

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"We have a very strong and loyal agent base in the Midwest," said Alan Pavlic, President and COO, Old Republic Surety Company. "Our Kansas City contract branch plays a key role in our commitment to offering local underwriting expertise to contractors throughout the Midwest. Independent agents are looking for more standard, middle-market surety options with a financially sound surety company. Hiring Chaz enables Old Republic Surety to continue to offer local underwriting expertise, and with our bonding capacity at $50 million, we can handle their capacity requirements as well."

Cointment brings more than eight years of surety industry experience to his new position. He is the former president of the Surety Association of Oklahoma, and a Certified Continuing Education Presenter for National Underwriter. Cointment holds a Bachelor of Arts degree in Economics from Oklahoma State University and an Associate in Fidelity and Surety Bonding (AFSB) certification.

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 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