OLD REPUBLIC SURETY COMPANY OPENS CONTRACT SURETY BRANCH OFFICE IN CINCINNATI, OH

BROOKFIELD, Wis., April 29, 2016 /PRNewswire-iReach/ -- Old Republic Surety Company announced today that it has opened a new contract surety branch office in Cincinnati, Ohio to support the growing need for contract bonds in the region.

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"The Midwest is a significant marketplace for surety contract bonds, and Cincinnati was a logical choice for an additional branch office," said Alan Pavlic, President and COO, Old Republic Surety Company. "Having an office in Cincinnati will strengthen our existing agency relationships and enable us to expand our network of appointed agencies in the Ohio Valley."

Ohio native Scot Albrinck, AFSB, will head the Cincinnati, Ohio branch location. Albrinck has nearly 10 years of surety and finance experience and offers a diverse underwriting background with small and middle market contract surety accounts. Albrinck holds a Bachelor of Science degree in Financial Management from The Ohio State University and has earned an Associate in Fidelity and Surety Bonding (AFSB) credential.

"Scot's experience with both large and small contractors, and strong financial background, will be a tremendous resource for contractors throughout the region," 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, [email protected]

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SOURCE Old Republic Surety Company