Intact Insurance Specialty Solutions names new CUO for transactional surety
Intact Insurance Specialty Solutions names new CUO for transactional surety | Insurance Business America
Insurance News
Intact Insurance Specialty Solutions names new CUO for transactional surety
He comes to the role with over two decades of experience
Insurance News
By
Kenneth Araullo
Intact Insurance Specialty Solutions has announced the appointment of Scott Reinke (pictured above) as chief underwriting officer for its transactional surety team.
Reinke has over two decades of experience in the transactional surety market.
Prior to joining Intact, Reinke served as senior vice president of transactional surety at Arch Insurance Group, a role he held from August 2022 to April 2024. Before that, he was vice president at the same company in Nashville, Tennessee, from April 2018 to August 2022.
His career also includes positions at The Hanover Insurance Group as director of transactional surety and at The Surety Group as director of business development, along with significant tenures at CNA Surety and Great West Casualty Company.
In his new role, Reinke will oversee the commercial transactional book of business and the online surety bond platform at Intact. The company notes that his background in underwriting and development in surety bonds will guide his leadership at Intact Insurance Specialty Solutions.
John Guglielmo, head of surety & trade credit for North America at Intact, expressed confidence in Reinke’s capabilities.
“Scott’s experience, leadership and consistent record of profitability, make him a great addition to the commercial surety team. Scott’s vision will be a key driver as we enhance Intact’s transactional surety capabilities,” Guglielmo said.
Intact Insurance Specialty Solutions provides a wide array of specialty insurance products via independent agencies, regional and national brokers, wholesalers, and managing general agencies.
Its offerings include group accident and health; commercial and contract surety; entertainment; environmental; excess property; financial institutions; financial services; inland marine; management liability; ocean marine; technology; trade credit, and tuition refund.
Elsewhere for the insurance group, Intact Financial Corporation recently published its financial results for the fourth quarter and full-year 2023, revealing increased dividends to common shareholders for the 19th consecutive year.
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